The Manufactured Housing Institute (MHI) applauds Freddie Mac for expanding its CHOICEHome program to include single-section CrossMod homes and this pivotal step toward unlocking greater access to attainable housing nationwide.
“Freddie Mac’s inclusion of single section CrossMod homes in the CHOICEHome program is a meaningful advancement for increasing the supply of attainable housing in the country,” said Leslie Gooch, MHI CEO. “These homes are ideally suited for infill development and smaller lots, helping communities meet growing demand with innovative, efficient housing solutions. MHI has consistently advocated for this change, recognizing that expanding financing options for single-section CrossMOD will unlock new opportunities for homeownership and support the evolving needs of today’s housing market.”
CrossMod homes combine the best of on-site and factory construction and have gained popularity in recent years due to many advantages they offer over conventional manufactured homes. High end, energy efficient and affordable. CrossMod factory-built housing appeals to underserved homebuyers who value homes built to rigorous federal standards for quality, safety and durability as well as curb appeal like pitched roofs and garages. With manufactured homes costing up 50% less per square foot than site-built homes. CrossMods present a compelling path to quality homeownership and are attainable for buyers of nearly every budget.
The post MHI Applauds Freddie Mac’s Expansion of CHOICEHome Program to Include Single-Section CrossMod Homes, Improving Access to Attainable Housing Nationwide appeared first on Manufactured Homes.
