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Following the release of the Department of Housing and HUD’s FY 24 Low-Income Housing Tax Credit (LIHTC) Income Limits determinations on April 1, MHI joined a coalition of housing trade associations objecting to the updates. The changes can decrease the number of tenants who qualify for LIHTC-funded and other federally-supported housing. While the change in the income limit calculation is not rent regulation in the traditional sense, it limits the ability of LIHTC housing providers to recover costs through rent in a high-cost environment – which many see as a distinction without a difference. Research has shown that rent caps create economic and racial inequality in communities, limit the supply of affordable housing and exacerbate the very problem it purports to solve by causing rents to increase. At a time when affordable housing is a pressing need across the country, limiting the effectiveness of LIHTC could damage the nation’s most successful program to create affordable housing.

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July 10, 2024

Innovative Housing Showcase Duplex Model Homes

Sam Landy, President and CEO of UMH Properties, Inc., Bill Boor, CEO of Cavco Industries, Inc., and Merrill Ross, Analyst at Compass Point, discuss the new duplex models shown at the Innovative Housing Showcase on the National Mall in Washington, DC in this video from UMH Properties, Inc.

July 2, 2024

2024 Woman of Influence: Lesli Gooch

For the third year in a row, Manufactured Housing Institute CEO Dr. Lesli Gooch was named to HousingWire’s Woman of Influence list. The Women of Influence program recognizes the efforts of 100 women in driving the housing economy forward.

June 20, 2024

Innovative Housing Showcase Recap

During the recent Innovative Housing Showcase, more than 5,000 people visited the two HUD Code manufactured home duplexes on display. 

July 10, 2024

Innovative Housing Showcase Duplex Model Homes

Sam Landy, President and CEO of UMH Properties, Inc., Bill Boor, CEO of Cavco Industries, Inc., and Merrill Ross, Analyst at Compass Point, discuss the new duplex models shown at the Innovative Housing Showcase on the National Mall in Washington, DC in this video from UMH Properties, Inc.

July 3, 2024

Supreme Court Ruling Deals Blow to Bureaucratic Overreach

In a landmark decision on Friday, the Supreme Court overturned Chevron v Natural Resources Defense Council. Under Chevron, if a law granting a federal agency the power to enact regulations is later determined to be ambiguous, then courts would defer to the federal agency’s interpretation of the law when the federal agency’s regulations are reasonable. Thus, courts were required to defer to federal agencies when interpreting certain regulations.

Paula Reeves Appointed to New FHFA Advisory Committee

On Thursday, the Federal Housing Finance Agency (FHFA) announced the 20 inaugural members of its Advisory Committee on Affordable, Equitable, and Sustainable Housing. Ensuring manufactured housing’s seat at the table and voice in the conversation is Paula Reeves, President of the Affordable Housing Division of Land Home Financial.