In this episode we talk about financing ADU (accessory dwelling units) in California. This is a hot emerging trend happening throughout California.
While California already made huge strides in 2017 with favorable Accessory Dwelling Unit (ADU) legislation, a new series of state bills, further lower barriers to creating ADUs, aka Granny Flats.
Summary of New ADU Rules in California:
Faster ADU plan review times.
Prohibits local agencies from imposing strict requirements that exceed state mandates.
More flexible ADU size and set back requirements.
Allows both regular size and “Junior” ADUs on the same property.
Allows ADUs for multi-family units and duplexes.
Prohibits local agencies charging “Impact Fees” for ADUs under 750 sq. ft.
With all of these favorable changes you can expect to see a continued boom in the California market and beyond.
To learn about financing options please schedule a call https://calendly.com/beaueckstein/15-minute-meeting-beau