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They also had $92.3 million in manufactured home park loans at variable rates, typically 4% over prime. [5] [3] In 2018–2019, Legacy acquired five plots of land to develop into manufactured home communities, including 400 acres near Austin, Texas for $4.4 million in April 2018. [3]
That same month, Clayton Homes announced that it would partner with nonprofit Next Step to build a modular duplex in Waco, Texas on a lot owned by NeighborWorks Waco in order to create affordable housing in the Greater Waco area. [41] In 2016, Clayton Homes was recognized as number 292 on Forbes' list of America's Best Employers. [42]
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
The Texas Department of Housing and Community Affairs (TDHCA) is the state's lead agency responsible for homeownership, affordable rental housing, community and energy assistance programs, and colonia activities serving primarily low income Texans. The Manufactured Housing Division of TDHCA regulates the manufactured housing industry in Texas.
East Texas is home to the Texas Country Music Hall of Fame, located in Carthage. East Texans enjoy a range of music that is influenced by gospel, bluegrass, blues, rock, country, soul, rhythm and blues, Cajun, etc. Texas blues originated in East Texas, with many legends having been born in the region, including Lightnin' Hopkins and T-Bone Walker.
Mobile homes are designed and constructed to be transportable by road in one or two sections. Mobile homes are no larger than 20 m × 6.8 m (65 ft 7 in × 22 ft 4 in) with an internal maximum height of 3.05 m (10 ft 0 in). Legally, mobile homes can still be defined as "caravans".
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