Manufactured and Modular Housing News

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.

Affordable Modular Units Planned for Old Apartment Building Site

MHProNews has learned from 24dash in the United Kingdom that low-income housing group Incommunities, in collaboration with construction specialists in the Netherlands, are wrapping up plans to build six modular homes in Manningham, to be sited on part of the Green Lane development property. Six modules will be needed to …

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Most Manufactured Home-related Stocks Gain; MHCV Edges Up

In the news from CNNMoney: Saudi Arabia in cash crunch. Parisians work 35 hours a week, have 29 days paid vacations. Workers in Hong Kong put in over 50 hours a week. Prices fall again in Europe. Hurricane Joaquin causing storm preparation stocks to surge. Meanwhile, the Yahoo Manufactured Housing …

Most Manufactured Home-related Stocks Gain; MHCV Edges Up Read More

Belgium Mini Modular Suitable for Singles or the Elderly

Made from cross-laminated lumber, Belgian firm Skilpod is producing small, modular inexpensive homes specifically designed for those, young and old, who want smaller homes. Designed in partnership with UAU Collective, the homes can be zero energy or energy positive with the use of solar panels, and may be useful for …

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Rep. Jeb Hensarling Opens the Semi-annual CFPB Hearing

The House Financial Services Committee (HFSC) tells MHProNews the committee’s chairman, Rep. Jeb Hensarling (R-TX), delivered an opening statement in advance of the hearing on the semi-annual report of the Consumer Financial Protection Bureau (CFPB) with CFPB Director Richard Cordray. Noting a recent series of hearings before the HFSC revealed …

Rep. Jeb Hensarling Opens the Semi-annual CFPB Hearing Read More

Montana non-profit Helps Manufactured Home Community Residents Form Co-ops

In 2013 the Montana Community Development Corporation (MCDC) helped the 68 residents of River Acres manufactured home community (MHC) in Missoula become a resident-owned community, as themissoulian tells MHProNews. The residents faced eviction because the owner wanted to sell, but now they have long-term, stable housing and control of their …

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Modular Homes will Provide Housing on Mars

Futuristic housing on Mars, as envisioned by Foster and Partners, would involve parachuting three different types of semi-autonomous robots onto the planet to build a modular housing settlement before the astronauts arrive. As part of a 3D Printed Habitat Challenge, one robot would be pre-programmed for digging, one for melting …

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St. Joseph, Michigan Amends Zoning to allow Manufactured Home Communities

MHProNews has learned from heraldpalladium the St. Joseph, Michigan commissioners heard the first reading on plans to alter zoning for multi-family districts so they would better blend in with other parts of the community. The planning commission had been directed to review the city’s R-3 zoning for properties that include …

St. Joseph, Michigan Amends Zoning to allow Manufactured Home Communities Read More

MHCV Slips, ELS Edges Up, Carlyle Falls

In the news from CNNMoney: Chesapeake Energy cuts 15 percent of workforce. Billionaire investor Carl Icahn supports Trump, says he’s looking out for the middle class. Ralph Lauren steps down as CEO of company. Puerto Rican officials looking for help to pay bills. Home prices up five percent nationwide. Meanwhile, …

MHCV Slips, ELS Edges Up, Carlyle Falls Read More

House Financial Services to Consider Bills Regarding CFPB Oversight

MHProNews has learned from acainternational that the House Financial Services Committee will consider two bills relating to oversight of the Consumer Financial Protection Bureau (CFPB) at a hearing Wed., Sept 30, 2015 at 10 AM EST. Rep. Steve Stivers (R-OH) introduced Bureau of Consumer Financial Protection-Inspector General Reform Act of …

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Australia Aims to Triple Size of Modular Home Industry

The ARC Centre for Advanced Manufacturing of Prefabricated Housing, based at the University of Melbourne, in Australia has been established to create a $15 billion modular housing sector so that the most advanced manufacturing technology will be used in prefabricated construction. With funding from a research council and industry, the …

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Pre-existing Home Sales on High Track for 2015, while Pending Home Sales Slip

As nationalmortgagenews informs MHProNews, sales of single-family homes and condos are on course to reach an eight-year high, according to RealtyTrac‘s U. S. Home Sales Report for August. 1,947,028 homes were purchased through the first eight months of the year, which represents a 5.4 percent increase over 2014. The last …

Pre-existing Home Sales on High Track for 2015, while Pending Home Sales Slip Read More

Hunt is on in Dublin for Modular Housing Sites

Following a series of posts MHProNews last published Sept. 24, 2015 regarding modular homes for the homeless in Dublin, Ireland, the city council’s head of housing, Dick Brady, has confirmed the selection of sites has begun. With more than 200 homes to be sited, Brady is looking at vacant council-owned …

Hunt is on in Dublin for Modular Housing Sites Read More

Nobility Homes Gains 20%+; Dow Drops 300 points+

In the news from CNNMoney: Pharmaceutical stocks pull down markets. New York Fed Chief says interest rate hike will come this year. Trump says unemployment rate is 42 percent. Global economic slowdown affects also stocks. Apple sells record 13 million new iPhones. Porsche introduces electric car to compete with Tesla. …

Nobility Homes Gains 20%+; Dow Drops 300 points+ Read More

Data Confirms Dodd-Frank Regulations Impede Manufactured Home Loans

The Manufactured Housing Institute (MHI) informs MHProNews that data regarding lending at 7,000 financial institutions and covering nearly 10 million mortgage applications and six million loan originations reveals manufactured home lenders are not making HOEPA (Home Ownership and Equity Protection Act) loans because of the increased liability and burdensome rules …

Data Confirms Dodd-Frank Regulations Impede Manufactured Home Loans Read More

Single-family Renter Households more Likely to Buy

A June 2015 Freddie Mac survey reveals that 55 percent of renters of both single-family homes and multifamily homes plan to continue renting in the next three years, although 67 percent of multifamily renters and 60 percent of single-family renters say they are satisfied with their rental experience. However, 53 …

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Lippert Seeking Tax Abatement for Newly Acquired Plant in Indiana

Following a story MHProNews posted Aug. 20, 2015 regarding the purchase of Signature Seating in New Haven, IN by Lippert Components, Inc. of Elkhart, IN, kpcnews reports the $16 million acquisition also includes a plant in Auburn, IN where Lippert will invest $800,000 in new equipment. While Lippert is seeking …

Lippert Seeking Tax Abatement for Newly Acquired Plant in Indiana Read More

Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015

What’s New in public focused Manufactured HomeLivingNews.com The Kennedy – Model Home Video Tour – New Durham Estates, Westville, IN Jack and Betsy Norman, Whispering Pines 55+ Manufactured Home Community, Somerset, PA What’s New in Manufactured Housing Industry Professional News Justice Dept. settles two MHC discrimination suits. Judge clears path …

Sunday Morning Recap-Manufactured Housing Industry News Sept. 20-Sept. 27, 2015 Read More

Judge Orders Approval of Contested Factory-built Subdivision, Awards $650,000

Montana State District Court Judge George Huss abruptly ended a jury trial early in Bozeman, and awarded a development corporation $650,000 to be paid by the Gallatin County Commission for denying a proposal to develop the Gateway Village subdivision and site factory-built homes, MHProNews has learned. The commission had denied …

Judge Orders Approval of Contested Factory-built Subdivision, Awards $650,000 Read More

$54,000 Raised Towards Eliminating RV/MH Hall Debt

The Manufactured Housing Institute (MHI) informs MHProNews that Darryl Searer, president and chairman of the RV/MH Hall of Fame in Elkhart, Indiana reports $54,000 was raised toward Kevin Clayton’s Debt Elimination Challenge at the 4th International Networking Roundtable for Land-Lease-Lifestyle Communities in San Diego, California. Champion Home Builders, Inc. donated …

$54,000 Raised Towards Eliminating RV/MH Hall Debt Read More

Modular Housing in Italy, U. S. Look Nefarious from Air

A complex of modular housing units in a small town in southern Italy when viewed from the air looks like swastikas, according to what thetimesofisrael tells MHProNews. Nestled in a neighborhood of the small town of Specchiolla in the Province of Brindisi, the four housing units that form each swastika …

Modular Housing in Italy, U. S. Look Nefarious from Air Read More

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