(Supply: the next are excerpts from an op-ed penned by Steve Saltznan, President and CEO of New Hampshire Neighborhood Mortgage Fund).
Right this moment’s new manufactured properties will not be “trailers”. They don’t seem to be “cell properties.” They’re well-built, aesthetically pleasing properties which have been manufactured in an off-site, local weather managed facility earlier than being moved and positioned completely on a bit of land.
As a part of its efforts to handle the Granite States scarcity of inexpensive housing, New Hampshire’s legislators are at present contemplating HB 685. Which might enhance the availability of inexpensive homeownership choices across the state by permitting manufactured properties to be positioned on single-family plots of land in all residentially zoned areas. However bias and misinformation about this kind of dwelling persists. Enable me to set the document straight.
Manufactured properties are distinguished from “trailers” or “cell properties” by the rigorous security, high quality, and sturdiness requirements they need to adhere to. These requirements, established in 1976 by the U.S. Division of Housing and City Improvement, be sure that new manufactured properties of at the moment are high quality, sturdy, and exquisite locations to name dwelling.
Along with these development requirements, New Hampshire has adopted constructing requirements that require that the wheels and axles of a manufactured dwelling be eliminated, and the house be affixed to a everlasting basis earlier than a house owner can transfer in. That’s the reason we are saying these properties are solely cell as soon as.They’re designed with options to make sure they are often transported from the manufacturing facility the place they had been constructed to the location they’ll use as a everlasting residence.
Final 12 months, our common mortgage mortgage for a manufactured dwelling was simply over $123,000. In the meantime, the median value of buying a stick-built dwelling has persistently exceeded half one million {dollars}.
Assist for HB 685 is assist for well-built, aesthetically pleasing properties that may assist guarantee everybody in our state has the chance to realize the American dream of homeownership. Because the median value of buying a house has skyrocketed, we should not enable misinformation to dam inexpensive house owner laws like HB 685.
(Notice) The manufactured housing business is supportive of the New Hampshire SB 865 and hopefully that passage could be a template for the manufactured housing market nationwide.
