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Last week, the Senate Banking Committee held a hearing about “Housing Roadblocks: Paving a New Way to Address Affordability.” Framed as an introduction to bipartisan housing legislation this year, discussion covered a range of topics impacting housing affordability and the committee heard from local officials, business leaders, and professors. There was bipartisan interest in leveraging manufactured and modular housing to address the housing shortage by changing local zoning policies, federal land usage and streamlining regulations. Reforming permitting and other land use policies at the state and local level also received bipartisan attention. MHI will continue to engage with policymakers about the benefits of manufactured housing as they work on addressing the affordable housing supply crisis.

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Manufacturer Production and Market Share Released for Fourth Quarter

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HUD and USDA Roll Back Costly Energy Code Requirement for FHA and USDA Loans

This week, the U.S. Departments of Housing and Urban Development (HUD) and Agriculture (USDA) officially rescinded a 2024 rule that required new homes built to the International Residential Code (including modular homes) to meet the 2021 International Energy Conservation Code (IECC) in order to qualify for FHA or USDA‑backed mortgage loans. Even if they fully complied with state and local building codes, new homes would be disqualified from FHA or USDA financing if they did not meet the stricter 2021 energy code.