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 and Community Development (HCD) for updating or creating Accessory Dwelling Units (ADU’s).
In exchange, households agree to rent the ADU/JADU to an income-qualified household for the life of the CalHome ADU/JADU loan.
Check out the (English] Summary on EPACANDO’s website; Spanish summary follows..