Craft3 is the exclusive financing partner of BackHome ADU, a nonprofit dedicated to confronting the affordable housing crisis, one backyard at a time. Recognizing the shortage of affordable housing, BackHome ADU created a new comprehensive program. Through this program, homeowners in Multnomah, Washington, and Clackamas Counties can receive subsidized financing for ADU construction. Homeowners who participate in this program agree to rent their completed ADU to tenants who earn no more than 80% of area median income for at least 8 years.
Homeowners work with BackHome ADU and their approved building partners to develop a project. In addition to modular homes, BackHome ADU allows for site-built or customized ADUs if that is what your property requires. Craft3 takes care of the financing and BackHome ADU supports all other steps in the process—not only design, but also turnkey construction and delivery, as well as property management.
BackHome ADU Loans are designed to make ADU financing simple.
Borrow up to $150,000 to cover design, permitting and construction. No down payment required.
You receive a fixed, subsidized interest rate for participating in the program.
While we consider your ability to repay the loan, you don’t need perfect credit to be approved.
Make automated payments directly from your bank account.
BackHome ADU Loans are available for:
Complete their online application form. BackHome ADU will then conduct a site evaluation, schedule consultations with their builder partner, and connect you with the Craft3 ADU team.