Hybrid Event: Manufactured Housing: Increasing Access and Preserving Affordability – Jun 25
Posted by Federal Reserve Bank of Philadelphia on June 11, 2024
Two new reports take a look at manufactured housing communities in Delaware and New Jersey, respectively. This little-studied housing type in which people own their homes but not the land underneath can provide a low-cost path to homeownership but is not without risks.
Delaware has a relatively robust set of laws to protect these homeowners, yet this affordable housing option faces both disinvestment and market pressures. High housing costs in New Jersey mean that manufactured housing communities are seen as viable ways into homeownership. But high lot rents and lack of statewide visibility pose risks for vulnerable homeowners.
Want to learn more about manufactured housing and recent efforts to increase its potential as a viable affordable homeownership option?
Join the Federal Reserve Bank of Philadelphia and The Pew Charitable Trusts on June 25, 9:30 AM – 2:00 PM, for a hybrid event, Manufactured Housing: Increasing Access and Preserving Affordability.
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