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Property Improvement and Manufactured Housing Loan Modernization Act of 2025

In committee: it can still change before the session ends.

US S 964 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsors
3
Latest action
Mar 11, 2025

What it does

The Property Improvement and Manufactured Housing Loan Modernization Act of 2025 would amend the National Housing Act to increase loan limits for property improvement and manufactured housing loans, including allowing such loans to finance the construction of accessory dwelling units. It would raise loan limits for various purposes—such as increasing the limit for alterations and repairs on single-family homes from $60,000 to $150,000 and setting new limits for manufactured home purchases with or without land—and require the Secretary of Housing and Urban Development to establish a method for annually indexing these limits. The bill also mandates a HUD study on the cost-effectiveness of…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Mar 11, 2025

  2. Committee (Current step)

    In committee · Mar 11, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Property Improvement and Manufactured Housing Loan Modernization Act of 2025 | 52