Missing Middle Housing
House Bill 1337, Offering New Opportunities For Washington Homeowners Like You!
What This Means for You
Washington State's House Bill 1337 brings several changes specifically related to Accessory Dwelling Units (ADUs) that may offer new opportunities for homeowners like you. We are here to help you navigate these changes!
Expanded Permitting Requirements
Streamlined Approval Process
The bill aims to simplify the permitting process for ADUs, reducing bureaucratic hurdles and potentially speeding up approval times.
Unified Standards
New regulations will provide a standardized approach to ADU construction across municipalities, ensuring consistency and clarity for homeowners.
Financial Incentives
and Grants
ADU Construction Grants
Homeowners who wish to build or renovate an ADU may now be eligible for new state grants or financial assistance. These grants are intended to offset construction costs and encourage the development of affordable housing options.
Tax Credits
The bill introduces tax credits for ADU-related expenses including [details, e.g., materials, labor, or energy-efficient upgrades]. This can help reduce your overall investment in creating an ADU.
Regulatory
Changes
Zoning & Land Use
The legislation includes updates to zoning laws that facilitate the construction of ADUs, including [details, e.g., relaxed lot size requirements or increased maximum unit sizes].
Compliance Deadlines
Homeowners must ensure that any new ADUs meet updated building codes and safety standards, which are outlined in the new regulations.
Potential Benefits And Considerations
With these changes, there are several potential benefits and considerations for homeowners interested in ADUs:
Opportunity for Additional Income
An ADU can provide rental income or offer additional living space for family members, enhancing the utility of your property.
Increased Property Value
Constructing an ADU could increase the value of your home, making it a valuable investment in the long term.
Cost Savings
The new grants and tax credits can help offset the costs associated with ADU construction, making it more affordable to realize your plans.
How We Can Assist You
Our team is here to help you navigate these exciting changes:
Project Planning
We can assist in planning and designing your ADU to ensure compliance with the new regulations and to maximize your benefits from available incentives.
Permit Assistance
Our team can help you with the streamlined permitting process, ensuring that all paperwork and approvals are handled efficiently.
Financial Guidance
We offer guidance on applying for grants and tax credits, helping you secure the financial support needed for your ADU project.
Construction Support
Our team can help you effectively and efficiently manage the construction process from the ground up to a finished ADU.
Property Divestment
We have the financial ability to purchase a portion or all of your property if you would like to create a quicker realization of cash.
Resources
Missing Middle Housing Webinar House Bill (HB) 1110
Guidance for Accessory Dwelling Units in Washington State
The ABCs of ADUs A guide to Accessory Dwelling Units
GET IN TOUCH
We are committed to providing you with the expertise and support you need to take full advantage of these new opportunities.