Federal Law Opens New Path for Manufactured Housing
A federal change could give manufactured housing a new shot at the entry-level market by lowering production costs. The 21st Century ROAD to Housing Act, which removes a requirement that manufactured homes be built on a permanent steel chassis for towing, could open the door for manufactured housing in the entry-level market. This could lower production costs and make factory-built homes appear more like site-built ones, but local zoning rules will determine whether this opportunity becomes new housing. The change can reduce material costs, enable flexible installation and eliminate the step-up appearance associated with mobile homes. However, local leaders still decide if these homes can move from the factory to a neighborhood. Only about 17% of zoned land nationwide allows mobile and/or manufactured housing parks. The cost advantage could benefit buyers who own or are purchasing the land where the home will sit, particularly in metros where land is relatively affordable and traditional new construction is expensive for entry-levels.
Opublikowany : Wczoraj za pomocą Staff w Business
AUSTIN, Texas – A federal change could give manufactured housing a new shot at the entry-level market by lowering production costs and making factory-built homes look more like site-built homes, but l... [3321 symbols]
