City Of Foster City - CA
Foster City Affordable ADU Loan Program The City of Foster City is requesting proposals from qualified firms interested in administering and delivering the Citys Below Market Rate ( BMR) Accessory Dwelling Unit ( ADU) Loan Program known as the Affordable ADU Program ( Program). Through this program, eligible homeowners can access interest- free financing in exchange for renting their ADUs to low- income households for ten years. The Citys goal is to help build eight ( 8) deed- restricted ADUs that support t
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