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Updated 10 months ago,

User Stats

4
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0
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Correy Cooper
0
Votes |
4
Posts

ADU Bonus for Affordable ADUs.

Correy Cooper
Posted

Has anyone built an affordable ADU? I'm considering building a few on a large piece of land near a local college in San Diego. I'm wondering if I would be able to rent them to college students and what exact amount I can charge for monthly rent? Below is some information from the city's website. Any help is greatly appreciated.

Thanks,

Correy 

Rental ADUs

For-Sale ADUs1

shall be affordable, including an allowance for utilities, at a rent that does not exceed:

page7image1617394608

shall be affordable at an affordable housing cost that does not exceed:

page7image1617403408

Very Low Incomehouseholds

30 percent of 50 percent of the area median income, as adjusted for family size appropriate for the unit.

30 percent of 50 percent of the area median income, as adjusted for family size appropriate for the unit.

Low Income

households

page7image1617434064

30 percent of 60 percent of the area median income, as adjusted for family size appropriate for the unit.

page7image1617445680

30 percent of 70 percent of the area median income, as adjusted for family size appropriate for the unit.

Moderate Incomehouseholds

30 percent of 110 percent of the area median income, as adjusted for family size appropriate for the unit.

35 percent of 110 percent of the area median income, as adjusted for family size appropriate for the unit.

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