Preserving Access to Manufactured Housing Financing

 The Holland - Oakwood Homes, Conroe, TX

The Holland - Oakwood Homes, Conroe, TX

We will be the first to admit it - being in the know about politics, government regulations and who is saying nasty things about someone else is not our niche. What you will find from us is information on beautiful communities, homes, and ways that you and your family can enjoy the great quality of life that manufactured housing offers.

One of the biggest stumbling blocks many consumers have, though is finding a way to own their own home. With the down payments that are sometimes needed, and all of the regulations it can scare people out of taking this first step to home ownership.

 Photo: Lisa Stewart Photography

Photo: Lisa Stewart Photography

We got some wonderful news from The Manufactured Housing Institute yesterday - The House Appropriations Committee has passed an amendment to strengthen access to safe, affordable and available financing for manufactured housing. It will also preserve the important federal consumer protections that are already in place. We were thrilled to see that there were some Texans that voted to help pass the amendment - probably because of great work by the Texas Manufactured Housing Association and their executive director TJ Pendleton.

The bill was offered by Congressman Chuck Fleishmann (R-TN) who stated "Preserving access to affordable housing for millions of hard-working American families is extremely important, and I'm proud that my colleagues agreed with me by voting 'yes' on my amendment." Chairman for the Appropriations Subcommittee on Financial Services and General Government Subcommittee and author of the underlying bill Rep. Crenshaw (R-FL) emphasized the amendment's importance and said it "will make sure there will be affordable housing for millions of Americans."

"Rep. Fleischmann's amendment makes reasonable modifications to the federal regulations that currently restrict access to manufactured housing financing. This is an important milestone for millions of working families and retirees who are currently being shut out of the market for quality, unsubsidized affordable housing" said Lesli Gooch, MHI's Senior Vice President for Government Affairs and Chief Lobbyist.
 
"MHI is working to ensure the legislation passes this year and today's action is an important step in this effort," she continued.  "Please join us in thanking Congressman Fleischmann (R-TN), Appropriations Committee Chairman Rogers (R-KY), Financial Services Subcommittee Chairman Crenshaw (R-FL), and all of the members of the Appropriations Committee who voted for this amendment for supporting changes to federal regulations that have jeopardized access to financing for manufactured homes."

This victory for consumers is just one of the many ways that the Manufactured Housing Institute is promoting and protecting the manufactured housing industry. Their Government Affairs team worked night and day to make sure that this issue received the attention it deserved and helped to get over 1,500 contacts to the hill just since February of this year. The MHI Action Alerts are working!

Congratulations to all for continuing to help all of us be able to achieve the American Dream.