HUD PROPOSES NEW RULE TO ALLOW ON-SITE COMPLETION OF FACTORY-BUILT MANUFACTURED HOMES

WASHINGTON, DC – June 25, 2010 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced that it is proposing new regulations that would permit builders of manufactured housing (mobile homes) to complete construction at the home’s installation site, rather than in the factory. Under current HUD regulations, a manufacturer must obtain HUD approval for on-site completion of each of its designs.


More info...

SHARE
Avatar

U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

Previous articleDOT, HUD Announce New Contracting Flexibility to Help Build Sustainable, Livable Communities
Next articleNew First Mortgage Loan Poolers Will Jump-Start Secondary Market for SBA 504 Loans, Make Credit More Available