HUD Code Manufactured Home Production Decline Continues, May Updates

HUDCodeManufacturedHomeProductionDeclineContinuesMayUpdatesManufacturedHousingAssocRegulatoryReformMHARR

Washington, D.C., May 6, 2019 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year HUD Code manufactured home production declined once again in March 2019. Just-released statistics indicate that HUD Code manufacturers produced 7,590 homes in March 2019, down 14% from the 8,830 homes produced in March 2018. Cumulative industry production for 2019 now totals 22,359 homes, a decline of 12.4% from the 25,531 HUD Code homes produced over the same period in 2018.

This ongoing significant production decline, following a long period of only modest industry growth after its modern-era production low in 2009, underscores the importance and validity of the decision by the MHARR Board of Directors to begin aggressively tackling three major issues – discriminatory zoning, placement exclusion, and the failure of the Government Sponsored Enterprises, to date, to provide market-significant securitization and secondary market support for manufactured home personal property loans. These three major issues, individually and in combination, have worked to inhibit and stifle the growth of the manufactured housing market after the industry’s outstanding homes leave the factory, and deny millions of Americans the affordable, non-subsidized homeownership that manufactured housing can uniquely provide.  MHARR will launch its plan of action on the most important of these three issues – discriminatory zoning – in mid-May, 2019.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through March 2019  — with cumulative, monthly, current year (2019) and prior year (2018) shipments per category as indicated

The latest information for March 2019 results in no changes to the cumulative shipments list.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing

HUD-Code-Manufactured-Home-Production-Decline-Continues-May-Updates

The latest information for March 2019 results in no changes to the cumulative shipments list.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.

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