Guild Mortgage has listed the first two homes from its Making Paradise Home Initiative.
The affordable, sustainable manufactured homes are available for sale in Paradise, Calif., the community hardest hit by the deadliest and most destructive wildfire in the state’s history.
In January 2023, Guild announced its Making Paradise Home Initiative in partnership with Clayton Homes, Golden West Homes of Chico and Redline Installation to build four CrossMod Homes to help educate residents about the benefits of manufactured housing, while helping to rebuild the community.
Through the Making Paradise Home Initiative, Guild will sell the homes to aspiring homeowners and qualified borrowers. The initiative’s third home is nearing completion and additional homes are planned to be built over the next year. At least one of the initiative’s CrossMod homes will remain open for educational tours.
“Making Paradise Home is about more than just disaster recovery, we’re working to close the homeownership gap by making homeownership more attainable and accessible,” says David Battany, executive vice president of capital markets for Guild Mortgage, in a release. “While we’re using this initiative to help rebuild a community devastated by fire and to ensure Paradise residents can settle down and feel at home again, we will continue to educate and promote affordable homeownership not just in Paradise, but from coast to coast.”