Tag

Manufactured Homes

All articles tagged with #manufactured homes

economy1 month ago•321 min saved

Housing-supply bill could ease affordability, but relief appears years away as rates hover near 6.5%

Mortgage rates sit around 6.49% for a 30-year fixed, while existing-home sales fell 2.4% in June. A bipartisan bill—the 21st Century Road to Housing Act—aims to boost supply by easing manufactured housing and funding repairs, and is set to become law automatically unless vetoed. Analysts say any meaningful relief in prices or availability will take time, though forecasts suggest rates could drift toward about 6.3% by late 2026, with prices remaining high in the near term.

via CNN|

#economy #existing-home-sales #housing-affordability

politics3 months ago•314 min saved

House moves ahead on sweeping housing bill, softening investor ban

The House approved a bipartisan housing affordability package (an amended ROAD to Housing Act) aimed at expanding supply through streamlined environmental reviews, local planning grants, and easier access to manufactured housing, while adopting a softer restriction on institutional investors than the Senate by not requiring sell-offs of build-to-rent/renovate-to-rent properties and instead creating a tenant hotline; the bills must be reconciled with the Senate version and sent to the president, potentially making it one of the broadest federal housing efforts in decades.

via CNN|

#build-to-rent #congress #housing

local-government11 months ago•5 min saved

Hochul Accelerates Housing Development with New Plan

Governor Kathy Hochul announced a $50 million program to promote manufactured housing in New York, aiming to address the housing shortage by delivering 200 affordable modular and manufactured homes across the state, with a focus on changing perceptions and overcoming financing challenges associated with manufactured homes.

via The New York Times|

#affordable-housing #hochul #housing

housing-market2 years ago•2 min saved

"Removing Chassis Requirement Could Boost Affordable Housing"

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.

via Fortune|

#economists #home-affordability #housing-crisis

natural-disasters3 years ago•1 min saved

Florida Counties Issue Evacuation Orders and Shelter Closures

Leon County in Florida has issued a mandatory evacuation for residents of mobile and manufactured homes due to the expected hurricane-force winds from Hurricane Idalia. The evacuation is effective immediately, and residents are advised to seek shelter until the storm passes.

via WCTV|

#hurricane-idalia #leon-county #mandatory-evacuation