The U.S. House of Representatives is scheduled to vote next week on the Preserving Access to Manufactured Housing Act, said the Manufactured Housing Institute (MHI) in a release to members.
“The [Preserving Access, HR 1699] bill addresses federal regulations implementing the Dodd-Frank Act that have jeopardized access to manufactured housing financing, and as a result disrupted the market,” stated their emailed message.
The Preserving Access bill is expected by third party experts to pass the House, but is unlikely to become law per those same observers. The odds of being enacted into law are more than 4 to 1 against it, per GovTrack.
See examples, below.
Facts, Fact Checks, and Questions Industry, MHI Should Answer
The industry needs to see what the anti-Preserving Access forces have lined up. That opposition has already teed up allegations of racism, and predatory lending as the tools they will use in the U.S. Senate to stop Preserving Access.
With a new pro-business President Trump era, the landscape changed in Washington, D.C. changed. Why hasn’t MHI pivoted along with that changing D.C. landscape? Is Preserving Access the best way for millions in members dues and PAC money to be spent today?
Warren Buffett has said, as quoted in the report linked below, that chains of habit are hard to break. Buffett has also warned that people fail to learn the lessons of history. Is over 5 years of failure to pass Preserving Access enough history to learn from?
“Perverse”–Warren Buffett-Dodd-Frank, CFPB, Manufactured Housing, Loans, Independent Businesses Fact Check$
Why doesn’t MHI pivot, becoming more pro-active as former chairman, Nathan Smith of SKK Communities said in the video below that he wanted for the industry’s ‘national umbrella association’…?
MHI award winner, Marty Lavin has urged the industry to “follow the money” – think see who benefits, why and where those dollars flow – and “pay more attention to what people do than what they say.”
Are Lavin’s words good advice for MHI members?
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.