Jim Gish is a specialist in construction and remodel projects that add Accessory Dwelling Units (ADU’s) to your property. This is the perfect time to reach out to us, as the state of California is mandating that local communities increase their available housing, and the City of Seaside here in Monterey County has responded with an amazing program.

Are you a homeowner who resides in the City of Seaside? This month marks the launch of the ADU Loan Program, offering thirty-year 0% interest deferred loans to eligible occupant homeowners to renovate, rehabilitate or construct ADU’s to rent to low-income occupants at an approved affordable rent rate.  

The city’s program is available to homeowners whose gross household income does not exceed 80% of Monterey County’s Area Median Income (AMI) adjusted by household size. The maximum loan (“Loan”) amount per Borrower is $100,000.

Applications close October 15, 2023. We can help you to apply for this loan, which requires work estimates for construction, permits, and even construction contracts. Contact us today, and we’ll send you an application packet.

Since all construction for this program must be completed by July 2024, contractor time will be in high demand. We have openings to take on your project, if you contact us soon.

Seaside’s ADU Loan Program will provide low-income homeowners with housing options for family members or tenants. Homeowner participants will receive support from the City to design, permit, construct, and rent their ADUs with a zero-interest, deferred 30-year loan with no monthly payments required. Live in Seaside but not sure this program will work for you? Seaside is waiving permit fees for all ADU construction in this city. Contact us to learn more about how you can take advantage of these city programs.