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High mortgage rates, lack of supply and elevated prices of homes have made the dream of owning a house for a lot of first-time buyers out of reach. But some experts suggest that one option that could help ameliorate the challenge of affordability in the housing market—manufactured homes, which cost $129,000 on average.

Read the full article on Newsweek.com.

 

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The U.S. Department of Housing and Urban Development (HUD) announced that Teresa Payne will be the new Deputy Assistant Secretary for Manufactured Housing, a position created after HUD made the Office of Manufactured Housing Programs (OMHP) an independent office reporting directly to the Assistant Secretary for Housing and Federal Housing Commissioner in June.

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HUD Announces Extensive Update to HUD Code

The Manufactured Housing Institute (MHI) commends the U.S. Department of Housing and Urban Development (HUD) for its long-awaited amendments to the Federal Manufactured Home Construction and Safety Standards (HUD Code).

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January 10, 2025

MHI News & Updates January 9, 2025

Headlines from MHI News & Updates January 9, 2025;

2025 Winter Meeting;
Rural Housing Loans for Manufactured Housing Available Across the Country;
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Meet MHI’s Experts at Louisville Show;
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December 18, 2024

U.S. Consumers Show Growing Optimism about Financial Future

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