Property Improvement and Manufactured Housing Loan Modernization Act of 2026
Referred to the House Committee on Financial Services.
Summary
The legislation amends the National Housing Act to increase the maximum amounts FHA can lend for repairs, manufactured‑home purchases, lot acquisitions and accessory dwelling unit construction. It also requires HUD to create a new method for annually adjusting those limits and to report on the cost‑effectiveness of manufactured and modular housing. The changes aim to modernize loan caps, expand financing options for homeowners, and gather data on factory‑built homes.
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