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The GSEs should “increase certain loan purchases” in Duty to Serve markets; develop new and accessible loan products and programs; and evaluate new business partnership opportunities. For manufactured housing, the UMMC proposes outreach to increase loan purchases and achieve increased manufactured housing infill.
Department of Housing and Urban Development (HUD) and U.S. Census Bureau over a five-year period shows that prices for manufactured homes have risen by nearly 60% as the nation continues to contend with a housing affordability crisis that stems in part from a shortage of sufficient inventory. An analysis of data from the U.S.
Example: Landlease. In a large development of approximately 300 houses, four of them were on a 99-year landlease with 55 years remaining. Reason was it was the last portion of the block of land, and the owner wouldn’t sell, but did agree to the landlease.
Department of Housing and Urban Development (HUD) 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). Last month, the U.S. That’s why I find it interesting.
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