We can help you find the best approach to finance your project since we have extensive experience in Real estate & Lending as well. We would help you to navigate the ADU financing process and plan your budget for various steps involves in building an ADU accordingly.

Also, there are Grants offered by CAL-HFA which can pay up to $40,000 of your initial costs. We help you to figure out if you can qualify for it. You can also get a Home Equity Line of Credit (HELOC) or just do a separate financing from a list of lenders that we provide to you. 

Keep in mind that the initial costs for building a basic ADU  is around $300 for a very simple look & $500+  per square feet for a fancier one. Most ADUs are between 300 sqft to a Max of 1200 sqft (some restriction applies for different counties).

Let’s plan to sit down with one of our team member and go over your financials to get a professional opinion. Consultation is FREE.

Over the past several years, California’s housing production has not kept pace with market demand. The lack of housing has caused soaring prices, where homes are even available, or has left Californians with no choice but to commute much further out from where they work to find suitable housing. Housing alternatives, such as Accessory Dwelling Units (ADUs), are on the rise to assist with the housing shortage outside of just relying on traditional construction models.

New funding laws also went into effect that incentivized and promoted the creation of ADUs also known as granny flats, in-law units, backyard cottages, or secondary units. ADUs are an innovative, affordable, effective option for adding much-needed housing in California.

CalHFA’s ADU Grant Program has already created more housing units in California by providing grants up to $40,000 to reimburse pre-development and non-recurring closing costs associated with the construction of an ADU. Pre-development costs include site prep, architectural designs, permits, soil tests, impact fees, property surveys, and energy reports.

Program Updates

December 28, 2023 - The latest round of ADU funding has been fully allocated. Thanks to our Approved Participants for their work, and Happy Building to all the grantees with ADU projects.