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Legislation passed!! New things you can do to monetize your ADU and real estate

Writer's picture: Meredith MungerMeredith Munger

Great news! The Governor just signed 56 housing laws - including the ability to SELL an ADU! Also, you can subdivide a 5 acre parcel up to 10 parcels ministerially within 60 days! ANY ADU plan may be re-used an expedited for other property and the State is creating a database of existing plans to choose from. Parking is not required if there is underutilized parking nearby No more CEQA lawsuits to prevent housing based on "pollution" including noise pollution.


Finally, the CA Dept. of Housing and Community Development has the power to ENFORCE the housing laws on local governments who are dragging their feet!



Book time on my calendar at https://calendly.com/TeamMeredith if you'd like to talk strategy.

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Green octopus, LLC
Meredith Munger
Loan Officer
NMLS 2126086

This site is for educational purposes only and does not mean you have a commitment to lend! If you want an actual estimate and commitment to lend, we need to speak with you and receive a loan application. Otherwise, all this is just a guess at what financing might work for your personal situation.

 
 
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