,,ii #aaith ,,congress #ast ,session ,s4 #bdhi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,july #bh1 #bjbe ,ms4 ,warren 7for herself and ,mr4 ,banks7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to conduct a review of ,federal ,housing ,administration construction financing programs1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,modular ,housing ,production ,act4 #b4 ,definitions ,in this ,act3 7#a7 ,manufactured home ,the term manufactured home has the meaning given the term in section #fjc of the ,national ,manufactured ,housing ,construction and ,safety ,standards ,act of #aigd 7#db ,u4,s4,c4 #edjb74 7#b7 ,modular home ,the term modular home means a home that is constructed in a factory in #a or more modules1 each of which meet applicable ,state and local building codes of the area in which the home will be located1 and that are transported to the home building site1 installed on foundations1 and completed4 7#c7 ,secretary ,the term ,secretary means the ,secretary of ,housing and ,urban ,development4 #c4 ,,fha construction financing programs 7a7 ,in general ,the ,secretary shall conduct a review of ,federal ,housing ,administration construction financing programs to identify barriers to the use of modular home methods4 7b7 ,requirements ,in conducting the review under subsection 7a71 the ,secretary shall-- 7#a7 identify and evaluate regulatory and programmatic features that restrict participation in construction financing programs by modular home developers1 including construction draw schedules2 and 7#b7 identify administrative measures authorized under section #ebe of the ,national ,housing ,act 7#ab ,u4,s4,c4 #agce;f-#c7 to facilitate program utilization by modular home developers4 7c7 ,report ,not later than #a year after the date of enactment of this ,act1 the ,secretary shall publish a report that describes the results of the review conducted under subsection 7a71 which shall include a description of programmatic and policy changes that the ,secretary recommends to reduce or eliminate identified barriers to the use of modular home methods in ,federal ,housing ,administration construction financing programs4 7d7 ,rulemaking 7#a7 ,in general ,not later than #abj days after the date on which the ,secretary publishes the report under subsection 7c71 the ,secretary shall initiate a rulemaking to examine an alternative draw schedule for construction financing loans provided to modular and manufactured home developers1 which shall include the ability for interested stakeholders to provide robust public comment4 7#b7 ,determination ,following the period for public comment under paragraph 7#a71 the ,secretary shall-- 7,a7 issue a final rule regarding an alternative draw schedule described in paragraph 7#a72 or 7,b7 provide an explanation as to why the rule shall not become final4 #d4 ,standardized uniform commercial code for modular homes 7a7 ,award ,the ,secretary may award a grant to study the design and feasibility of a standardized uniform commercial code for modular homes1 which shall evaluate-- 7#a7 the utility of a standardized coding system for serializing and securing modules1 streamlining design and construction1 and improving modular home innovation2 and 7#b7 a means to coordinate a standardized code with financing incentives4 7b7 ,authorization of appropriations ,there is authorized to be appropriated such funds as may be necessary to carry out subsection 7a74