Fannie Mae Loans for Manufactured Homes Rise in 2013

According to multihousingnews.com, government services enterprise (GSE) Fannie Mae reports in 2013 it provided $28.8 billion in multifamily finance, covering 507,000 multifamily units. Over 85 percent of of the multifamily units financed by Fannie Mae in 2013 were affordable to tenants earning at or below the median income in their area. MHProNews.com understands loans for manufactured homes increased from $912 in 2012 to $1 billion in 2013.

(Photo credit: Jonathan Ernst/Yahoo! and Reuters–Fannie Mae headquarters)

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