The House Financial Services Subcommittee on Housing and Community Opportunity on Wednesday studied the progress of the Making Home Affordable Program (MHA Program).

On March 4, 2009, the Obama Administration introduced MHA Program to stabilize the housing market and reduce monthly mortgage payments for Americans. The program aimed to help 3-4m homeowners, and so far 15% of eligible homeowners — or 2.7m — received help after six months, according to Federal Housing Administration (FHA) commissioner David Stevens.


tvsterling at 08:41 2009-09-10 said:
The real answer for affordable owner inhabited housing is modular housing. Stick built houses should become luxury items. Labor costs are too high for stick built homes. Only the local codes prevent this from happening. Modular is universally zoned out. This is at least as important as health care reform. Permalink

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