Modular Housing Production Act

This bill aims to make it easier to build homes from factory-made sections (“modular homes”). It tells the U.S. housing department to review Federal Housing Administration (FHA) construction loans and find rules that slow or block modular builders, like the timing of payments during construction. The department must publish a public report within one year with changes it recommends to fix those barriers . After the report, the department has 120 days to start writing a new rule to test a different payment schedule for construction loans to modular and manufactured home developers, take public comments, and then either finalize the rule or explain why not .

The bill also lets the department fund a study on creating a standard code system for modular home parts. This could help track parts, speed up building, improve innovation, and connect the code to financing incentives. Money can be provided as needed for this study .

• Who is affected: modular and manufactured home builders, lenders using FHA construction loans, and communities needing more affordable housing options .
• What changes: a required review of FHA rules, a public report with fixes, a follow-up rulemaking on how and when builders get paid during construction, and a possible study on a standard code for modular parts .
• When: report due within one year of the law taking effect; rulemaking must begin within 120 days after the report is published .