As expected, the highest energy cost, almost $1500 per year (mostly heating), shown in Figure 3, is the current
HUD-code home in Chicago (HUD Climate Zone 3) with electric resistance heating.
The ZEMH is not commercially available but represents the nation's most efficient
HUD-code home. The researchers conducted detailed monitoring and field testing of the HVAC systems on these homes, and have included CAHP heat pump performance evaluations in this paper.
Meanwhile, in response to delinquency and repossessions, lenders have tightened the rules for the chattel, or personal property, financing traditionally used for
HUD-code home purchases.
In 2001, the average
HUD-code home was 1,496 square feet and wholesaled for $39,024.
HUD-code homes have stringent standards for energy efficiency, ventilation and wind resistance--up to 110 miles per hour for homes in hurricane-prone areas.
The industry estimates it provided some 4,000 or so temporary
HUD-code homes in 2004.
These homes come with the seal of approval from the Department of Housing and Urban Development (HUD) and are often referred to as
HUD-Code homes.
That may sound like crazy talk to a conventional on-site builder, but the people who make
HUD-code homes in factories know exactly what it means.
We should see an average of 1.8 million housing starts (not including manufactured or
HUD-code homes) annually over the next decade, according to a new 10-year forecast by the Homeownership Alliance.
Luckily for Champion and its customers, financing options for
HUD-code homes may be improving.
Modular manufacturers argue that
HUD-code homes give factory-built housing a bad rap.
Fels, meanwhile, points to a ban on wood entry doors while the code still allows exterior French doors, and the apparent contradiction of requiring concrete gable walls on site-built homes while the sale of
HUD-code homes continues unabated.