"Removing Chassis Requirement Could Boost Affordable Housing"

1 min read
Source: Fortune
"Removing Chassis Requirement Could Boost Affordable Housing"
Photo: Fortune
TL;DR

Amending the 1974 National Manufactured Housing Construction and Safety Standards Act to remove the requirement for manufactured homes to be built on a permanent chassis could save homebuyers $175,000 and increase the availability of affordable housing, according to economists Lee Ohanian and James Schmitz. This change would make manufactured homes more attractive, safer, and easier to finance, potentially transforming homeownership for millions of Americans.

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