In today’s troubled housing market, the need for more affordable housing solutions is clear. Low- and moderate-income families, as well as senior citizens on fixed incomes are particularly vulnerable to the volatility of pricing, as more and more land is being converted into expensive vacation homes and upscale condos.
ICFA has found great success in assisting qualified nonprofit organizations to acquire and manage multi-family housing communities, including manufactured home parks.
By keeping the cost of money low, ICFA paves the way for these organizations to provide quality housing at rates well below the open market. This, in turn, helps low and moderate income families and senior citizens remain engaged as valued members of the community.
In addition to working with nonprofits, ICFA helps homebuyers with down payments and closing costs.
For more information, download our Manufactured Homes Brochure here.