Manufactured Housing Institute must press HUD-FHFA-Fannie Mae-Freddie Mac to fully comply with existing laws (i.e.: MHIA-enhanced preemption-DTS) going forward.

WASHINGTON, D.C., UNITED STATES, October 6, 2023 /EINPresswire.com/ -- The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production declined again in August 2023. Just-released statistics indicate that HUD Code manufacturers produced 8,670 new homes in August 2023, a 19.1% decrease from the 10,722 new HUD Code homes produced in August 2022. Cumulative production for 2023 is now 58,692 homes, a 27% decrease from the 80,431 homes produced over the same period during 2022.

Top Ten Manufactured Housing Shipment States - MHARR Graphic

In the midst of an ongoing affordable housing crisis, with housing costs reaching or nearing all-time highs, inherently affordable manufactured housing continues to significantly underperform, with production levels for 2023 far below the industry’s potential and even the diminished annual production averages of the past decade-plus. As MHARR has explained and documented, this decline continues to be driven by key failures within the industry’s post-production sector including, most significantly, discriminatory zoning exclusion (tolerated by HUD) and the stubborn refusal of Fannie Mae and Freddie Mac to securitize chattel loans for nearly 80% of the industry’s most affordable mainstream manufactured homes. Unless and until someone within the industry can fully explain any and all other possible reasons for this decline, which has left the industry in its current downward spiral, the Manufactured Housing Institute, as the only national association which collects representation dues from the post-production sector of the industry, has a duty and obligation to press HUD as well as Fannie Mae and Freddie Mac to fully comply with the relevant existing laws (i.e., the 2000 reform law and the Duty to Serve law) going forward.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.- based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing. ##

Additional Information about MHARR and their monthly reports on HUD Code manufactured home production data and other manufactured housing industry news and views are found at the link below.

https://ManufacturedHousingAssociationRegulatoryReform.org

Additional Information About Concerns Raised by Plaintiffs Attorneys in CLASS ACTION Case No. 23-cv-6715 v Datacomp-Equity LifeStyle Properties-Hometown America-Lakeshore Communities-Sun Communities-RHP Properties-YES! Communities-Inspire Communities-Kingsley Mgt-Cal-Am Properties is linked in the report below. The Defendant firms are routinely members of the Manufactured Housing Institute (MHI) and/or MHI linked "state association affiliates."

https://www.manufacturedhomelivingnews.com/class-action-case-no-23-cv-6715-v-datacomp-equity-lifestyle-properties-hometown-america-lakeshore-communities-sun-communities-rhp-properties-yes-communities-inspire-communities-kingsley-mgt-cal-am-p/

Additional facts and analysis of the latest manufactured housing industry production reports are found in the report linked below.

https://www.manufacturedhomepronews.com/masthead/august-2023-production-data-manufactured-housing-institute-mhi-leaders-should-embrace-responsibility-for-continuing-manufactured-home-production-decline-consolidators-fueled-crisis/

A fact check and analysis of the true state of the manufactured housing industry is found in the fact-check and analysis linked below.

https://www.manufacturedhomepronews.com/examining-manufactured-housing-trends-and-statistics-to-know-by-patrick-revere-and-mhinsider-critique-bares-true-state-of-manufactured-home-industry-in-october-2023-plus-mhville-markets-upd/

Andrew Justus, J.D., housing policy analyst for Niskanen Center view on causes of manufactured housing industry underperformance are found in the report linked below, including additional information with manufactured housing industry expert analysis.

https://www.manufacturedhomepronews.com/andrew-justus-j-d-niskanen-center-housing-policy-analyst-hill-op-ed-asks-and-answers-whats-holding-back-manufactured-homes-sunday-weekly-mhville-headlines-in-review/

Harvard’s Joint Center for Housing Studies State of the Nation’s Housing in 2023, which included insights on HUD Code manufactured homes, are found linked below. That report includes additional information with more MHProNews expert editorial facts and analysis.

https://www.manufacturedhomepronews.com/harvards-joint-center-for-housing-studies-state-of-the-nations-housing-2023-manufactured-housing-industrys-21st-century-collapse-factsanalysis-yields-ca/

‘Statutes Should Prohibit Restrictive Zoning Standards for Manufactured Homes’ says Law Prof. Daniel R. Mandelker ‘Organization Needed for Manufactured Housing Advocates Litigation and Legislative Support.’

https://www.manufacturedhomelivingnews.com/statutes-should-prohibit-restrictive-zoning-standards-for-manufactured-homes-says-law-prof-daniel-r-mandelker-org-needed-for-manufactured-housing-advocates-litigation-and/

True Tale of Four Attorneys Research into Manufactured Housing – What They Reveal About Why Manufactured Homes Are Underperforming During an Affordable Housing Crisis – Facts and Analysis

https://www.manufacturedhomepronews.com/masthead/true-tale-of-four-attorneys-research-into-manufactured-housing-what-they-reveal-about-why-manufactured-homes-are-underperforming-during-an-affordable-housing-crisis-facts-and-analysis/

Manufactured Housing Institute CEO Lesli Gooch-OpenSecrets-CPI-LegiStorm Reveal Apparent Conflicts of Interest with Site-Built Housing-Call for Gooch Resignation-Termination@MHI; plus MHMarkets

https://www.manufacturedhomepronews.com/manufactured-housing-institute-ceo-lesli-gooch-opensecrets-cpi-legistorm-reveal-apparent-conflicts-of-interest-with-site-built-housing-call-for-gooch-resignation-terminationmhi-plus-mhmarkets/

The largest known collection of third-party research into the facts and evidence regarding modern HUD Code manufactured homes are found on ManufacturedHomeLivingNews.com at this link below.

https://www.manufacturedhomelivingnews.com/october-2023-ultimate-manufactured-housing-and-mobile-home-manufactured-home-research-trends-statistics-expert-views-fact-checks-and-insights/

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L. A. "Tony" Kovach
MHProNews.com/MHLivingNews.com
+18632134090 ext.
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Experts Look at Manufactured Homes Video Interview Bill Matchneer, JD, Prior Program Director HUD Code Manufactured Housing by L.A. "Tony" Kovach MHProNews.com.

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