Ginnie Mae Solicits Feedback on Enhancements to the Title I Manufactured Housing Program
Industry Update
July 27, 2022
Source: Ginnie Mae
Ginnie Mae, in coordination with the Federal Housing Administration (FHA), published a Request for Input (RFI) on enhancements to the Title I Manufactured Home Loan Program. The RFI follows publication earlier this year of the Biden-Harris “Housing Supply Action Plan” and the Department of Housing and Urban Development’s FY 2022-2026 Strategic Plan, each of which identifies manufactured housing as an important means of increasing the supply of affordable housing.
The RFI seeks input on how both the FHA Title I manufactured housing program and the Ginnie Mae securitization program that supports it can be made more competitive, and references specific program features such as loan limits or lender eligibility requirements. It also seeks commentary on how proposed changes would improve the financing market for manufactured housing.
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