The City of Los Angeles wants to ensure all Angelenos have affordable, safe and decent housing. To keep our city inclusive and help create a healthy and stable future for all, we started the LA ADU Accelerator Program.
The LA ADU Accelerator Program pairs older adults — who are at risk of lacking shelter as a result of rising housing costs — with homeowners willing to provide a stable home by offering their accessory dwelling units (ADUs) as affordable rentals. In exchange, homeowners receive benefits such as referrals for qualified tenants, landlord support, and reliable rental income.
This three-year pilot program is operated by the City of Los Angeles and has been made possible by a grant from Bloomberg Philanthropies and a financial match from the City of Los Angeles.
The LA ADU Accelerator Program was created as a part of the solution to Los Angeles’s affordable housing shortage — to leverage existing housing stock and help older adults facing housing insecurity.
Over the next three years, by partnering with homeowners to house low-income older adults, the LA ADU Accelerator Program will lay the foundation for a long-term affordable housing strategy, and has the potential to scale. The program will also show homeowners that they can be pioneers in combating the housing crisis in Los Angeles, setting an example for cities across the state.
Made Possible by the Bloomberg Philanthropies Mayors Challenge
Bloomberg Philanthropies designed the Mayors Challenge to incentivize local leaders to think creatively, test new approaches, and identify groundbreaking innovations to solve their most urgent problems. Los Angeles was one of eight cities to win the 2018 U.S. Mayors Challenge grant for its innovative approach to alleviating its housing crisis. With the $1 million grant and matching funds from the City, we launched the LA ADU Accelerator Pilot Program.