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HUD Archives: News Releases
HUD No. 96-190 | FOR IMMEDIATE RELEASE |
Contact: Alex Sachs 202/708-0685 | Thursday, |
Bill Connelly 202/708-0685 Ext. 115 | October 24, 1996 |
SEVEN MANUFACTURED HOUSING DEVELOPMENTS
SELECTED FOR NATIONAL HOUSING INNOVATION AWARDS
RALEIGH, N.C. -- Seven manufactured housing developments -- including one in
Raleigh -- have been awarded "Building Innovation in Homeownership Awards" by the
National Partners in Homeownership, according to Housing and Urban Development
Assistant Secretary Michael A. Stegman. Stegman announced the building innovation awards
here at a seminar sponsored by the Manufactured Housing Institute for builders and
developers.
This new awards program, which recognizes developers whose innovative
construction techniques can lower the cost of homebuilding, is an initiative of the 58-member
homeownership partnership which includes HUD and the housing industry.
"These award-winning developments prove that there is great room for more
innovation and creativity in homebuilding -- especially in the manufactured housing sector,"
said Stegman, the HUD Assistant Secretary for Policy Development and Research.
"Innovations can reduce costs for homebuyers -- a critical step in making the American
Dream of homeownership come true for more families."
Jerry Connors, President of the Manufactured Housing Institute (MHI), said, "These
awards exemplify the fact that manufactured housing plays a significant role in meeting the
need for affordable housing in America's communities."
In addition to the seven awards for manufactured housing developments, Stegman
presented an award for a conventional or "stick-built" project developed by a firm receiving
recognition for its work on a manufactured housing project.
Innovative housing developments recognized today are:
The Building Innovation in Homeownership Awards program was announced by HUD
last May, and thus far 63 projects in 26 states and the District of Columbia have been cited
for these awards. Projects winning innovation awards were selected by a board including
HUD, the National Association of Homebuilders; the Manufactured Housing Institute; the
Council of American Building Officials; the National Conference of States on Building Codes
and Standards; the Enterprise Foundation, and the Federal Housing Finance Board.
The awards program is an initiative of the National Partners in Homeownership, 58
national organizations including lenders, homebuilders, nonprofits group and government
agencies committed to President Clinton's goal of raising the homeownership rate to an all-
time high by the end of the year 2000.
In addition to the national recognition award-winners receive for their contributions to
increasing affordable homeownership, local affiliates of the homeownership partners offer
support to make the winning projects even more affordable, including special homebuyer
financing packages, homeownership counseling or assistance in resolving regulatory
impediments.
Content Archived: January 20, 2009
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