In our webinar “Housing + Community Development with Factory-Built Homes,” Next Step and Habitat for Humanity La Crosse delve into the evolving landscape of factory-built homes and their potential to address current housing challenges. Topics discussed include:
What We Cover
- Modern Design & Customization: Significant advancements in the design and customization of factory-built homes offer a variety of floor plans and high-quality finishes. This allows homeowners to personalize their living spaces to match their preferences and needs.
- Affordability & Investment Potential: These homes often have a lower price point than site-built houses, making homeownership more accessible. Additionally, they have shown potential for appreciation.
- Safety & Durability: Factory-built homes are constructed to stringent federal and regional standards, ensuring they can withstand a range of environmental challenges, including severe weather.
- Energy Efficiency: Many factory-built homes are ENERGY STAR® certified, indicating they are designed to be more energy-efficient. This can lead to potential savings on utility bills for homeowners.
- Financing Options: Potential buyers can explore conventional mortgages, FHA-insured loans, and specialized financing from Freddie Mac and Fannie Mae. These options provide better terms than chattel loans, making the purchasing process more straightforward and accessible.
Panelists
- Amy Barnard: Vice President, Next Step Homes
- Kahya Fox: Executive Director, Habitat for Humanity of the Greater La Crosse Region