Manufactured housing helps fill New Hampshire’s affordable housing needs
“’Manufactured homes in resident-owned communities are an excellent option for New Hampshire homebuyers,’ says Ignatius MacLellan, managing director of New Hampshire Housing’s Homeownership Division. ‘Because the market is so competitive, many low- and middle-income people are struggling to find a home to buy. The Community Loan Fund’s efforts to add new homes within existing resident-owned communities is an important initiative.'”
Key to this effort is the affordability of manufactured homes. The average new home price is less than $1,000, while two-bedroom apartments rent for close to $1,500.”