The Federal Housing Administration (FHA) announced on Monday that it has raised lending limits for its Title I Manufactured Home Loan Program, a move designed to align the FHA with market forces and to encourage more lenders to participate in the program as the Biden administration makes a renewed push on affordable housing.

The move was announced in Title I Letter 488 released on Monday, in conjunction with official statements from FHA and the U.S. Department of Housing and Urban Development (HUD).

The new limits make use of details ⇒

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