Manufactured Home Initiative helps keep existing affordable housing available

Sep 18, 2024 | by

Keyris Manzanares at VPM has a look at the impact of the Manufactured Home Initiative and a proposal for more funding:

That’s why Richmond turned to housing nonprofit project:HOMES to legally provide funding for repairs in 2022 and establish the Manufactured Home Initiative.

Nicole Storm, director of fund development and mission advancement at project:HOMES, told VPM News that the organization completed repairs at 20 homes in fiscal year 2024. On average, each home received about $11,000 in repairs.

During the budgeting process for FY 2025, Addison said he introduced an amendment to ensure $800,000 in additional funding for the initiative. The funding is contingent on a study exploring the state of mobile home parks, and sustainable options for maintenance and repairs.

IMAGE via Apartments.com




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