
<PAGE>   1
                                                                    EXHIBIT 21.1



                         SUBSIDIARIES OF THE COMPANY



        Name of Subsidiary(s)                           Names under which
[state of incorporation or organization]                  business done

Champion Home Builders Co. [Michigan]                   Atlantic Homes
                                                        Titan Homes
                                                        Gateway Homes
                                                        Summit Crest Homes
                                                        Advantage Homes
                                                        Redman Home Builders
                                                        Genesis Homes
Chandeleur Homes, Inc. [Michigan]                                -
Crest Ridge Homes, Inc. [Michigan]                               -
Dutch Housing, Inc. [Michigan]                          Fortune Homes
Fleming County Industries, Inc. [Kentucky]              Bluegrass Housing
Grand Manor, Inc. [Michigan]                            Grand View Homes
Homes of Legend, Inc. [Michigan]                                 -
Homes of Merit, Inc. [Florida]                                   -
Moduline International, Inc. [Washington]                        -
  Lamplighter Homes, Inc. [Washington]                           -
  Lamplighter Homes (Oregon), Inc. [Oregon]                      -
  Moduline Industries (Canada) Ltd.                     New Horizon Homes
   [British Columbia,Canada]
Redman Industries, Inc. [Delaware]                               -
  Redman Homes, Inc. [Delaware]                         Champion Homes
                                                             Moduline Industries
                                                                   Genesis Homes
  Western Homes Corporation [Delaware]                  Silvercrest Homes
                                                                   Genesis Homes
Champion Retail, Inc. [Michigan]                                 -
  59 wholly-owned subsidiaries of this entity operate in
  the retail business of manufactured housing or related
  finance and insurance activities in the United States
  (none in foreign countries)
HomePride Finance Corp. [Michigan]                               -
Champion Development Corp. [Michigan]                            -
  18 wholly-owned or majority-owned subsidiaries
  of this entity operate in the manufactured housing
  development business in the United States
  (none in foreign countries)


Companies not included above, if considered in the aggregate as a single
subsidiary, would not constitute a significant subsidiary.

                    ----------------------------------------
