Building an ADU generates revenue for homeowners and helps provide the small homes our region needs. Our region has a serious shortage of small, year-round rentals. There are lots of people with great jobs that need a place to rent. And there are lots of homeowners who have a property that is larger than they need or want. That’s why Housing Assistance is launching the My Home Plus One ADU program to provide technical assistance, resources, and financial incentives to homeowners who build an ADU and rent it out year-round.
Housing Assistance created the program to address obstacles to ADU creation identified in our research of recent updated town bylaws intended to make ADU construction easier, successful marketing of ADU opportunities in some cases, and challenges to encouraging homeowners to invest in an ADU and become a landlord for the first time. Our findings are summarized in the report, Accessory Dwelling Units: Unlocking the Potential of Cape Cod’s Single-Family Home Inventory.