News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
The Senate has passed H. R. 3700, as the Manufactured Housing Institute (MHI) informs MHProNews, the Housing Opportunity through Modernization Act (HOTMA), which will allow Section 8 vouchers to be used for the purchase of a manufactured home (MH). The House of Representatives passed the legislation in February, and President […]
Senate Passes Bill to Allow MH Purchase with Section 8 Vouchers Read More
In the news from CNNMoney: Bulls are alive and well, maybe driving the Dow to 20,000. Investors prefer Clinton over Trump. Von Miller of the Denver Broncos becomes the highest paid defensive player in history, inking a $114.5 million deal. Drone helped find man suffering from heart attack. Starbucks, McDonald’s
Dow Slips from Record High; Deer Valley Corp. Tops Gain Column Read More
In an attempt to reach out to the 18 to 30 year old voter demographic (though she leads Trump by double, 45 percent are undecided), Democratic presumptive presidential candidate Hillary Clinton is offering free in state college education for families making up to $125,000 a year. She also advocates raising
Congressional Budget Office: America Taxing Itself into Poverty Read More
Darlington County, South Carolina is losing $7,800 each year to manufactured home (MH) residents not registering their homes, according to legistarweb-production, prompting the county to amend an ordinance that will re-define exceptions for registration of mobile and manufactured homes. Currently, temporary registration may be obtained for manufactured homes stored because
Manufactured Home Ordinance Redefines MH Registration in South Carolina Read More
While the Calcasieu Parish police jurors in southwestern Louisiana approved a new 336-site manufactured home community (MHC) by a vote of 13 to 1, as MHProNews reported June 25, 2016, kplctv reports another proposal for a 987-homesite, also in Calcasieu Parish, is running into stiff opposition from a neighborhood organized
Large Manufactured Home Community Planned for Southwestern Louisiana Read More
Two Elkhart, Indiana-based companies involved in the production of recreational vehicles (RV) have been named to the list of the nation’s best 50 manufacturers. IndustryWeek, a national trade publication, annually ranks manufacturers on factors that include total revenue, growth and inventory turnover. RV manufacturer Thor Industries was named fifth in
Drew Industries Included in Top 50 U. S. Manufacturers Read More
MHProNews has learned from cnjonline that residents in eastern New Mexico are being warned about improperly installed gas furnaces in manufactured homes that can emit carbon monoxide and possibly lead to an explosion. The Construction Industries and Manufactured Housing Division (CID/MHD) of the Regulation and Licensing Department of New Mexico
Gas Furnaces in some New Mexico MH Pose Risk Read More
In the news from CNNMoney: Trump and Pense share contempt for media. 100,000 oil jobs could be returning. 300 pound mall robot rolls over toddler. Rio mayor wants Pokemon Go played at Olympics. Hackers steal millions from ATMs without using a card. Larry Fink, CEO of BlackRock, the world’s largest
NorthStar Advances 2.28%; Dow gains 134 points, Hits New High Read More
Noting the Department of Energy’s new proposal is critical to the manufactured home industry because “it is genuinely draconian and will have a drastically negative impact,” the Manufactured Housing for Regulatory Reform’s (MHARR) Mark Weiss, says its final adoption can be stopped with enough pushback. Commenting on a meeting at
MHARR Issues a Call to Arms to Defeat the Enactment of DOE’s New Proposal Read More
Having achieved statehood in 1816, in celebration of Indiana’s Bicentennial, greenfieldreporter has assembled a group of notable sites around the state worth a visit, such as female author Gene Stratton Porter’s house just outside Rome City that she helped build; and in Shelbyville, one of the last drive-in movie theatres
RV and Mfg. Home Hall of Fame Museum on Indiana Must Visit List Read More
The U. S. Department of Housing and Urban Development (HUD) has awarded over $5 million to 42 local public housing authorities (PHAs) who are actively working to end homelessness among veterans. The additional funds will help these PHAs administer a joint program with HUD and Veterans Affairs to provide permanent
HUD Funding Local Housing Authorities to House Homeless Vets Read More
The Xactly Corporation, a cloud-based company that specializes in increasing employee performance by incentivizing them and keeping their behavior in line with company goals, has been chosen by Sun Communities, Inc. (NYSE:SUI) to speed the sales compensation process and enhance workflows. “Xactly will standardize our workflows and greatly improve internal
Sun Communities Aims to Streamline Compensation and Enhance Workflows Read More
The Consumer Financial Protection Bureau and Director Richard Cordray dodged a legal bullet when U. S. District Judge Ellen Segal Huvelle in Washington ruled a challenge to Cordray’s authority by Big Springs National Bank of Big Spring, Texas did not have merit. The bank filed the suit in 2012, claiming
CFPB Director Cordray’s Rulings Pre-Confirmation Survive Challenge Read More
While many on both sides of the aisle recognize the importance of reforming the secondary housing finance system, 32 Congressional Democrats sent a letter to Federal Housing Finance Agency (FHFA) Director Mel Watt saying the government-sponsored enterprises’ (GSEs) capital base, which is set to expire in 2018, sends out a
Calls for Housing Finance Reform Continue to Resound Read More
In the news from CNNMoney: Britain’s new Prime Minister, Theresa May, can save U. K. from crisis. China hacked the FDIC and the U. S.government covered it up. Trump U ‘top’ teacher’s job was to sell, not teach. Apple is making a reality TV show. Tesla reveals ‘cheaper’ Model X
MHCV Ends Day above 1500; Patrick Falls more than other Tracked Stocks Read More
New Zealand’s home builder Lite Green Projects is collaborating with Melbourne, Australia-based modular builder Habitech Systems to deliver super-insulated modular houses across the Tasman District, an area at the northern end of South Island of New Zealand. Andrei Martin of Lite Green said Habitech’s panel system provides high performance energy
Aussie and New Zealand Firms Collaborate on Modular Homes Read More
Filipino real estate developer “Robbie Antonio defines the art of living by living with art,” writes Keren Blankfeld in Forbes. Antonio launched Revolution Pre-crafted Properties with the aim of offering designer class to his nation’s middle class. “I want the homes to be perceived as art pieces,” Antonio says of
Revolution Pre-Crafted Properties launched Classy Modular Homes for Masses Read More
Marketwatch’s Joseph Adinolfi points out that as new highs are hit on the Dow, that investors have actually been selling for months. “Investors have pulled the equivalent of $133 billion from global equity funds so far this year, according to a weekly fund flows report from Bank of America Merrill
Manufactured Housing Composite Value passes 1525, but Investors Keep selling Read More
While the negative equity rate is five times higher than it was in 2004, during the first quarter of this year 425,000 borrowers who were once underwater regained equity, according to what Black Knight Financial Services tells nationalmortgagenews, leaving just 2.8 million borrowers in negative equity. Black Knight’s Home Price
425,000 more Underwater Borrowers now Floating again Read More
Social Housing Minister Paula Bennett of New Zealand says the government is moving ahead with plans to build modular social (low income) housing as part of a comprehensive plan to increase the housing supply in Auckland and provide housing for the more vulnerable. Most of the homes will be one
New Zealand Government Providing Modular Affordable Housing Read More
