Modular Housing Production Act reviews FHA construction financing programs for modular home developers.
The Modular Housing Production Act directs the Secretary of Housing and Urban Development to review Federal Housing Administration construction financing programs for barriers to modular home methods. The Secretary must publish a report within a year, including recommendations for programmatic and policy changes. The Act also authorizes a grant for studying a standardized uniform commercial code for modular homes and examines an alternative draw schedule for construction financing loans.
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