The recently enacted Housing Opportunity through Modernization Bill (2016) (the “ACT”) , allows HUD Section 8 vouchers to be used to make mortgage payments and to pay property taxes and insurance on manufactured homes. A Section 8 voucher can now be used to cover the cost of purchasing a manufactured home rather than only for rental payments. I am recommending to lenders offering this loan product, including those in the fintech space, to make borrowers aware of this new loan structure. Additionally, this law will provide a new market for companies in the manufactured housing industry. The Act includes reforms to the Federal Housing Administration (“FHA”) condominium program. Some of the changes include: 1. FHA’s certification requirements for condo projects: 2.more commercial space in agency-approved condo buildings and 3. revisions to current owner-occupancy requirements.