Less than a year after a new state law went into effect legalizing accessory dwelling unit construction on most lots statewide, 550 new ADUs have been approved, according to new data compiled by the state Executive Office of Housing and Livable Communities
Greylock Federal Credit Union has launched a new loan product for financing homeowners who want to add accessory dwelling units.
This story has been removed from Banker & Tradesman’s website.
If this crop of state legislators can’t move ADU legalization forward, can we really trust them to take the more substantive actions still needed to move the needle on our housing supply crisis?
A measure legalizing accessory dwelling units in many single-family homes statewide has made it over a significant hurdle in the state Senate, potentially setting a new housing advocacy group up for one of its first major statewide wins.
Some Boston-area communities are loosening the red tape that prevents homeowners from adding in-law-style apartments and small accessory dwellings, tapping into an overlooked housing affordability strategy.
The existing square footage in Boston’s owner-occupied homes provides tremendous untapped potential for addressing key housing policy issues. Boston is now unlocking that potential with the implementation of the new 18-month Additional Dwelling Unit Pilot Program.
