The California Housing and Finance Agency’s (CalHFA) ADU Grant Program has made remarkable strides toward addressing the ongoing housing crisis plaguing local municipalities statewide. With $100 million already allocated to the maximum number of grant recipients, many homeowners are wondering what options are left to help them finance the development of their ADUs.
What homeowners can do for the State to release additional ADU funds
When the CalHFA grant funds got depleted at the end of October 2022, leaving thousands of hopeful homeowners with no access to ADU predevelopment funds, HPP Cares had to answer questions from homeowners about when next the grant funds will be made available. Part of the HHP Cares’ response to the need for additional funding was to invite homeowners to make their voices heard through a sign-on letter. The aim of the sign-on letter is to request the State to make available the additional $50 million, earmarked for the ADU grant program, to homeowners on the waitlist. These funds are currently on hold while CalHFA engages with several proprietors to discuss the best way to utilize this additional grant money.
What links should homeowners click on:
As a homeowner who wishes to add their name to the list of homeowners pushing for ADU grant funds to be made available, you can sign the sign-on letters that will be sent to California legislators in the Assembly and Senate.
To sign the letter, copy the following link onto your browser to get to the CA Legislature Sign-On Letter: https://secure.everyaction.com/ZbWeM-Ia-UaesLqNp-zMUg2
We also encourage you to engage with your elected representatives by contacting their district offices. You can locate your representative by copying the following link onto your browser: https://findyourrep.legislature.ca.gov/
For more information on this matter: Don’t hesitate to email: [email protected]
Article compiled by: Damian J. Hernandez (He/Him/His) - Director of Public Policy and Advocacy
