What financing options are available for ADU construction in Westminster?

Westminster ADU Construction provides financing through home equity loans, ADU grants, and low-interest ADU loan programs.

What is the California ADU Grant Program?

The CalHFA ADU Grant Program provides eligible homeowners with up to $40,000 to cover pre-development costs such as site prep, permits, and design fees.

How does the Affordable ADU Loan Program work?

Homeowners can receive up to $100,000 in low-interest loans for ADU construction. Payments may be deferred for up to 20 years, with some loan forgiveness available.

Can I use a home equity loan to build an ADU?

Yes, home equity loans and lines of credit (HELOCs) allow homeowners to borrow against the equity in their home to finance ADU construction.

Are there tax benefits to ADU financing?

Some ADU financing options, such as home equity loans, may have tax-deductible interest payments. Consult a tax advisor for more details.

Westminster ADU Construction Financing

Westminster ADU Construction

Affordable Financing Options for ADUs in Westminster

The California Housing Finance Agency (CalHFA) has offered an ADU Grant Program that provides eligible homeowners with up to $40,000 to help cover ADU project costs.
This grant is designed to reimburse pre-development and non-recurring closing
costs associated with ADU construction, including:

Site preparation
Architectural designs
Permits Soil tests
Impact fees
Property surveys
Energy reports

While the latest round of funding has been fully allocated, this program demonstrates California's commitment to supporting ADU development

westminster ADU Grant Programs

California Grant Programs for ADU Financing

Although not specific to Westminster, Orange County offers an Affordable ADU Loan Program that may be available to Westminster residents. This program provides:

Up to $100,000 low-interest loan
$5,000 forgivable loan for mobility-accessible ADUs (limited quantity available)
$4,500 forgivable loan for leasing assistance
Daily forgiveness of loan principal with eligible tenant
Deferred payment up to 20 years

This program aims to generate new ADUs that are affordable to build and rent, offering discounted capital loans and leasing support to homeowners.

westminster ADU Construction

Westminster ADU Construction Resources and Support

Affordable financing for ADU construction in Anaheim

Express program

Westminster ADU Construction Process

Westminster has a combined process overview:

Design the ADU
Pre-screen with authorities
Prepare construction plans
Review of plans and approval

Financing solutions for ADU construction in Westminster

westminster ADU financing

ADU Financing Options

Financing an ADU can be challenging, but there are options available:

Home Equity Loans
Personal Loans
Government Grants and Programs

Homeowner planning ADU financing in Westminster.

westminster ADU contractors

Local ADU Builders and Contractors

Choose a construction company/contractor with experience in backyard ADU design and familiarity with the permit process in Westminster. Keep in mind other services needed will include plumbing, electrical and site planning.

Schedule a Consultation

Sources: Westminster California ADU and JADU Guide: https://www.westminster-ca.gov/home/showpublisheddocument/4114/637689600217500000

Westminster City website: https://www.westminster-ca.gov/departments/community-development/planning-division/accessory-dwelling-units
https://www.westminster-ca.gov/departments/community-development/planning-division/fees
ADUNewswire ADU Friendly Requirements - https://www.adunewswire.com/p/westminster-adu-friendly-requirements
Disclaimer: The information provide is for general informational purposes only and should not be relied upon as a substitute for consulting the official Municipal Code or seeking guidance from your local Community and Economic Development Department.

Get a Quote!