General World News

HUD launches manufactured home community loan program

The U.S. Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

The Manufactured Home Community loan product will “will help entities to preserve, stabilize, and revitalize these vital sources of affordable housing,” the department explained. The program was announced by HUD acting secretary Adrianne Todman during a kickoff event for HUD’s Innovative Housing Showcase, which details ⇒

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