Make homeownership affordable for your family

(StatePoint) If homeownership feels like it’s beyond your reach, don’t throw in the towel just yet on the American dream. In the face of an ever-widening housing affordability gap, there are options you may not have considered, say experts.

“Manufactured homes are commonly available at lower monthly payments than what it costs to rent, providing an affordable path to homeownership for millions of Americans,” says Richard Jennison, president and CEO of the Manufactured Housing Institute (MHI).

Indeed, nationwide, there are 8.6 million manufactured homes, representing nearly 10 percent of the na...