If you want a source of passive income and to do a community service at the same time, a rare opportunity to be sure, there’s no better option than constructing an ADU (accessory dwelling unit) on your property. This is Honolulu’s best answer to the increasingly pressing crunch for affordable housing and while there are […]
The accessory dwelling units (ADU) is an increasingly popular idea which benefits homeowners, tenants and local governments alike. On Oahu, ADUs provide much-needed affordable housing. Hawaii Life reported on September 14, 2015, signing of Bill 20 by Honolulu Mayor Kirk Caldwell. By mid-January of 2016, there were already 29 ADU applications pending. Since then, interest in ADUs continues to surge, in […]
Honolulu’s mayor signed a provision for accessory dwelling units (ADUs) in September 2015. Now, qualifying owners of freestanding, single-family homes have a new way to generate revenue – by renting a secondary residence situated on their property. ADU’s are a response to the Mayor’s Affordable Housing Strategy, developed in response to the shortage of inexpensive rental […]