What's Hot: Nearly $1 Million An Acre: Pricey Land Sale Near Dan Snyder's Alexandria Home Closes Out 2025
A New Bill Would Make It Easier To Finance Tiny Homes
✉️ Want to forward this article? Click here.
Legislation proposed last week aims to make it easier to finance accessory dwelling units (ADUs).
On Friday, Rep. Sam Liccardo (D-CA) and Rep. Andrew Garbarino (R-NY) introduced the Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act. The bill aims to expand access to financing for ADUs, also known as granny flats or in-law suites.
Specifically, the bill would create a government-backed loan program to finance the construction of tiny homes on the same lots as primary residences. It would allow FHA insurance on second loans for for these property types, as well as permit lenders to consider future rental income and the post-construction property value during underwriting.
"By allowing HUD to insure second mortgages for homeowners seeking to finance ADU construction, this bill will ensure that property owners have access to ADU financing, which will ease housing shortages and improve affordability," said Buddy Hughes, chairman of the National Association Of Home Builders.
See other articles related to: accessory dwelling units, adu
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/a_new_bill_would_make_it_easier_to_finance_tiny_homes/23706.
Most Popular... This Week • Last 30 Days • Ever

Today, UrbanTurf offers a brief explanation of what it means to lock in an interest r... read »

The 30,000 square-foot home along the Potomac River sold at auction on Thursday night... read »

An application extending approval of Friendship Center, a 310-unit development along ... read »

A key approval could be coming for a proposal to convert a Georgetown office building... read »

Capital Bikeshare breaks a record; Trump potentially legalizes weed sales in DC; and ... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro










