Manufactured and Modular Housing News

Clayton Homes Father & Son Support Educational Efforts Read More

Clayton Homes Father & Son Support Educational Efforts

By Matthew Silver / March 31, 2016 / Company News, Manufactured and Modular Housing News, Manufactured Homes, People

Knoxville’s local8nowwvlt tells MHProNews that Jim Clayton, the founder of Clayton Homes donated $10,000 in a matching grant for students studying philanthropy at the University of Tennessee in Knoxville. The Haslam College of Business focuses on nonprofit leadership and social entrepreneurship to learn charitable giving. The students will distribute a

Modular Home Development may Result from a Housing Incentive Program Read More

Modular Home Development may Result from a Housing Incentive Program

By Matthew Silver / March 31, 2016 / Business, Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Modular

Following an unanimous vote by the Village Board of Trustees, Mayor Trevor Bissey of Clay City, Illinois announced the Clay City Residential Housing Incentive Program (RHIP), which will enable owners and developers wanting to build new homes or site modular homes in the Village, to utilize several property and sales

Judge Garland has Ruled against Small Employers in the Past Read More

Judge Garland has Ruled against Small Employers in the Past

By Matthew Silver / March 31, 2016 / Legal, Manufactured and Modular Housing News, People

Tom Scott, the California Executive Director of the National Federation for Independent Business (NFIB), writing in ocregister, says President Obama’s choice for the Supreme Court, Merrick Garland, has a history of ruling against small business, siding overwhelmingly with regulators, labor unions, trial lawyers and environmental activists. Noting Judge Garland would

Patrick Falls -6.49 Percent, while Skyline Advances +2.32 Percent Read More

Patrick Falls -6.49 Percent, while Skyline Advances +2.32 Percent

By Matthew Silver / March 31, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Economic collapse worse than feared in Brazil. Puerto Rico might have to cut its minimum wage. Dow gains 1200 points in March. Standard & Poor says China will require more time than originally anticipated to implement economic reforms. Oil crunch has hurt defense budgets of

Hedge Funders Actively Trading in Cavco Stock Read More

Hedge Funders Actively Trading in Cavco Stock

By Matthew Silver / March 31, 2016 / Business, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, Stocks

MHProNews has learned from sussexpilot that Robotti Robert sold 6,025 shares of Cavco Industries, Inc. (CVCO), according to the most recent filing, and now holds 180,427 shares valued at $16.2 million. Cavco now comprises 6.77 percent of Robotti’s portfolio. Other hedge funds reported trading in Cavco stock include Parametric Portfolio

Town Wants Exemption from Law that Disallows Manufactured Homes as Affordable Read More

Town Wants Exemption from Law that Disallows Manufactured Homes as Affordable

By Matthew Silver / March 31, 2016 / Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

The affordable housing state law Chapter 40B that requires ten percent of a municipality’s housing stock in Massachusetts to be considered affordable, does not now include manufactured homes (MH), even though the income eligibility of MH residents is met. Officials of Carver, MA are seeking an exemption from that rule

UMH Properties to Release Q1 Financials Read More

UMH Properties to Release Q1 Financials

By Matthew Silver / March 30, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from prnewswire that manufactured home community (MHC) owner UMH Properties, Inc. will release first quarter 2016 financial results after the market closes on Mon., May 9, 2016, followed by a conference call to discuss the results the next day, Tue., May 10 at 10:00 AM eastern standard

Most MH-related Stocks quiet, but Patrick Gains +2.38 Percent

By Matthew Silver / March 30, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: India would be delighted to take the extra oil being pumped by OPEC. Stocks hit highest level in 2016. Possible sabotage to oil pipelines in North Africa advancing prices. U. S. consumer spending rises, but income has fallen. Boeing is cutting 4,000 jobs. AP refutes

100th Manufactured Home Sited on Pine Ridge Reservation Read More

100th Manufactured Home Sited on Pine Ridge Reservation

By Matthew Silver / March 30, 2016 / Communities, Manufactured and Modular Housing News, Manufactured Homes

MHProNews last posted a story Oct. 14, 2015 regarding FEMA manufactured homes (MH) arriving at Ellsworth Air Force Base in South Dakota, as a staging area to distribute them to flood victims from May 2015 storms on the Pine Ridge Indian Reservation. A major milestone has been reached with the

Land Lease Community Owner running for Maine Senate Read More

Land Lease Community Owner running for Maine Senate

By Matthew Silver / March 30, 2016 / Communities, Manufactured and Modular Housing News, Manufactured Homes

Guy Lebida, owner and manager of the Bowdoin Pines Mh Park in Bowdoin, Maine, is running for the Maine Senate, District 23, representing Sagadahoc County and Dresden. A Republican, if elected he would focus on welfare reform, decreasing energy costs and lowering taxes, according to centralmaine. According to a news

Manufactured Home Community may Expand to Increase Affordable Housing Read More

Manufactured Home Community may Expand to Increase Affordable Housing

By Matthew Silver / March 30, 2016 / Business, Communities, Company News, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular

Several possibilities are being bandied about in an attempt to increase affordable housing in the middle Roaring Fork Valley around Basalt, Colorado, just northwest of Aspen. One project that complies with Basalt’s affordable housing requirements envisions 60 small single-family homes and 96 multi-family units in four separate buildings. Meanwhile, the

Modular Container Homes Proposed for Homeless in BC Canada Read More

Modular Container Homes Proposed for Homeless in BC Canada

By Matthew Silver / March 29, 2016 / Canada, Factory-Built Homes, Manufactured and Modular Housing News, Modular

A new Kelowna, British Columbia, Canada company intends to capitalize on the housing shortage in this city east of Vancouver by converting shipping containers into homes, as globalnews.ca tells MHProNews. Honomobo owner Devon Siebenga said his homes will range in size from 320 to 649 square feet, by combining up

NextStep Sponsors Lending to Buyers of EnergyStar Manufactured Homes Read More

NextStep Sponsors Lending to Buyers of EnergyStar Manufactured Homes

By Matthew Silver / March 29, 2016 / Business, Finance, Green, home buyers, Manufactured and Modular Housing News, Manufactured Homes

Forcht Bank of London, Kentucky has joined the SmartMH KY Alliance, an initiative to provide increased access to EnergyStar manufactured homes through flexible loan plans that save MH (manufacture home) owners money, while assuring them of low utility bills in the future, saving thousands over the life of the home.

Skyline Corp. Shines for 3rd Consecutive Day; All Active MH Stocks Rise Read More

Skyline Corp. Shines for 3rd Consecutive Day; All Active MH Stocks Rise

By Matthew Silver / March 29, 2016 / Business, Manufactured and Modular Housing News, Stocks

In the news from CNNMoney: Fed Chair Janet Yellen says global risks could damage U. S. Delta pilots seeking 40 percent pay hike. U. S. has lost five million manufacturing jobs since 2000. Fracking leaves 7.9 million in jeopardy in parts of Texas and Oklahoma, exposing them to risk similar

Three Week Construction Time for Modular Homes in UK Read More

Three Week Construction Time for Modular Homes in UK

By Matthew Silver / March 29, 2016 / Business, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Vanbrugh Construction in Wolverhampton, in the West Midlands area of the United Kingdom, hopes to obtain contracts to build more steel-framed modular housing as it nears receiving Local Authority Building Control for its system. Four years into building modular housing, the company’s latest project is two three-bedroom homes in Wessex

Pending Home Sales Rise in February Read More

Pending Home Sales Rise in February

By Matthew Silver / March 29, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Trends

The National Association of Realtors (NAR) reports its pending home sales index of existing homes rose 3.5 percent in Feb., to 109.1, the highest level in seven months, as cnbc tells MHProNews. With Jan.’s rate revised to indicate a three percent decline, lower than initially perceived, the fluctuating numbers make