Federal loan guarantees for homeowners adding accessory dwelling units

Liccardo proposes a federal loan-guarantee program to help homeowners obtain financing to build accessory dwelling units (ADUs), or backyard homes. Modeled on Fannie Mae and Freddie Mac’s guarantees for pools of mortgage loans, the program would reduce lenders’ risk and expand access to loans for homeowners who may lack enough home equity. Cities and towns could choose whether to participate; the proposal is aimed at modest-income homeowners.

Context: Liccardo suggests federally backed loans might be limited to homeowners who rent the unit for a minimum period, such as five years, at a restricted affordable rent; he does not make that a firm program condition.

In their own words

Congress can establish a similar loan guarantee program for homeowners who want to add a backyard home

The source

Housing Affordability — samliccardo.com

Published: Original date not established; campaign context manually checked
Retrieved: 11/12/2026