Bill 118 hr 3327, also known as the Manufactured Housing Affordability and Energy Efficiency Act of 2023, aims to address the issues of affordability and energy efficiency in the manufactured housing industry. The bill seeks to provide financial assistance to low-income individuals and families who are looking to purchase or upgrade a manufactured home.
One of the key provisions of the bill is the establishment of a grant program that would provide funding to states and local governments to support the development and implementation of energy efficiency standards for manufactured homes. These standards would help reduce energy costs for homeowners and decrease the environmental impact of manufactured housing.
Additionally, the bill includes provisions to increase access to financing for manufactured home purchases, particularly for low-income individuals. This would help make homeownership more attainable for those who may not qualify for traditional mortgage loans.
Overall, the Manufactured Housing Affordability and Energy Efficiency Act of 2023 aims to improve the quality of manufactured housing, make it more affordable for low-income individuals, and promote energy efficiency in the industry. By addressing these issues, the bill seeks to create more sustainable and affordable housing options for all Americans.