REMARKS
Technical assistance and application process for the ADU program
0:32:32
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72 sec
Stephen Erdman, Assistant Commissioner for Homeownership Opportunities & Preservation at HPD, explains the technical assistance and application process for the ADU program. He emphasizes that the program provides more than just financial resources.
- The program works with nonprofit partners to help homeowners navigate the process and code requirements
- Technical assistance includes overseeing construction and the predevelopment process
- Training is provided for small landlords
- Out of 2,100 households expressing interest, a subset is currently working on applications
- The program is hoping to reach its first loan closings soon
- Current funding is available for about 35 households
Stephen Erdman
0:32:32
Thank thank you, Kim.
0:32:34
So as mentioned, the city and the state both provide financial resources to homeowners to construct the ADUs.
0:32:41
But as we've mentioned in the testimony and already in the q and a, it's not just about financial resources.
0:32:45
There's also technical assistance that's needed to navigate, the process, the code requirements.
0:32:51
So we do work with, nonprofit partners, who help the homeowners who participate in overseeing the construction, of the ADU, the predevelopment process.
0:33:03
They also provide training a small landlord.
0:33:07
There's a lot of assistance that, is provided as part of the program.
0:33:15
We already mentioned that we had about 20 100 28100 households express interest.
0:33:22
We're working with, a subset of those households on applications right now, And we're, you know, working on some active applications, and hoping to get, to the first loan closings, you know, soon.
0:33:38
And we have funding for about 35 households, as part of the current program.
