At No Up Front Cost To You In Los Angeles County
Written By Janet Thome
United Dwelling- Housing Innovation Challenge Winner- partners with homeowners to transform their garage into an affordable, high-quality home at no cost to you. You’ll receive additional income from monthly rent and an overall increase in your property value. With 236,000 detached two-car garages in LA County, the vision is to convert 3,000 garages to ADUs by 2022.
Winner Of The Los Angeles County Housing Challenge
From among 53 proposals evaluated by a panel of experts, United Dwelling was awarded $1,000,000 for our innovative idea to address the affordable housing crisis.
United Dwelling will use 100% of the award money to offer housing for tenants with lower paying service-oriented careers in fields like public education, healthcare, and social work. They will achieve this by increasing payments to homeowners up to $500 per month if they accept a tenant with a housing voucher in select neighborhoods.
The New Face A Homelessness
The new face of homelessness are fully employed families and individuals that cannot afford to put a roof over their head. United Dwelling is looking to help the working poor.
How United Dwelling Works
- Homeowners sign an agreement to lease their garage and receive a portion of the rent United
- United Dwelling obtains all permits
- Manages the remodeling process
- They pay for the conversion
- They find a vetted tenant
- Handle all property management
- No upfront cost, No Hassle
- Licensed contractor, Modative Build Inc.
- Reliable source of income
- Increase your property value from $140,000 to $ 200,000
- Strengthen your community and be a part of the solution
What Is An ADU?
New California state laws allow homeowners to convert their garage or build a new rental home known as an Accessory Dwelling Unit (ADU). By transforming your backyard into additional housing, you’re helping making a profound and positive change to your community with the benefits of increasing your property value and building long term equity through rental income.
Governor Gavin Newsom Signs 18 Bills to Boost Housing Production October 9th, 2019
The construction of accessory dwelling units (ADUs) can also help cities meet their housing goals and increase the state’s affordable housing supply. The Governor signed the following bills to eliminate barriers to building ADUs:
- AB 68 by Assembly member Philip Ting (D-San Francisco) makes major changes to facilitate the development of more ADUs and address barriers to building. The bill reduces barriers to ADU approval and construction, which will increase production of these low-cost, energy-efficient units and add to California’s affordable housing supply
- AB 881 by Assembly member Richard Bloom (D-Santa Monica) removes impediments to ADU construction by restricting local jurisdictions’ permitting criteria, clarifying that ADUs must receive streamlined approval if constructed in existing garages, and eliminating local agencies’ ability to require owner-occupancy for five years.
Founder And CEO
Steven Dietz, previously co-founded Upfront Ventures and spent 30 years as a leading VC investor in Southern California financing and counseling some of the best entrepreneurial talent in the country. Mr. Dietz and his team team funded over 220 start-ups that now employ more than 530,000 people in the US, including 30,000 in LA County alone. Of those 220 companies multiple have become household names including Costco, Starbucks, Petsmart, Ulta Beauty, Bird, Mitu and Office Depot. Many of these companies rank among the most socially conscious and best places to work in the US.
Call For A Free Consultation 310 853 5936