News from EPACANDO

Expiring Soon: last month to apply for CalHome ADU loan

Expiring Soon: last month to apply for CalHome ADU loan

Last Chance! Beginning Friday, February 16, 2024, the City of East Palo Alto’s CalHome ADU/JADU Loan Program will no longer accept new homeowners onto its interest list. The low-interest $100,000 loan is offered to income-eligible households for accessory dwelling unit (ADU) construction...

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Higher City-sponsored $100K, 0 payment loans: info session

Higher City-sponsored $100K, 0 payment loans: info session

The City of East Palo Alto offers income-eligible households a $100,000 low-interest loan for accessory dwelling units (ADUs) construction costs, with no monthly payments required.  Join us for a free online information session on August 18, 2023, to learn about the new loan limits,...

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Newsletter Team Focuses on Opening of Light Tree

Newsletter Team Focuses on Opening of Light Tree

Following is a short summary: History of Light Tree Ingredients for success Community Support Technical design and management Funding required from many sources Qualifying applicants (sometimes funders set who qualifies) Read the newsletter

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HEART’s FREE First-Time Homebuyer Workshops

HEART’s FREE First-Time Homebuyer Workshops

Find out how you can buy your first home with only 5% down!  Space still available in 1-hour on-line workshops (via Zoom link) offered by HEART of San Mateo. HEART provides loans to help first-time homebuyers purchase a house or condo. More info: ...

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First Newsletter Celebrates 30 Years Work

First Newsletter Celebrates 30 Years Work

The EPACANDO board recently created an Outreach and Newsletter subcommittee to announce and celebrate all the progress we are making towards more affordable homes in EPA.   Read the newsletter . . .

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Hiring ADU/CLT Program Associate, full time

Hiring ADU/CLT Program Associate, full time

EPACANDO is expanding two programs: one to help low-income homeowners build or install accessory dwelling units (ADUs) to help meet local needs for housing, and the other to oversee and expand our community land trust (CLT).  The Program Associate will play an essential role in...

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Seeking On-Site Supervisor

Seeking On-Site Supervisor

EPACANDO owns and manages a 15-unit low-income complex located on Clarke Avenue in East Palo Alto, CA serving low-income residents. We are looking for a part time On-Site Supervisor. Job includes an apartment , small stipend, and requires on-site duties and tenant relations. See full job...

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Info session: Construction loans available for ADUs

The City of East Palo Alto'sCalHome ADU/JADU Loan [Spanish version below]  The City of East Palo Alto provides low-interest loans of up to $80,000, with no monthly payments, to help cover construction costs of second-unit projects. The loans are now available to income-eligible East Palo...

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Celebration! Innovative ADU Project #1 financed, built, rented

Celebration! Innovative ADU Project #1 financed, built, rented

This project was the first to be completed using pilot versions of financial instruments which may help low-income homeowners of color finance an ADU in their backyard: a revolving construction loan fund, and a backyard lease model.[More…  below the 90-second video]  Background: ADUs -...

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Planning for ADU’s eased by loans

Planning for ADU’s eased by loans

CalHome enables the City to provide loans of up to $80,000 for ADU/JADU creation to households at or below 80% of the Area Median Income (AMI). CalHome ADU/JADU Loan Description: The City of East Palo Alto and EPACANDO received a $2 Million CalHome award from the Department of Housing...

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