Sec. 2. Findings
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Congress finds the following: Manufactured housing is the largest source of unsubsidized affordable housing in the country. Nearly 18,000,000 Americans live in manufactured housing, which opens the door to homeownership for families who, in many housing markets, cannot afford to buy a site-built home. A manufactured home qualified under the Energy Star program established by section 324A of the Energy Policy and Conservation Act ( 42 U.S.C. 6294a ) can save homeowners an average of 24 to 29 percent on total heating and cooling costs, compared to a typical manufactured home.
Over 40 percent of manufactured homes are found in land lease communities or parks , but new ownership structures, such as resident-owned cooperatives or communities owned by nonprofits or public housing authorities, can provide homeowners greater land tenure security and stability that enhances the value of their homes. These advances position manufactured homes to appreciate in value and open the door to homeownership for millions of families, and have proven to be an effective long-term affordable housing preservation strategy for communities across the United States.
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