What the New Housing Supply Action Plan Means for Manufactured Housing

As the affordable housing crisis shows little to no signs of improvement, manufactured housing communities have thrived as one of the best options for both residents and investors. To encourage the development of more low-cost housing options, President Joe Biden recently released a 13-page Housing Supply Action Plan. The document outlines legislative and administrative actions to address the supply side issue, with manufactured housing seen as a quick way to counter the sky-high demand for affordable housing across the country.

Multi-Housing News asked Marcus & Millichap Senior Vice President & National Director of Research and Advisory Services John Chang, as well as HARRI5 Founder & Principal Derek Harris, to discuss how the plan will impact the manufactured housing sector.