The Manufactured Housing Association for Regulatory Reform (MHARR) provided a transcript of its recent testimony The House of Representatives Subcommittee on Insurance, Housing and Community Opportunity held an oversight hearing on February 1, specifically focusing on HUD’s implementation of the Manufactured Housing Improvement Act of 2000. Chairman John Bostick told legislators while manufactured housing, like other segments of the housing industry, has been affected by the 2008 financial crisis and subsequent recession, the steep decline of our industry began long before either of those developments and has been much more severe than the downturn in the broader housing market. “These facts point to the existence of other factors, unique to the manufactured housing industry, that have worked to unduly suppress the manufactured housing market, to the detriment of millions of American consumers of affordable housing,” Bostick said. The hearing, which has been a key objective of MHARR’s intensive engagement with Congress for more than a year, provided the Association with an opportunity to present detailed written and verbal testimony on HUD’s failure to fully and properly implement the 2000 law — and its extremely damaging impact on the industry and consumers — directly to the members of Congress who are responsible for oversight of the program and the law itself. Read More at MHARR Congressional Testimonies and Follow-Up Actions
