On Monday, August 5th, New York City Mayor Eric Adams announced a series of new tools aimed at helping homeowners create accessory dwelling units (ADUs) to address the city’s housing crisis and build generational wealth.
The initiative includes a $4 million grant to support an ADU pilot program and a new one-stop-shop online portal to streamline the process for homeowners interested in adding ADUs. These secondary independent units, such as backyard cottages and basement apartments with separate entrances, offer a proven solution to the city’s affordable housing shortage.
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