Modular Construction Insured Lending
The U.S. Department of Housing and Urban Development (HUD) is seeking a contractor to design, implement, and administer a demonstration project for a loan guarantee program. This program aims to increase financing for developers and manufacturers of single and multifamily modular homes by reducing perceived lending risks during the manufacturing phase. Federal funds will support the contractor's work to insure private lending, with the goal of increasing production volume and efficiency in the modular home industry. The contractor must demonstrate that its conceptual approach is viable and has the potential to improve modular home production. This is a request for capability information only, and there is no formal solicitation at this time.