Tag: supply act
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Unlocking Backyard Potential: The SUPPLY Act and the Future of ADU Financing
What’s the SUPPLY Act? On July 18, 2025, Representatives Sam Liccardo (D‑CA) and Andrew Garbarino (R‑NY) introduced the Supporting Upgraded Property Projects and Lending for Yards (SUPPLY) Act (H.R. 4568). The bipartisan legislation aims to empower homeowners to build accessory dwelling units (ADUs)—such as backyard cottages, in-law suites, or garage apartments—by offering a government-backed second mortgage…