AlphaX CIO Jane Lin Speaks at IMN ADU Forum on California Policy and Opportunity

September 18, 2025

The IMN ADU Forum was held in San Diego, bringing together policymakers, developers, and industry experts to discuss the evolving landscape of accessory dwelling units (ADUs) in California. AlphaX RE Capital was once again invited to participate, with Chief Investment Officer Jane Lin joining a panel of experts to share insights drawn from the firm’s experience developing ADU projects across the state.

Industry Leaders Discuss the Future of ADUs

During the session, panelists examined key topics shaping the ADU market, including policy implementation, permitting challenges, and strategies for scaling housing production. Speakers included representatives from city governments, housing policy organizations, and private sector development firms, each offering perspectives from their respective fields.

Through case studies and practical examples, the discussion highlighted how policy reforms and industry collaboration are helping unlock new housing opportunities across California.

AlphaX Shares Practical Experience from the Field

At the forum, Jane Lin presented AlphaX’s experience delivering ADU projects across Northern and Southern California.

She first discussed how close collaboration with local governments and project teams can help expand attainable housing supply in high-demand markets. Lin also highlighted a major policy milestone following the implementation of AB 1033, which allows ADUs to be sold as separate condominium units. In San José, AlphaX partnered with the city to help complete one of the first ADU condominium conversions under the new legislation, creating a new ownership model that offers flexibility for developers, investors, and homebuyers.

Lin also shared AlphaX’s strategy around pre-approved ADU plans, a standardized design approach that allows projects to obtain approvals in advance. By aligning designs with regulatory requirements and securing early approvals, developers can significantly shorten delivery timelines and reduce development risk — an important step toward scaling ADU production.

Navigating Policy and Implementation Challenges

During the Q&A session, Lin addressed several key policy questions affecting ADU development.

She noted that SB 9, which allows up to four units on certain single-family lots, has reshaped investment strategies by opening new density opportunities in traditionally low-density neighborhoods. Meanwhile, AB 1033 enhances the market value of ADUs by enabling separate ownership and resale.

Lin also discussed the role of state agencies such as California’s Housing and Community Development Department (HCD) in ensuring that local regulations align with state housing laws. As cities update their ordinances, coordination between state policy and local implementation remains essential for accelerating housing production.

Looking Ahead

AlphaX expressed its appreciation to IMN for the invitation and the opportunity to participate in ongoing industry dialogue.

The company believes that addressing California’s housing shortage requires continued collaboration between policymakers and market participants. By combining thoughtful legislation with practical development experience, the ADU sector can play an increasingly important role in expanding housing supply while maintaining community trust.