Multifamily Market Commentary
Fundamentals at MHCs Remain Tight but Lending Volume Declined
September 18, 2024
Manufactured housing units that are pre-fabricated in factories remain an important source of unsubsidized affordable housing for an estimated 17 million residents, according to data from the 2022 American Community Survey (ACS). However, not all purchasers of manufactured homes can afford to purchase the land needed to situate their new home, and some prefer to avoid the maintenance associated with owning that land.