The Manufactured Housing Association for Regulatory Reform (MHARR) has released its latest Washington Update, an exclusive report and analysis that addresses key issues with the U.S. Department of Housing and Urban Development (HUD).
Covered in this MHARR report:
- HUD Installation Power Grab Intensifies
- MHARR To FHFA: Stop GSEs’ Discrimination Against MH and
- U.S. Tariff Imposed on Canadian Lumber
“MHARR has received numerous inquiries from industry members and other HUD program stakeholders regarding a rapidly-widening power grab by program administrators to effectively federalize installation regulation in all 50 states,” says MHARR in the report.
“HUD, and some uninformed elements within the industry, excuse this gross over reach as a consequence of the structure and language of the Manufactured Housing Improvement Act of 2000.”
The report also provides insight on the Canadian lumber tariffs.
“After threatening to impose trade duties on goods imported from China and Mexico during the presidential election campaign in 2016, the administration announced its first new tariff on imported goods in a statement issued by Commerce Secretary Wilbur Ross on April 24, 2017,” says MHARR in the report.
“While the imposition of the Canadian lumber tariff caps a period of serious economic uncertainty for the residential construction industry, increases in home prices driven by higher supply costs for basic raw materials, such as wood, will have a magnified impact on the highly-priced sensitive manufactured housing market.”
The full MHARR report and analysis is available for Daily Business News readers here. ##
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Submitted by RC Williams to the Daily Business News for MHProNews.