Modular Housing Production Act

This bill would require the Secretary of Housing and Urban Development to review Federal Housing Administration (FHA) construction financing programs to find barriers to using modular home building methods, including construction draw schedules. Within 1 year, the Secretary would publish a report with recommended changes. Within 120 days after the report, the Secretary would start a rulemaking on an alternative draw schedule for construction loans to modular and manufactured home developers, then either issue a final rule or explain why it will not become final. The bill also allows the Secretary to award a grant to study a standardized uniform commercial code for modular homes.

Full text and official record on Congress.gov

Sponsors

• Lisa C. McClain Republican sponsor
• 3 cosponsors