Indexing Methodology for Title I Manufactured Home Loan Limits

Document 2024-04138 is a Final Rule published by the Department of Housing and Urban Development in the Federal Register on February 28, 2024, with an effective date of March 29, 2024. Section 2145 of the Housing and Economic Recovery Act of 2008 (HERA) amended the maximum loan limits for manufactured home loans insured under Title I of the National Housing Act and required regulations to implement future indexing of the loan limit amounts for manufactured homes originated under the Manufactured Home Loan program. This rule establishes indexing methodologies using data from the United States Census Bureau ("Census") to annually calculate the loan limits for Manufactured Home Loans, Manufactured Home Lot Loans, and Manufactured Home and Lot Combination Loans ("Combination Loans") insured under Title I of the National Housing Act for the Manufactured Home Loan program. This final rule adopts HUD's October 18, 2022, proposed rule with changes. View the original at https://www.federalregister.gov/documents/2024/02/28/2024-04138/indexing-methodology-for-title-i-manufactured-home-loan-limits.

No. Document 2024-04138 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.