Manufactured and Modular Housing News

City Moves Manufactured Homes, Installs them Improperly Read More

City Moves Manufactured Homes, Installs them Improperly

By Matthew Silver / June 3, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes

The North Dakota Manufactured Housing Association (NDMHA) is questioning the city of Minot’s decision relocating manufactured homes out of Odd’s Mobile Home Park to make way for a proposed flood protection project, according to minotdailynews. Kent French, association member in charge of governmental affairs, said the city used state and

Skyline Advances +3.13 Percent, as Northstar Realty Falls -3.71 Percent Read More

Skyline Advances +3.13 Percent, as Northstar Realty Falls -3.71 Percent

By Matthew Silver / June 3, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Economy adds only 38,000 jobs in May, the lowest n six years, although unemployment rate falls to 4.7 percent. Hamas founders’ gay grandson finds refuge in U. S. Delta is making all in-flight entertainment free. Court says U. S. Women’s Soccer team cannot strike. Teen

New York Commits $59 Million to Rehab/Replace Housing, including Manufactured Homes Read More

New York Commits $59 Million to Rehab/Replace Housing, including Manufactured Homes

By Matthew Silver / June 3, 2016 / Awards, home buyers, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from thedailynewsonline that New York Gov. Andrew Coumo has announced $59 million in funds to rehabilitate, construct and otherwise contribute to a decent place to call home for income eligible applicants who own their own homes, including replacing manufactured homes. Operated through the New York State Homes

MHARR’s Mark Weiss Chides the DOE and MHI for their “Buddy System” Read More

MHARR’s Mark Weiss Chides the DOE and MHI for their “Buddy System”

By Matthew Silver / June 3, 2016 / home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, Small Business

The Department of Energy (DOE) sent the Manufactured Housing Institute (MHI) a copy of the proposed new energy standards rule before its official publication, leading MHProNews and MHLivingNews publisher L. A. “Tony” Kovach to contact M. Mark Weiss, the President and CEO of the Manufactured Housing Association for Regulatory Reform

Manufactured Home Lender Opening Branch in Jupiter, Fla. Read More

Manufactured Home Lender Opening Branch in Jupiter, Fla.

By Matthew Silver / June 2, 2016 / Business, Company News, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

Fannie Mae/Freddie Mac seller/servicer and Ginnie Mae issuer, Platinum Home Mortgage tells MHProNews it has opened a branch in Jupiter, Florida, its seventh new location this year. In addition to an in-house manufactured home financing program, the bank will offer conventional, non-qualified mortgage, Federal Housing Administration (FHA), Veterans Affairs, U.

Spruceland of Canada now Divested of its Two Manufactured Home Communities Read More

Spruceland of Canada now Divested of its Two Manufactured Home Communities

By Matthew Silver / June 2, 2016 / Announcements, Business, Canada, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Following a post MHProNews last covered Dec. 17, 2015 regarding Spruceland Properties, Inc.’s disposition of its assets, as of June 1, 2016 it has finalized the sale of its two manufactured home communities for $40.6 million. Jubilee Landing in Sherwood Park, Alberta, and Willow Park Estates in Leduc, Alberta went

MH-related Stocks, Dow, NASDAQ and S&P Nudge a Little Up, a Little Down

By Matthew Silver / June 2, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: United Airlines unveils luxury business cabin. OPEC continues to flood market with oil. Saudi Arabia says $60 oil is coming soon. European airline Ryanair slashing some baggage fees by jup to 50 percent. Don’t write off American oil boom yet. CEO of JPMorgan Chase, Jamie

Housing Counseling Advisory Committee Created by HUD Read More

Housing Counseling Advisory Committee Created by HUD

By Matthew Silver / June 2, 2016 / Advocacy, home buyers, Manufactured and Modular Housing News

In an effort to determine more methods of providing counseling for new homebuyers and troubled homeowners, the U. S. Department of Housing and Urban Development (HUD) has created a new Housing Counseling Federal Advisory Committee as mandated by the Dodd-Frank Act. Made up of three representatives from each of the

Commercial Interest in Green Growing, but not for Home Buyers Read More

Commercial Interest in Green Growing, but not for Home Buyers

By Matthew Silver / June 2, 2016 / Business, Economy, Green, home buyers, Manufactured and Modular Housing News, Trends

A survey of 150 homebuyers by the National Association of Home Builders (NAHB) revealed they have remained consistent in their preferences for green features in their homes and their communities from 2007 to 2015. Similar to results from previous years, of those surveyed 90 percent said ENERGY STAR were important,

Small Texas Town is Manufactured Home Friendly Read More

Small Texas Town is Manufactured Home Friendly

By Matthew Silver / June 2, 2016 / Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Three possible manufactured home (MH) siting requests were on the agenda for the City Council of Jourdanton (Texas) Board of Adjustment’s public hearing meeting May 16, as related to MHProNews by pleasantonexpress. The first was for a variance to the zoning ordinance to install a manufactured home at 1906 “A”

UMH Community Hosting Baseball Legend “Doc” Gooden ; UMH Chair to Present at NAREIT Read More

UMH Community Hosting Baseball Legend “Doc” Gooden ; UMH Chair to Present at NAREIT

By Matthew Silver / June 1, 2016 / Announcements, Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes, People

UMH Properties, Inc. (NYSE:UMH) announces it will host three-time champion World Series pitcher Dwight “Doc” Gooden on June 18, 2016 at the manufactured home community owner’s Kinnebrook Estates in Monticello, New York. Gooden will sign fans’ sports memorabilia or a free photo of the storied pitcher that attendees will receive

Tremont Realty Secures $6.6M refi for New York MHC Read More

Tremont Realty Secures $6.6M refi for New York MHC

By Matthew Silver / June 1, 2016 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from rebusinessonline that John Chase of Tremont Realty Capital has arranged a $6.6 million refinance loan for Oakland Ridge MHC (manufactured home community) in Riverhead, New York, on Long Island. The non-recourse loan for the 100 home site community was structured with a ten-year term and a

Nobility Homes Gains 3.70%; Skyline Falls 6.59 % Read More

Nobility Homes Gains 3.70%; Skyline Falls 6.59 %

By Matthew Silver / June 1, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Car rental companies must repair recalled cars. 36,000 striking Verizon workers may affect monthly jobs report. Saudi Arabia invests $3.5 billion in Uber as it diversifies away from oil. Among some of the harshest critics of Trump University were people who once worked there. Jeff

From Surfboard Builder to Sustainable Home Builder Read More

From Surfboard Builder to Sustainable Home Builder

By Matthew Silver / June 1, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

A longtime builder of surfboards in Australia, Nev Hyman became increasingly concerned about plastic waste he saw in the ocean, which led him to consider building inexpensive housing from recycled materials, as mashable informs MHProNews. Initially, he wanted to build homes using plastics, so he invested in a plastics recycling

Rep. Hensarling’s Talk will Lay Groundwork for Replacing Dodd-Frank Read More

Rep. Hensarling’s Talk will Lay Groundwork for Replacing Dodd-Frank

By Matthew Silver / June 1, 2016 / Announcements, Events, Finance, Legal, Legislation, Manufactured and Modular Housing News, People

MHProNews has been notified by financialservices.house.gov that House Financial Services Committee Chairman Jeb Hensarling (R-TX), will outline the Republican plan for replacing the Dodd-Frank Act to stimulate economic growth in a speech to the Economic Club of New York on Tuesday, June 7. The meeting will be held at the