Tiny Homes and Big Money: Options for the City of Oakland, California to Support the Construction of Additional Accessory Dwelling Units
Abstract/Contents
- Abstract
- This paper explores options for the City of Oakland, California to help its residents finance the construction of Accessory Dwelling Units (ADUs) as a means to boost the supply of affordable housing. This paper finds that private finance options are limited for homeowners with limited incomes and home equity. The Department of Housing and Urban Development’s Section 108 loan program, combined with local funding sources, are the most readily accessible options for Oakland to support ADU construction. More innovative options, such as real estate crowdfunding and ADUs-as-a-service, may one day provide viable alternatives for Oakland to encourage ADU construction.
Description
| Type of resource | text |
|---|---|
| Date created | May 25, 2018 |
Creators/Contributors
| Author | Smith, Caleb |
|---|---|
| Primary advisor | Cain, Bruce |
| Degree granting institution | Stanford University, Public Policy Program |
Subjects
| Subject | Stanford University |
|---|---|
| Subject | Humanities and Sciences |
| Subject | Public Policy Program |
| Subject | Accessory Dwelling Unit |
| Subject | In-law unit |
| Subject | ADU |
| Subject | laneway house |
| Subject | granny flat |
| Subject | ADU finance |
| Subject | municipal finance |
| Subject | affordable housing finance |
| Subject | Oakland |
| Subject | Bay Area housing crisis |
| Subject | Section 108 loan |
| Subject | real estate crowdfunding |
| Subject | ADUs-as-a-service |
| Subject | real estate innovation |
| Subject | revolving fund |
| Subject | secondary unit. |
| Genre | Thesis |
Bibliographic information
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- License
- This work is licensed under a Creative Commons Attribution 3.0 Unported license (CC BY).
Collection
Stanford University, Public Policy Program, Masters Theses and Practicum Projects
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- Contact
- calebsmithoakland@gmail.com
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