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CHAB updates: ADU loan program pending; nine down-payment assistance approvals so far in 2026

Community Housing Advisory Board (CHAB) · May 27, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

CHAB recorded updates that the ADU Construction Assistance loan program launch is pending and the First-Time Home Buyer Down Payment Assistance Program has approved nine applications so far in 2026; the board also discussed establishing a framework for home-ownership recapture and reviewed current financials.

The Community Housing Advisory Board on May 27, 2026 received updates on several existing programs and reviewed current financials.

Minutes state the ADU Construction Assistance loan program launch is pending. The First-Time Home Buyer Down Payment Assistance Program has approved nine applications so far in 2026, according to the minutes. Under new business, the board discussed establishing a model or framework for CHAB approval of home-ownership program house recapture and repurchase; members agreed more discussion is needed and the matter will be continued at an upcoming meeting.

The minutes record a review of current financials, but the excerpt provided does not list specific account balances or budget lines.