The Manufactured Housing Lending Act is currently in the early stages of the legislative process. It was recently introduced in the Senate and sent to the Committee on Banking, Housing, and Urban Affairs for review. There are no upcoming votes scheduled at this time.
Legislative Progress
Senate
House
President
Law
Unlikely to pass
This bill is in the very early stages and only has support from one party so far, making it difficult to pass in a divided Congress.
Key Points
This bill requires Fannie Mae and Freddie Mac to start new test programs to buy loans for manufactured homes. Many people who buy these homes currently have to use high-interest loans because they do not own the land the home sits on.
To qualify for these new loans, the home must be in a park owned by a nonprofit, the government, or the residents themselves. This helps make sure the people living there have more stability and do not face sudden eviction from a private landlord.
The bill requires these loans to have the same kinds of protections that regular home mortgages have. This means clearer rules on how the loans are handled and better safeguards for the people borrowing the money.
Fannie Mae and Freddie Mac would be allowed to make some money from these loans, but the bill says they should accept a lower profit than they get from standard home loans. This is intended to keep the costs lower for the homeowners.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Jun 17, 2026Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Jun 17, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes, news coverage, or related bills recorded for this bill yet.
Source Information
Document Type
Congressional Bill
Official Title
Manufactured Housing Lending Act
Bill NumberS 4804
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
