Modular Housing Production Act

Summary

Requires the Department of Housing and Urban Development (HUD) to review Federal Housing Administration (FHA) construction financing programs to find regulatory and program barriers that make it hard for modular and manufactured home builders to use FHA construction loans. HUD must publish a report within one year with findings and recommendations, begin rulemaking within 120 days after the report to consider alternative construction-loan draw schedules for modular and manufactured home projects, and either finalize a rule or explain why it will not. Also authorizes HUD to award grants to study a standardized commercial coding system for modular home modules (including serialization, security, and design/construction streamlining) and authorizes "such sums as may be necessary" for that grant authority.

• HUD must review FHA construction financing rules to find barriers for modular and manufactured home builders.
• HUD must publish a findings-and-recommendations report within one year of enactment.
• HUD must start a rulemaking within 120 days after the report to examine alternative construction-loan draw schedules for modular/manufactured developers.
• HUD must either finalize a rule after comment or explain why no final rule will be issued.
• HUD may award grants to study a standardized commercial coding system for modular home modules (serialization, security, streamlining).
• The bill authorizes "such sums as may be necessary" for the grant authority but does not appropriate a specific dollar amount.
• The bill defines key terms by reference to existing law (manufactured home; Secretary).
• No explicit changes to FHA policy occur until HUD completes rulemaking and any subsequent rule issuance.