Why is Fannie Mae supporting non-traditional ownership of MHCs?

As part of our Duty to Serve plan, Fannie Mae developed a pricing incentive to assist in the acquisition of Manufactured Housing Communities (MHCs) by non-traditional owners, such as non-profit entities, and help develop new MHCs, preserve the affordability of existing communities, and provide funds to make improvements. Typically, these non-profit organizations can purchase an MHC through grants provided by city, county, and state governments, combined with low interest private loans. Our goal in supporting non-traditional ownership is maintaining Manufactured Housing Communities as an affordable source of housing for Americans throughout the U.S.

For more information, contact:

Michael Keeney

Michael Keeney

Multifamily Underwriting - Senior Director

Contact Michael Keeney :


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