BUSINESSJul 16 · 14:33 UTCBATON ROUGE BUSINESS REPORTSheridan White

What the new federal housing act means for Louisiana’s real estate market

The 21st Century ROAD to Housing Act, enacted on July 11, aims to boost home construction, expand homeownership, and modernize manufactured housing in Louisiana. Key provisions include eliminating the manufactured home chassis requirement, raising FHA loan limits, and limiting institutional investor purchases of single-family homes.

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Louisiana RealtorsorganizationNorman Morrisperson21st Century ROAD to Housing ActtopicFHA (Federal Housing Administration)organizationHUD’s Community Development Block Grant–Disaster Recovery programtopicmanufactured housingtopicAccessory Dwelling Unitstopic

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