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Expanding Innovative Strategies to Finance Accessory Dwelling Units (ADUs) in California’s Central Valley
May 17, 2023 @ 10:30 am – 12:00 pm PDT
ADUs are a growing strategy for expanding the supply of housing in California. Unfortunately new financing vehicles have not grown to meet increased demands, limiting the total increase in ADUs developed. Without new credit products tailored for various ADU scenarios, fewer ADUs will be developed to meet the Valley’s affordable housing needs.
The Federal Reserve Bank of San Francisco, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are convening Expanding Innovative Strategies to Finance Accessory Dwelling Units (ADUs) in California’s Central Valley, a webinar that will
- Highlight new innovative finance strategies
- Discuss ADU financing barriers
- Present opportunities to expand financing vehicles to help homeowners develop ADUs
- Connect participants to stakeholders throughout the Valley to foster CRA partnerships to expand scalable affordable housing strategies
This virtual event is tailored for community stakeholders such as CDFIs, housing developers, affordable housing organizations, philanthropy, financial institutions (CFOs, lending officers, CRA officers, community development managers/directors), and government agencies engaged in the development of affordable housing.
Presented by
This event is hosted by the Federal Reserve Bank of San Francisco, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency.