california

How to Build and Profit from California’s New 2024 Housing Laws

The new California real estate laws for 2024 focus on streamlining housing production, addressing environmental quality issues, and modifying land use and planning regulations, among other areas. Following are the summarized categories and laws that have been put into effect[1]: Streamlining SB 423 – Extension and Expansion of Streamlined Ministerial Approval Law for Affordable Projects …

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A Guide to California’s $40,000 ADU Grant Program

Revival of CalHFA’s ADU Grant Program California state officials have relaunched an essential grant program that provides assistance to lower-income homeowners aiming to construct accessory dwelling units (ADUs). The program was previously in doubt due to funding, but California officials have pulled through and renewed it. This program assists with some of the early financial …

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California’s ADU Grant Program Funding in Flux

California’s popular state grant program for accessory dwelling units (ADUs) is facing uncertainty. Initially, the program offered up to $40,000 to qualified homeowners for pre-construction costs. However, the Assembly Budget Committee recently advanced a bill that could retract the previously approved $50 million for ADU financing. Chairman Phil Ting (D-San Francisco) stated that an amendment …

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