The differences are that because the homes are built with a lot of volunteer labor and donated materials, the total cost is reduced, there is no interest and there is a 1% down payment, according to Quad-City Times.
Real Estate
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Habitat for Humanity offers no-interest mortgage
February 18, 2013, 11:31am
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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HUD would permit multi-story manufactured homes without a permanent chassis
HUD proposes expanding manufactured home rules for multi-story designs, allowing upper sections without a chassis that can cost $5,000 to $10,000.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio