Tag

Adu

All articles tagged with #adu

lifestyle2 years ago

Affordable and Sustainable Tiny Homes: Latest Offerings from Home Depot.

Home Depot is selling a 540 square-feet "Getaway Pad" tiny home frame for $43,832, but it will cost more to complete the design with windows, doors, and other finishings. The steel frame is resistant to termites, mold, rodents, and bugs, and can withstand inclement weather conditions. As tiny homes and accessory dwelling units gain popularity as an affordable alternative to traditional housing, Home Depot's offering may be of interest to those looking for a sleek and modern design.

housing2 years ago

New ADU financing options on the horizon

The Federal Housing Administration has proposed changes to its guidelines that could make it easier to buy a house with an accessory dwelling unit (ADU) or to build one. The proposal would allow lenders to offer renovation loans to build ADUs and consider future rent from the unit when calculating how much a customer can afford to borrow. The proposal would address one of the main barriers that people with little home equity and low to moderate incomes encounter when they try to get a loan for an ADU.