Advancing Manufactured Housing
With housing supply and affordability challenges affecting every market across the nation, we believe manufactured housing is a critical part of the solution. So we're partnering with the industry to tell the story of today's factory-built homes and the quality, amenities, and value they offer.
Together we're helping more families of modest means access sustainable home rental and ownership opportunities through this affordable housing option.
What We're Doing
Since 2017, we have provided nearly $10 billion in financing for manufactured homes and communities, and our commitment is growing.
As part of our Duty to Serve plans and in support of our affordable housing mission, we're advancing solutions to help the industry, homebuyers, and renters access the benefits of manufactured housing.
Single-Family Housing
MH Advantage® mortgage
Offering the benefits of conventional mortgage financing for manufactured homes that are similar to site-built homes
Conventional loan purchases
Increasing our secondary market purchases of conventional single-family mortgage loans secured by manufactured housing
Conventional loan purchases
Testing the nature and performance of the personal property loans that are essential to most manufactured home buyers
Multifamily Housing
Multifamily loan purchases
Purchasing loans secured by Government, non-profit, and resident-owned Manufactured Housing Communities
Protections for lessees
Evaluating opportunities for multifamily financing of Manufactured Housing Communities with protections in place for homeowners who lease their lots
Resident-Owned Community models
Offering manufactured housing communities more control over monthly lot costs, security against evictions, and an enhanced sense of neighborhood pride