Modular Housing Production Act requires HUD to review FHA construction financing programs for barriers to modular home methods.
The Modular Housing Production Act mandates the Secretary of Housing and Urban Development to review Federal Housing Administration construction financing programs to identify barriers to modular home methods. The Secretary must publish a report detailing the review's findings and recommendations for reducing or eliminating these barriers. Additionally, the Secretary is required to initiate a rulemaking to examine an alternative draw schedule for construction financing loans provided to modular and manufactured home developers, allowing for public comment.
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