HUD Code Manufactured Home Production Increases Continue in May 2021
Washington, D.C., July 6, 2021 – 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), HUD Code manufactured housing industry year-over-year production increased in May 2021. Just-released statistics indicate that HUD Code manufacturers produced 8,606 homes in May 2021, a 29.4% increase over the 6,647 new HUD Code homes produced during May 2020. Cumulative production for 2021 now totals 44,329 homes, a 14.9% increase over the 38,597 homes produced during the same period in 2020.
While, based on these statistics, it appears that the industry, in the post-COVID-19 environment of 2021, could be on track to surpass the 100,000 homes-per-year benchmark for the first time since 2006, one can only wonder how much larger the affordable, mainstream HUD Code market could (and would) be, if the industry could effectively confront and resolve its two most significant external impediments – discriminatory and exclusionary zoning mandates and the ongoing lack of secondary market support for manufactured home consumer lending by Fannie Mae and Freddie Mac
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 May 2021 — with cumulative, monthly, current year (2021) and prior year (2020) shipments per category as indicated — are:
The May 2021 production data results in no changes to the cumulative top-ten 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.
Washington, D.C., July 6, 2021 – 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), HUD Code manufactured housing industry year-over-year production increased in May 2021. Just-released statistics indicate that HUD Code manufacturers produced 8,606 homes in May 2021, a 29.4% increase over the 6,647 new HUD Code homes produced during May 2020. Cumulative production for 2021 now totals 44,329 homes, a 14.9% increase over the 38,597 homes produced during the same period in 2020.
While, based on these statistics, it appears that the industry, in the post-COVID-19 environment of 2021, could be on track to surpass the 100,000 homes-per-year benchmark for the first time since 2006, one can only wonder how much larger the affordable, mainstream HUD Code market could (and would) be, if the industry could effectively confront and resolve its two most significant external impediments – discriminatory and exclusionary zoning mandates and the ongoing lack of secondary market support for manufactured home consumer lending by Fannie Mae and Freddie Mac
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 May 2021 — with cumulative, monthly, current year (2021) and prior year (2020) shipments per category as indicated — are:
The May 2021 production data results in no changes to the cumulative top-ten 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.
