Financing Gets Easier for Manufactured Homes

A new federal funding opportunity of $225 million will support owners of manufactured homes though an update in Title I of the Fair Housing Act. Manufactured homes are the “largest form of unsubsidized affordable housing in the country” and a type used by more than 22 million Americans. The White House initiative is looking to build more housing to boost supply while lowering costs and promoting a fairer, more transparent rental market. Whether this is your first property purchase or you’re looking to expand your real estate portfolio with a new rental property, you can rely on Preferred Capital Funding for all of your real estate needs.