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Mayor Mamdani Reopens $395K ADU Financing — What NYC Homeowners Need to Know

The Plus One ADU financing program is back after a two-year pause, offering up to $395,000 in grants and forgivable loans. Here is everything NYC homeowners need to know about eligibility, the 11 pre-approved plans, costs, and the June 12, 2026 application deadline.

By NYCADU TeamMarch 22, 2026

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