[Federal Register: September 15, 2008 (Volume 73, Number 179)]
[Proposed Rules]
[Page 53345-53350]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15se08-32]
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Part III
Department of Housing and Urban Development
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24 CFR Parts 201 and 203
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Federal Housing Administration: Insurance for Manufactured Housing;
Proposed Rule
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
24 CFR Parts 201 and 203
[Doc. No. FR-5075-P-01]
RIN 2502-AI45
Federal Housing Administration: Insurance for Manufactured
Housing
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Proposed rule.
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SUMMARY: This proposed rule would amend HUD's regulations governing
manufactured homes that are to be the security for Federal Housing
Administration (FHA) Title I loans and Title II insured mortgages. The
proposed rule would permit, as eligible for FHA insurance, mortgages on
manufactured homes to be installed in accordance with the Model
Installation Standards, which were the subject of notice and rulemaking
that resulted in a final rule published on October 19, 2007. Acceptance
of mortgages on these manufactured homes for FHA insurance will provide
for greater flexibility of design, thereby permitting additional
options for affordable housing. This proposed rule would apply to all
newly installed manufactured homes that are to be security for Title I
and Title II loans and any manufactured home that has been previously
set up and erected at another location and that is to be security for a
Title I loan. An existing manufactured home that secures a Title I loan
and that has been installed or erected on a homesite in compliance with
the manufacturer's requirements for anchoring, support, stability, and
maintenance would be exempt from compliance with this proposed rule,
unless it is relocated from the site of its original installation after
the effective date of this proposed rule.
DATES: Comment Due Date: November 14, 2008.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposed rule to the Regulations Division, Office of General
Counsel, Department of Housing and Urban Development, 451 Seventh
Street, SW., Room 10276, Washington, DC 20410-0500. Communications must
refer to the above docket number and title. There are two methods for
submitting public comments. All submissions must refer to the above
docket number and title.
1. Submission of Comments by Mail. Comments may be submitted by
mail to the Regulations Division, Office of General Counsel, Department
of Housing and Urban Development, 451 Seventh Street, SW., Room 10276,
Washington, DC 20410-0001.
2. Electronic Submission of Comments. Interested persons may submit
comments electronically through the Federal eRulemaking Portal at
http://www.regulations.gov. HUD strongly encourages commenters to
submit comments electronically. Electronic submission of comments
allows the commenter maximum time to prepare and submit a comment,
ensures timely receipt by HUD, and enables HUD to make them immediately
available. Comments submitted electronically through the
www.regulations.gov Web site can be viewed by other commenters and
interested members of the public. Commenters should follow the
instructions provided on that site to submit comments electronically.
Note: To receive consideration as public comments, comments must
be submitted through one of the two methods specified above. Again,
all submissions must refer to the docket number and title of the
rule. No Facsimile Comments. Facsimile (FAX) comments are not
acceptable.
Public Inspection of Public Comments. All properly submitted
comments and communications submitted to HUD will be available for
public inspection and copying between 8 a.m. and 5 p.m. weekdays at the
above address. Due to security measures at the HUD Headquarters
building, an advance appointment to review the public comments must be
scheduled by calling the Regulations Division at (202) 708-3055 (this
is not a toll-free number). Individuals with speech or hearing
impairments may access this number via TTY by calling the Federal
Information Relay Service at (800) 877-8339. Copies of all comments
submitted are available for inspection and downloading at http://
www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: Peter Gillispie, Home Valuation Policy
Division, Office of Housing, Department of Housing and Urban
Development, 451 Seventh Street, SW., Room 9270, Washington, DC 20410-
8000, telephone number (202) 708-2121 (this is not a toll-free number).
Individuals with speech or hearing impairments may access this number
through TTY by calling the toll-free Federal Information Relay Service
at (800) 877-8339.
SUPPLEMENTARY INFORMATION:
I. Background
Section 2 of the National Housing Act (12 U.S.C. 1703) (the NHA)
authorizes the Secretary to insure approved lenders against losses
sustained as a result of borrower default on, among other things,
manufactured home loans. The regulations implementing the Title I
programs are found in 24 CFR part 201. Section 201.21 establishes the
eligibility requirements for manufactured home loans. Section
201.21(c)(3) provides, in part, that any permanent foundation shall be
constructed in accordance with the current edition of HUD's Permanent
Foundations Guide for Manufactured Housing (HUD Handbook 4930.3).
Under Title II of the NHA, section 203 authorizes the Secretary to
insure mortgages used to finance the purchase of single-family homes.
HUD's regulations implementing section 203 of the Act are located at 24
CFR part 203 (entitled ``Single Family Mortgage Insurance''). Section
203.43f contains the eligibility criteria for FHA-insured mortgages
covering manufactured homes, describing the physical characteristics
the home and foundation must possess, as well as required terms and
conditions of the mortgage.
Specifically, the requirements currently contained in Sec.
203.43f(c)(i) and (ii) provide that a manufactured home must be erected
on a site-built permanent foundation that meets or exceeds the
applicable requirements of the Minimum Property Standards (MPS) for
One- and Two-Family Dwellings (24 CFR 200.929(b)(1)), among other
requirements, and that the space beneath a manufactured home be
enclosed by continuous foundation-type construction designed to resist
all forces to which it is subjected without transmitting forces to the
building superstructure. HUD has determined that satisfying the
requirements of these regulations is not the only means of protecting
the Mutual Mortgage Insurance Fund (MMIF) and that the regulations
should reflect current developments in the installation of manufactured
homes.
The Manufactured Housing Improvements Act of 2000 (the Act), which
amended the National Manufactured Housing Construction and Safety Act
of 1974 (42 U.S.C. 5401-5426), established new requirements pertaining
to the installation of manufactured homes. One of the provisions
requires HUD to establish Model Manufactured Home Installation
Standards.
On October 19, 2007 (72 FR 59338), HUD published its Model
Manufactured Home Installation Standards final rule. HUD's final rule
codified the Model Manufactured Home Installation Standards (Model
Installation Standards) in a new part 3285 of Title 24 of the Code of
Federal Regulations
[[Page 53347]]
(CFR). The Model Installation Standards contain both minimum acceptable
nationwide standards for the installation and set-up of manufactured
homes and detailed methods for the design and construction of
foundations, based on site conditions and home design features that
support manufactured housing. The Model Installation Standards also
allow alternative foundation systems or designs that meet or exceed the
requirements of the Model Installation Standards, provided the methods
are approved by a professional engineer or a registered architect in
accordance with acceptable engineering practice.
On June 20, 2008 (73 FR 35270), HUD published a final rule
entitled, ``Manufactured Home Installation Program,'' which established
a federal manufactured home installation program in accordance with the
National Manufactured Housing Construction and Safety Standards Act of
1974, as amended by the Manufactured Housing Act of 2000. The
installation program final rule is a companion rule to the Model
Installation Standards final rule. The installation program sets out
manufactured home installation requirements that are applicable in all
states, requirements that are applicable in only those states in which
HUD is administering the installation program, and requirements for
states that choose to administer their own installation programs in
lieu of the HUD program. The new elements required by the Manufactured
Housing Improvement Act of 2000 to be integrated into an acceptable
manufactured home installation program are the establishment of
qualified installation standards, licensing and training of installers,
and inspection of the installation of manufactured homes. The June 20,
2008, final rule established the HUD-administered installation program
that operates in a state, unless that state certifies that it has its
own qualifying program.
II. This Proposed Rule
This proposed rule would revise the existing requirements contained
in 24 CFR parts 201 and 203, which pertain to eligibility of mortgages
on manufactured homes for FHA insurance, by removing all requirements
for site-built permanent foundations and perimeter enclosures designed
in compliance with the Permanent Foundations Guide for Manufactured
Housing (HUD Handbook 4930.3G). In place of the current requirements,
the proposed rule would allow FHA insurance for mortgages on
manufactured homes that are installed in a manner that meets or exceeds
the requirements set forth in the Model Installation Standards, which
HUD has codified at 24 CFR part 3285.
This proposed rule would prevent HUD from having two different
foundation standards for the installation of manufactured homes that
are security for FHA-insured mortgages. The Model Installation
Standards will establish the minimum acceptable standards nationwide
for the installation and set up of new manufactured homes and also
serve as the basis for qualifying a state's installation program under
the Manufactured Home Installation Program. HUD believes that the
benefits of this proposed rule significantly outweigh its costs,
especially in light of the recently adopted Model Installation
Standards and the Manufactured Home Installation Program.
The Model Installation Standards will protect FHA's interest in
manufactured homes financed with HUD-insured loans, and the MMIF will
not be exposed to any additional risk by the Department's adoption of
these standards as the eligibility requirements for FHA-insured
financing. In developing the Model Installation Standards, the
Department was required to consider proposed standards recommended by a
consensus committee. Both the consensus committee and the Department
were required to consider relevant data, including research,
development, and testing activities by private and government
organizations, to determine how to protect the interests of the public,
as well as the Department. The resulting Model Installation Standards
provide greater clarity, precision, and objectivity for requirements
that apply to the set-up of manufactured homes. They require that
foundations for manufactured home installations be based on site
conditions, home design features, and the loads the home was designed
to withstand as evidenced on the home's data plate. The standards have
been evaluated by HUD and have been determined to provide adequate
resistance to the design loads established by the Manufactured Home
Construction and Safety Standards. With these uniform, minimum
standards, supported by a rigorous program of licensing and training of
installers and inspections of manufactured home installations, HUD
believes the result will be a more reliable set of benchmarks and that
risk to the MMIF would be reduced, not increased.
Similarly, HUD believes the benefits for homebuyers will also
outweigh any increased costs they face. On June 14, 2006, HUD published
estimated costs of compliance with installation program requirements
for states in which HUD administers an installation program, as well as
for states that choose to administer their own installation programs.
(See 71 FR 34483, left column.) The cost of complying with the
installation program in states that administer their own programs was
estimated at $17 per manufactured home. In states where HUD administers
the installation program, the cost was estimated at $1,126 per single-
wide manufactured home and $1,176 per double-wide manufactured home.
HUD assumes that a portion of these costs would be passed on to the
consumer. Nonetheless, by making manufactured homes installed in
compliance with the Model Installation Standards eligible for FHA
financing, HUD will provide financing alternatives for homeowners whose
options might otherwise be limited to the subprime market. Homeowners
will also benefit by knowing that their homes have been installed by
trained, licensed installers and that installations are subject to
inspection. By replacing FHA's current foundation requirements with the
Model Installation Standards, HUD would promote affordable housing by
reducing set-up costs. Through the same measure, HUD would provide for
the quality and safety of manufactured homes by applying minimum
nationwide standards and deferring to the states for establishment of
additional requirements for the set-up and installation of manufactured
homes by licensed installers overseen by inspectors who meet HUD
qualifications.
This proposed rule would require all new and existing manufactured
homes that are to be security for Title II FHA-insured mortgages and
all new manufactured homes that are to be security for Title I loans to
be in compliance with the Model Installation Standards. A manufactured
home that is to be security for a Title I loan and that has been
relocated from the original homesite upon which it had been installed
and set-up must be in compliance with the Model Installation Standards.
A manufactured home that has been installed or erected on a homesite in
compliance with the manufacturer's requirements for anchoring, support,
stability, and maintenance would be exempt from compliance with this
rule, unless it is relocated from the site of its original installation
after the effective date of this proposed rule.
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Even with the changes proposed by this rule, in order to qualify
for FHA mortgage insurance, manufactured homes in some states may have
to be installed or erected in accordance with requirements beyond those
in the Model Installation Standards. FHA is authorized to insure loans
under Title II of the National Housing Act only if the loan is secured
by ``real estate.'' If a manufactured home installed in accordance with
the Model Installation Standards would be classified and taxed as
personal property under state or local law, then the installation or
erection would have to meet such additional requirements as necessary
for it to be classified as real property. The determination whether a
manufactured home is classified and taxed as real property, and
therefore eligible for insurance under Title II, may depend on the
foundation and the manner of attachment of the home to the foundation.
Additionally, this proposed rule would revise the eligibility
requirements for Title II manufactured homes that are located in areas
designated by the Federal Emergency Management Agency (FEMA) as
floodplain areas having special flood hazards. Specifically, this
proposed rule would require that the elevation of the lowest floor of
the manufactured home must be at or above the FEMA-designated base
flood elevation and eliminate the requirement that the finished grade
level beneath the manufactured home be at or above the base flood
elevation. This change will align the flood hazard requirements for
manufactured homes with that of stick-built homes.
HUD expects and invites comments in response to this proposed rule
on the suitability of using the Model Installation Standards for FHA
insurance eligibility purposes. With the Model Installation Standards
having now been issued in final form (with an effective date of October
20, 2008), the public has an opportunity to submit comments in response
to this proposed rule for HUD's consideration that may result in
appropriate changes to the final, effective version of this rule.
However, extensive comments on the technical aspects of the Model
Installation Standards have already been received and were considered
by HUD in the development of the final rule on Model Installation
Standards, and such comments do not need to be resubmitted in response
to this proposed rule. Comments submitted to HUD on the Model
Installation Standards also recommended that any references by HUD in
any housing program only use the Model Installation Standards adopted
under part 3285 or a state equivalent, and this proposed rule would be
responsive to such comments.
III. Findings and Certifications
Executive Order 12866
The Office of Management and Budget (OMB) reviewed this rule under
Executive Order 12866 (entitled ``Regulatory Planning and Review'').
OMB determined that this rule is a ``significant regulatory action,''
as defined in section 3(f) of the Order (although not economically
significant, as provided in section 3(f)(1) of the Order). The docket
file is available for public inspection in the Regulations Division,
Office of General Counsel, Department of Housing and Urban Development,
451 Seventh Street, SW., Room 10276, Washington, DC 20410-0500. Due to
security measures at the HUD Headquarters building, please schedule an
appointment to review the docket file by calling the Regulations
Division at (202) 708-3055 (this is not a toll-free number). Hearing-or
speech-impaired individuals may access this number through TTY by
calling the toll-free Federal Information Relay Service at (800) 877-
8339.
Unfunded Mandates Reform Act
Title II of the Unfunded Mandates Reform Act of 1995 (2 U.S.C.
1531-1538) (UMRA) establishes requirements for federal agencies to
assess the effects of their regulatory actions on state, local, and
tribal governments, and the private sector. This proposed rule does not
impose any federal mandates on any state, local, or tribal government,
or the private sector within the meaning of UMRA.
Executive Order 13132, Federalism
Executive Order 13132 (entitled ``Federalism'') prohibits, to the
extent practicable and permitted by law, an agency from promulgating a
regulation that has federalism implications and either imposes
substantial direct compliance costs on state and local governments and
is not required by statute, or preempts state law, unless the relevant
requirements of section 6 of the executive order are met. This rule
does not have federalism implications and does not impose substantial
direct compliance costs on state and local governments or preempt state
law within the meaning of the executive order.
Regulatory Flexibility Act
The Regulatory Flexibility Act (5 U.S.C. 605(b)) generally requires
an agency to conduct regulatory flexibility analysis of any rule
subject to notice and comment rulemaking requirements, unless the
agency certifies that the rule will not have a significant economic
impact on a substantial number of small entities, which are the FHA-
approved lenders that are directly affected by this rule. This rule
will not have a significant economic impact on a substantial number of
small entities for the following reasons. This rule would remove, from
its regulations governing mortgages on manufactured homes that are
eligible for FHA insurance, those prescriptive foundation requirements
for manufactured homes and would establish the minimum acceptable
standards nationwide for the installation and set-up of manufactured
homes. The removal of prescriptive requirements eases the burden on
FHA-approved lenders of having to ensure that manufactured homes for
which homebuyers are seeking FHA insurance for their mortgages meet
standards different from the more widely used Model Installation
Standards. Therefore, the undersigned certifies that this proposed rule
will not have a significant economic impact on a substantial number of
small entities, and an initial regulatory flexibility analysis is not
required.
Notwithstanding HUD's determination that this rule will not have a
significant economic impact on a substantial number of small entities,
HUD specifically invites comments regarding any less burdensome
alternatives to this rule that will meet HUD's objectives as described
in this preamble.
Environmental Impact
A Finding of No Significant Impact with respect to the environment
has been made in accordance with HUD regulations at 24 CFR part 50,
which implement section 102(2)(C) of the National Environmental Policy
Act of 1969 (42 U.S.C. 4332(2)(C)). The Finding of No Significant
Impact is available for public inspection between the hours of 8 a.m.
and 5 p.m. weekdays in the Regulations Division, Office of General
Counsel, Department of Housing and Urban Development, 451 Seventh
Street, SW., Room 10276, Washington, DC 20410-0500. Due to security
measures at the HUD Headquarters building, an advance appointment to
review the finding must be scheduled by calling the Regulations
Divisions at (202) 708-3055 (this is not a toll-free number).
Individuals with speech or hearing impairments may access this number
through TTY by calling the toll-free Federal Information Relay Service
at (800) 877-8339.
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Catalog of Federal Domestic Assistance
The Catalog of Federal Domestic Assistance Number (CFDA) for
Manufactured Home Loan Insurance is 14.110, and the CFDA for Mortgage
Insurance (Homes) is 14.117.
List of Subjects
24 CFR Part 201
Claims, Health facilities, Historic preservation, Home improvement,
Loan programs-housing and community development, Manufactured homes,
Mortgage insurance, Reporting and recordkeeping requirements.
24 CFR Part 203
Hawaiian Natives, Home improvement, Indians-lands, Loan programs-
housing and community development, Mortgage insurance, Reporting and
recordkeeping requirements, Solar energy.
Accordingly, HUD proposes to amend 24 CFR parts 201 and 203, as
follows:
PART 201--TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS
1. The authority citation for part 201 continues to read as
follows:
Authority: 12 U.S.C. 1703 and 3535(d).
2. Revise Sec. 201.21(c)(3), to read as follows:
Sec. 201.21 Manufactured home loan eligibility.
* * * * *
(c) * * *
(3) Except for an existing manufactured home that has not been
relocated from the homesite upon which it was originally erected or
installed, the installation or erection of a manufactured home on the
homesite must meet or exceed the requirements set forth in 24 CFR part
3285, the Model Manufactured Home Installation Standards, and all
applicable state and local requirements governing the installation and
construction of the manufactured home foundation system. An existing
manufactured home that has not been relocated from the homesite upon
which it was originally erected must have been installed in compliance
with the manufacturer's requirements for anchoring, support, stability,
and maintenance.
* * * * *
3. Revise Sec. 201.26(b)(4)(iii), to read as follows:
Sec. 201.26 Conditions for loan disbursement.
* * * * *
(b) * * *
(4) * * *
(iii) Except for an existing manufactured home that has not been
relocated from the homesite upon which it was originally erected or
installed, the installation or erection of a manufactured home on the
homesite meets or exceeds the requirements set forth in 24 CFR part
3285, the Model Installation Standards, and all applicable state and
local requirements governing the installation and construction of the
manufactured home foundation system. An existing manufactured home that
has not been relocated from the homesite upon which it was originally
erected has been installed in compliance with the manufacturer's
requirements for anchoring, support, stability, and maintenance.
* * * * *
PART 203--SINGLE FAMILY MORTGAGE INSURANCE
1. The authority citation for 24 CFR part 203 continues to read as
follows:
Authority: 42 U.S.C. 3535(d) and 5301-5320.
2. Amend Sec. 203.43f as follows:
a. Remove paragraph (c)(ii);
b. Redesignate paragraph (b) as paragraph (b)(1) and add paragraph
(b)(2),
c. Redesignate paragraph (c)(i) as paragraph (c)(1) and paragraphs
(c)(iii) through (vi) as (c)(2) through (5), and
d. Revise paragraph (a) and newly redesignated paragraphs (c)(1)
and (c)(5), and paragraph (d).
The amendments read as follows:
Sec. 203.43f Eligibility of mortgages covering manufactured homes.
* * * * *
(a) The manufactured home, when erected on site, shall have floor
space area of not less than 400 square feet and shall have been
constructed in conformance with the National Manufactured Home
Construction and Safety Standards, as evidenced by a certification
label affixed thereto in accordance with 24 CFR 3280.8. A manufactured
home that has been moved from the site upon which it was originally
installed is not eligible for insurance.
(b) * * *
(2) In jurisdictions where compliance with the Model Manufactured
Home Installation Standards, as set forth at 24 CFR part 3285, does not
result in the classification and taxation of the manufactured home as
real estate, the foundation of the home and the manner of its
attachment to the foundation must be adapted in such a manner as to
cause the home to be classified and taxed as real estate, as well as
meet or exceed the requirements of 24 CFR part 3285, in order for the
home to be eligible for mortgage insurance.
(c) * * *
(1) The installation or erection of a manufactured home on the
homesite must meet or exceed the requirements set forth in 24 CFR part
3285 and all applicable state and local requirements governing the
installation and construction of the manufactured home foundation
system, as determined by an inspection performed in accordance with 24
CFR part 3286. The requirement for an inspection performed in
accordance with 24 CFR part 3286 does not apply to FHA-to-FHA
refinancing transactions. The towing hitch or running gear, which
includes axles, brakes, wheels, and other parts of the chassis that
operate only during transportation, shall have been removed. The
elevation of the lowest floor in structures with basements shall be at
or above the Federal Emergency Management Agency (FEMA) designated base
flood elevation (as defined in 44 CFR 59.1) and meet or exceed the
requirements set forth in 44 CFR 60.3(a) through (e). The elevation of
the lowest floor structures without basements shall be at or above the
FEMA-designated base flood elevation and meet or exceed the
requirements set forth in 44 CFR 60.3(a) through (e). Basements or any
permanent enclosure of space below the lowest floor of a structure are
prohibited for manufactured homes located in FEMA-designated ``coastal
high hazard areas.'' For purposes of this rule, the term ``coastal high
hazard area'' has the meaning set forth in FEMA regulations at 44 CFR
59.1. The site, site improvements, and all other features of the
mortgaged property not addressed by the Manufactured Home Construction
and Safety Standards or the Model Installation Standards shall meet or
exceed the Minimum Property Standards (see 24 CFR 200.926 through
200.926d) and applicable state and local government requirements
governing the installation and construction of the manufactured home
supporting foundation.
* * * * *
(5) Section 203.14 of this subpart is modified to the extent
provided in this paragraph. Applications relating to insurance of
mortgages under this paragraph (c) must be accompanied by an agreement
in form satisfactory to the Commissioner executed by the seller or
builder or such other person as the Commissioner may require agreeing
that
[[Page 53350]]
in the event of any sale or conveyance of the dwelling within a period
of one year beginning with the date of initial occupancy, the seller,
builder, or such other person will at the time of such sale or
conveyance deliver to the purchaser or owner of such property the
manufacturer's warranty on a form prescribed by the Commissioner, which
shall provide that the manufacturer's warranty is in addition to and
not in derogation of all other rights and remedies the purchaser or
owner may have, and a warranty in form satisfactory to the Commissioner
warranting that the manufactured home, installation, and all site
improvements are constructed in substantial conformity with the plans
and specifications (including amendments thereof or changes and
variations therein that have been approved in writing by the
Commissioner) on which the Commissioner has based his valuation of the
dwelling. The warranty shall also include provisions that the
manufactured home sustained no hidden damage during transportation, and
if the manufactured home is a double-wide, that the sections were
properly joined and sealed. Such agreement must provide that upon the
sale or conveyance of the dwelling and delivery of the warranty, the
seller, builder or such other person will promptly furnish the
Commissioner with a conformed copy of the warranty establishing by the
purchaser's receipt thereon that the original warranty has been
delivered to the purchaser in accordance with this section.
(d) In the case of a manufactured home that has been permanently
erected on a site for more than one year prior to the date of the
application for mortgage insurance:
(1) The foundation shall meet or exceed the standards set forth in
24 CFR part 3285 and all applicable state and local government
requirements.
(2) The site, site improvements, and all other features of the
mortgaged property not addressed by the Manufactured Home Construction
and Safety Standards or the Model Installation Standards shall meet or
exceed applicable requirements of the Requirements for Existing
Housing-- One to Four Family Living Units (HUD Handbook 4905.1). The
elevation of the lowest floor in structures with basements as defined
in FEMA regulations at 44 CFR 59.1 shall be at or above the FEMA-
designated base flood elevation and meet or exceed the requirements set
forth in 44 CFR 60.3(a) through (e). The elevation of the lowest floor
in structures without basements shall be at or above the FEMA-
designated base flood elevation and meet or exceed the requirements set
forth in 44 CFR 60.3(a) through (e). Basements or any permanent
enclosure of space below the lowest floor of a structure are prohibited
for manufactured homes located in FEMA-designated ``coastal high hazard
areas.''
(3) The manufactured home shall have been occupied only at the
location subject to the mortgage sought to be insured.
Dated: August 14, 2008.
Brian D. Montgomery,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. E8-20787 Filed 9-12-08; 8:45 am]
BILLING CODE 4210-67-P