TO LEARN MORE ABOUT THE CITY'S ADU GUIDE AND UPDATED ADU ORDINANCE, CLICK HERE.
ADU LOAN PROGRAM
***DETAILS SUBJECT TO CHANGE***
Questions? Contact us at ADULoan@ci.seaside.ca.us or by phone at 408-908-0416.
The City of Seaside is launching its ADU Loan Program, offering thirty-year 0% interest deferred loans to eligible occupant homeowners to renovate, rehabilitate or construct Accessory Dwelling Units (ADUs).
The ADUs constructed as a result of this program will be rented to low-income occupants at an approved affordable rate.
The ADU Loan 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 amount per borrower (household) is $100,000.
•Pre-Approved ADU Plans (Coming Soon)
•Applications close Fall 2023
•Construction must be completed by July 2024
CLICK THE LINK BELOW PROGRAM DETAILS, INCOME LIMITS, AND MAXIMUM RENTAL RATES: