ADU Financing

A newspaper clipping with the words "Interest rate cuts" lies on top of a pile of US dollar bills. Benjamin Franklin's portrait is visible on a $100 bill.

The Fed’s Interest Rate Cut and What it Means for Your Mortgage and Future Home Projects

The Fed’s interest rate cut sparks cautious optimism in the housing market. Lower mortgage rates could make building a new home or an ADU, or undertaking a renovation, more affordable. Now is the time to start planning your dream project.

The Fed’s Interest Rate Cut and What it Means for Your Mortgage and Future Home Projects Read More »

An backyard home or accessory dwelling unit photo with YDS Architects and City of Long Beach logo

Long Beach Empowers Homeowners with Interest-Free Loans for Accessory Dwelling Units

In a groundbreaking move to address the affordable housing crisis, the City of Long Beach has launched the Backyard Builders Program. This pilot program offers up to ten homeowners the chance to secure a 30-year, zero-interest loan of up to $250,000 to construct an Accessory Dwelling Unit (ADU) on their property.

Long Beach Empowers Homeowners with Interest-Free Loans for Accessory Dwelling Units Read More »

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