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Home Payment Assistance

Accessory Dwelling Units Funding Sources

New Accessory Dwelling Unit (ADU) funding laws have opened up grants and funds for the planning, construction and operation of ADUs that can be offered at affordable rent for very-low to moderate-income households.

NAAC, as a HUD-approved counselor , accepts and processes grant applications subject to set eligibility criteria and fund availability.

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Intermediary

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What are Accessory Dwelling Units?

Accessory Dwelling Units (ADUs) — also known as granny flats, in-law units, backyard cottages, secondary units —are an innovative, affordable, effective option for adding much-needed housing in California.

Building ADU opens up opportunities for affordable housing.

Effective on or after September 20, 2021, the CalHFA ADU Grant Program will provide up to $25,000 in assistance to reimburse homeowners for pre-development costs necessary to build and occupy an ADU, including but not limited to architectural designs, permits, soil tests, impact fees, property survey and energy reports.

The CalHFA ADU Grant Program is for low to moderate income homeowners that are building an ADU on their owner-occupied property. CalHFA approved lenders that have executed the ADU Lender Participation Agreement can reserve these funds once the construction loan is funded and CalHFA will wire the funds directly to the construction loan escrow account.

Noah has developed a new way for homeowners to renovate their homes and add an ADU without taking on the burden of debt or the burden of monthly payments.

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