Are you a homeowner in Windsor looking to maximize your property’s potential and boost its value? The City of Windsor has recently enhanced its Accessory Dwelling Unit (ADU) Grant Program, offering unprecedented financial support for constructing ADUs. With grants now reaching up to $80,000, there’s never been a better time to consider adding an ADU to your property. In this blog post, we’ll dive into the details of the ADU grant program and show you how Lightstone Homes can help you capitalize on this incredible opportunity.
What is the ADU Grant Program?
The Accessory Dwelling Unit Program is a city initiative designed to increase the housing supply by encouraging homeowners to construct additional dwelling units on their properties. On August 26, 2024, the Windsor City Council approved significant amendments to the program through By-law 2024-103, effectively increasing the grant values and making it more accessible for property owners.
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Key Highlights of the Revised ADU Grant Program
Increased Grant Values:
- Interior ADUs: Up to 70% of project costs, with a maximum grant of $40,000.
- Exterior ADUs: Up to 70% of project costs, with a maximum grant of $80,000.
Multiple Applications Allowed:
- Property owners can now submit more than one ADU application per property.
- The cumulative grant value cannot exceed $80,000 per property.
Extended Application Window:
- Applicants must submit a complete ADU application within 90 days of Building Permit issuance.
Why Build an ADU Now?
- Maximize Property Value: Adding an ADU can significantly increase your property’s market value.
- Generate Rental Income: An ADU provides an additional rental unit, creating a steady income stream.
- Address Housing Shortage: By adding to the housing supply, you contribute to alleviating the local housing crisis.
- Take Advantage of Enhanced Funding: With increased grant amounts, a substantial portion of your construction costs can be covered.
Eligibility Criteria
To qualify for the ADU grant:
- Property Location: Must be within the City of Windsor.
- Ownership: Applicants must be the registered property owners.
- Compliance: Projects must meet all zoning and building regulations.
- Application Timing: Submit a complete ADU application within 90 days of receiving your Building Permit.
How to Apply for the ADU Grant
- Consult with Lightstone Homes:
- Schedule a free consultation to discuss your ADU project.
- We’ll help assess your eligibility and project feasibility.
- Design and Planning: Our team will create custom designs that meet your needs and comply with local regulations.
- Obtain Building Permits:
- We’ll assist you in preparing and submitting all necessary documentation.
- Submit ADU Grant Application:
- Apply within 90 days of Building Permit issuance.
- Include all required forms and project details.
- Construction:
- Once approved, Lightstone Homes will commence the order, delivery, and assembly process.
- Consult with Lightstone Homes:
Why Choose Lightstone Homes for Your ADU Project?
At Lightstone Homes, we specialize in designing and constructing high-quality interior and exterior accessory dwelling units in Windsor. Our comprehensive services include:
- Expert Consultation: Guidance through every step of the ADU grant application and construction process.
- Customized Designs: Tailored solutions that fit your property’s unique characteristics.
- Regulatory Compliance: Ensuring all projects meet city codes and regulations.
- Transparent Communication: Keeping you informed and involved throughout the project.
Take the Next Step
Ready to unlock up to $80,000 in grants and elevate your property’s potential? Contact Lightstone Homes today for a free consultation. Let’s work together to make your ADU vision a reality.
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