PLUS ONE ADU
ACCESSORY DWELLING UNIT PROGRAM
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TAP, Inc. is helping single family homeowners develop an Accessory Dwelling Unit (ADU) on their property through the NYSHCR's Plus One ADU Program. Homeowners may receive a grant of up to $125,000 for development and construction costs of an ADU.
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DISCLAIMER: Up to 10% of the grant will be spent on TAP administration and optional in-house design fees
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What is an ADU?
An ADU, or accessory dwelling unit, is a secondary residence on the same lot as a primary dwelling with features that allow a complete habitable space that allows for sleeping, cooking, and sanitation.
Where on my property?
ADUs can exist on your property as a(n):
DETACHED UNIT
ATTACHED UNIT
GARAGE/CARRIAGE HOUSE CONVERSION
DISCLAIMER: ADUs can come in different shapes and sizes than the examples above
Who qualifies?
Homeowners whose primary household resides within Troy, NY.
Households with incomes at or below 120% of the area median income (see chart below).
Homeowners whose primary residence is a single family home of 1-4 units.
ADUs that will have a year-round tenant, who may also be a family member, and will not be used for short-term or vacation rentals.
Program Features
Homeowners who are deemed eligible may receive
assistance with:
Design and permitting
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Project budgeting
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Site plan approvals
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Contractor selection & scoping
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Construction oversight
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Post-construction monitoring
Household Income Limits
The combined income of all household members in the primary residence should not exceed these limits:
Income Limits ($) by Household Size (# of people)
1​
97,560
2​
111,480
3​
125,400
4​
139,320
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5​
150,480
6​
161,640
7​
172,800
8​
183,960
Financial Incentives
PROPERTY TAX EXEMPTION
Homeowners receive a partial exemption from real property taxation of the ADU's assessed value.
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This exemption be applied to 100% of the assessed value, decreasing 12.5% every year until the exemption is no longer applied to any of the value:
Year
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1
2
3
4
5
6
7
8
Exemption Percentage
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100%
87.5%
75%
62.5%
50%
37.5%
25%
12.5%