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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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April 16, 2024

Clayton Breaks Ground on New Neighborhood of 31 Modern Manufactured Homes in Daviess County, Kentucky

As we embark upon 2024, MHI would like to celebrate some of the manufactured home industry’s advocacy highlights from 2023 that we will build upon in the year ahead.

April 11, 2024

MHI Announces 2024 Excellence in Manufactured Housing Award Winners

MHI announced the 2024 Excellence in Manufactured Housing Award recipients last week during the MHI Congress & Expo in Las Vegas. The annual awards program honors MHI members in the manufactured and modular home industry who provide outstanding products, customer service, creative solutions, and state-of-the-art homes

April 5, 2024

Manufacturer of the Year Winner – Three Plants or Less – Oak Creek Homes

MHI announced the 2024 Excellence in Manufactured Housing Award recipients last week during the MHI Congress & Expo in Las Vegas. The annual awards program honors MHI members in the manufactured and modular home industry who provide outstanding products, customer service, creative solutions, and state-of-the-art homes

April 25, 2024

Unfair Unionization Practices Targeted in House Bill

MHI and a coalition of business organizations asked Congress to pass H.R. 7784, the Start Applying Labor Transparency (SALT) Act, which was introduced by Rep. Owens (UT-R) on March 21

Final Floodplain Rule Disregards Industry Recommendations

The Department of Housing and Urban Development’s (HUD) Office of Environment and Energy (OEE) published a final rule revising HUD’s regulations governing floodplain management.

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.