# 119-s-964: Property Improvement and Manufactured Housing Loan Modernization Act of 2025

119-s-964, Property Improvement and Manufactured Housing Loan Modernization Act of 2025, is a 119th Congress bill sponsored by Sen. Reed, Jack [D-RI] (D-RI); status introduced; PRIA reads it as touching household money (as of 2026-09-27).

- Canonical: https://policyrisk.com/legislation/119-s-964
- As of: 2026-09-27
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-964
- Congress: 119
- Title: Property Improvement and Manufactured Housing Loan Modernization Act of 2025
- Status: introduced
- Introduced: 2025-03-11
- Sponsor: Sen. Reed, Jack [D-RI] (D-RI)
- Cosponsors: 2
- Policy area: Housing and Community Development
- Touches household money: yes
- Last recorded action: 2026-09-27

## Summary

**Expand FHA loan eligibility to finance accessory dwelling units (ADUs)**. The bill would also raise and reorganize loan size caps for property improvements and manufactured homes and require annual indexing and a HUD study of factory-built housing. - Families and homeowners: Would allow Federal Housing Administration loans to pay for the construction of ADUs tied to existing homes and would let HUD set and periodically adjust the principal amounts for those ADU loans. - Manufactured‑home buyers and rehab borrowers: Would raise loan caps across several categories, including purchase caps of about $106,405 for single‑section homes and $195,322 for multi‑section homes, and boost baseline limits for repairs and improvements. - HUD, lenders, and markets: Would move some limit changes from rulemaking to notice processes, require the Secretary to choose indexing methods within 1 year and apply interim indexing, and mandate a HUD study on the cost effectiveness and broader uses of factory‑built housing over a 40‑year analysis period.

## Cosponsors (2)

- Sen. Lummis, Cynthia M. [R-WY] (R-WY), 2025-03-11T00:00:00.000Z
- Sen. Schumer, Charles E. [D-NY] (D-NY), 2025-07-24T00:00:00.000Z

## Provisions PRIA read

- Higher FHA loan limits for homeowners: benefit, high. If enacted, the bill would raise several FHA Title I dollar caps. You could borrow up to $75,000 for repairs or improvements to a single‑family house, including a manufactured home. The bill would set manufactured‑home purchase limits at $106,405 for a single‑section home and $195,322 for a multi‑s…
- FHA loan rules for ADUs and terms: mixed, medium. If enacted, the bill would let FHA Title I loans finance construction of accessory dwelling units, with HUD defining ADU and setting the loan amount. The Secretary would have one year to pick annual indexing methods for loan limits, and the old index would apply in the interim. HUD could set and re…

## Related bills

- 119-s-1748: Kids Online Safety Act
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-2823: FAMILY Act
- 119-s-2763: Keep Billionaires Out of Social Security Act
- 119-s-3869: Healthy Families Act
- 119-s-51: Washington, D.C. Admission Act

## Sources
- [119-s-964 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/964)

## Related
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-2823: FAMILY Act](https://policyrisk.com/legislation/119-s-2823)
- [119-s-2763: Keep Billionaires Out of Social Security Act](https://policyrisk.com/legislation/119-s-2763)
- [119-s-3869: Healthy Families Act](https://policyrisk.com/legislation/119-s-3869)
- [119-s-51: Washington, D.C. Admission Act](https://policyrisk.com/legislation/119-s-51)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-964 (as of 2026-09-27).