Data / Federal rules / 2024-04138
Indexing Methodology for Title I Manufactured Home Loan Limits
The Housing and Urban Development Department published this final rule in the Federal Register on February 28, 2024. It took effect on March 29, 2024.
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What the agency says
Section 2145 of the Housing and Economic Recovery Act of 2008 (HERA) amended the maximum loan limits for manufactured home loans insured under Title I of the National Housing Act and required regulations to implement future indexing of the loan limit amounts for manufactured homes originated under the Manufactured Home Loan program. This rule establishes indexing methodologies using data from the United States Census Bureau ("Census") to annually calculate the loan limits for Manufactured Home Loans, Manufactured Home Lot Loans, and Manufactured Home and Lot Combination Loans ("Combination Loans") insured under Title I of the National Housing Act for the Manufactured Home Loan program. This final rule adopts HUD's October 18, 2022, proposed rule with changes.
Key facts
- Document number
- 2024-04138
- Type
- Final rule
- Action
- Final rule
- Agency
- Housing and Urban Development Department
- Published
- February 28, 2024
- Takes effect
- March 29, 2024
- Dates
- Effective March 29, 2024.
- Docket
- Docket No. FR-6207-F-02
- Regulation ID (RIN)
- 2502-AJ52
- Code of Federal Regulations
- 24 CFR 201
- Topics
- Claims; Health facilities; Historic preservation; Home improvement; Loan programs-housing and community development; Manufactured homes; Mortgage insurance; Reporting and recordkeeping requirements
- Significant
- Yes, under Executive Order 12866
- Pages
- 7
Other documents from the Housing and Urban Development Department
Everything from the Housing and Urban Development Department · Rules on claims · Rules on health facilities · Rules on historic preservation · Published in February 2024
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