MHI Calls on HUD to Include Manufactured Home Communities in Loan Program

On Friday, MHI advocated for the clear inclusion of for-profit manufactured home community owners in comments to the Department of Housing and Urban Development (HUD) on their draft of a Mortgagee Letter that would launch the Manufactured Home Community Program (MHC Program), to allow refinance and purchase transactions under Section 223(f) for eligible borrowers.

Additionally, MHI called on HUD to clarify that both rental-only and hybrid rental-ownership manufactured home communities are eligible for loans under the program. MHI will continue to advocate that government programs to support manufactured housing communities are available to all ownership types.