21st Century ROAD to Housing Act Removes Barriers for Manufactured Housing
Event summary
- The 21st Century ROAD to Housing Act, passed on June 24, 2026, removes outdated barriers for manufactured housing, benefiting UMH Properties' 145 communities across the Northeast, Southeast, and Midwest.
- Key provisions include the removal of the permanent chassis requirement, updates to FHA Title I financing, and easing of zoning and land-use barriers.
- UMH expects cost reductions per home, innovative multi-story designs, and increased revenue per lot due to the new legislation.
The big picture
The 21st Century ROAD to Housing Act addresses the nation's housing shortage by expanding supply and reducing costs for manufactured housing. For UMH Properties, this legislation aligns with its growth strategy, potentially lowering production costs and improving financing access. The act's provisions could accelerate industry growth, complementing UMH's ongoing initiatives in community development and home sales.
What we're watching
- Regulatory Impact
- How the removal of the chassis requirement will affect construction costs and home designs across UMH's portfolio.
- Financing Accessibility
- Whether the updates to FHA Title I financing will significantly increase occupancy and sales growth in UMH communities.
- Market Expansion
- The pace at which easing of zoning barriers will allow UMH to place manufactured homes in diverse residential areas.
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