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What is an Accessory Dwelling Unit (ADU) and how does AB 1033 affect them?
January 06,2024 | Posted By Gary Macrides in Financial
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So What is an ADU And What is AB 1033?
AB 1033, also known as the
Accessory Dwelling Unit (ADU) Reform Act of 2023
,
is designed to streamline the process of building and permitting ADUs by implementing the following key changes:
So What Does AB 1033 Mean for You?
AB 1033 is a game-changer for California's real estate market, with the following benefits:
Increased Supply of Affordable Housing
Reduced Traffic Congestion
Seniors Can Age in Place
AB 1033 was signed into law by the Governor on October 11, 2023, and took effect on January 1, 2024.
If you want to learn more about how AB 1033 can benefit you, please don't hesitate to contact me.
I'm here to help you navigate this exciting opportunity in the California real estate market.
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