mhcp: FHA Condo Approvals – Manufactured Housing Condo Projects - 02/05/14 08:44 PM
FHA Condo Approvals – Manufactured Housing Condo Projects

[Note: article has been updated to reflect current FHA guidelines.  See below.]
In certain parts of the country, Manufactured Housing Condominium Projects (MHCPs) are prevalent.   Typical ownership of this fashion is where the unit owner owns the manufactured home and may own the ground on which it sits.
Manufactured Housing is a different category of housing than modular homes.  This article by John DL Arendsen will give you more information than you would ever need to know about manufactured and modular housing and does an outstanding job of explaining the differences.
MHCPs … (7 comments)