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.
5 years after its passage, Dodd-Frank remains one of the hotly contested legacies of the Obama Administration. Supporters of the law believe that it provides important consumer protections. Others point to facts suggesting CFPB over-reach with respect to manufactured housing chattel – or personal property, “home-only loans” – are creating …
With the need for 250,000 homes per year needed in London, as MHProNews reported Sept. 11, 2015, last year think tank New London Architecture and the mayor headed up an international call for help to solve the shortage, receiving over 200 proposals from architects, developers, and private citizens in 16 …
London Receives 200 Innovative Proposals to Address Housing Shortage Read More
Following an article MHProNews posted May 27, 2015 concerning a grant the North Carolina Department of Environment and Natural Resources (DENR) awarded Alamance County to demolish abandoned manufactured homes (MH), nearby Rockingham County has been awarded $26,500 to discard abandoned single-section MH. As myfox8 reports, Rockingham County Code Enforcement Officer …
Another NC County Funded to Demolish Abandoned Manufactured Homes Read More
In the news from CNNMoney: Kurdish Billionaire owner of Chobani yogurt hired 600 refugees. American household income of $54,000 barely above level from 20 years ago. New oil and gas production projects valued at $1.5 trillion are in jeopardy because of plummeting prices. 2.3 million Indians apply for 368 India …
The U. S. Department of Justice tells MHProNews it has reached an agreement to settle allegations of race and familial status discrimination against the owners and managers of Four Seasons Estates Mobile Home Park in Effingham, Illinois. While the consent order must still be approved by the U.S. District Court …
According to moneyflowindex, shares of manufactured home community (MHC) owner Sun Communities, Inc. (NYSE:SUI) jumped by 3.55 percent in the past week, and 0.01 in the past four weeks. The shares have bested the S&P 500 by 6.34 percent in the past week and 1.07 percent for the past four …
Cavco Industries, Sun Communities Shine on Wall St. Read More
Following a story MHProNews last posted March 15, 2012 regarding a former Alabama lawmaker who admitted swindling nearly $250,000 from six post-Katrina victims for new modular homes that were never delivered, a judge denied his appeal for freedom in exchange for a down payment on restitution, according to bayoubuzz. John …
Former Lawmaker who Swindled Modular Home Buyers to Remain in Prison Read More
What’s New in public focused Manufactured HomeLivingNews.com Video Previews! Home Tours – Interviews – Drones – Tips – Tech – Talk – Inside MH! Dr. David Harnish, Superintendent, Martin Public Schools – Professional’s Interview Video – Inside MH What’s New in Manufactured Housing Industry Professional News New “Inside MH” video …
Sunday Morning Recap-Manufactured Housing Industry News Sept. 13-Sept. 20, 2015 Read More
Based on rent and occupancy trends from July 2005 to July 2015 in Colorado, benzinga informs MHProNews that Datacomp reports occupancy rates in 55+ manufactured home communities (MHCs) have risen for the third consecutive year, and now stands at 90 percent, up 1.4 percent over July 2014. The national average …
Rent, Occupancy in Colorado Manufactured Home Communities Rise Read More
MHProNews has leaned from winnipegsun that Tina McCorrister of the Peguis First Nation says 37 modular homes that were purchased from an American company for almost $3.5 million all have problems that make them uninhabitable. Mould was discovered in the first seven homes because they had not been properly wrapped …
Modular Homes Received by Canada’s Peguis are all Defective Read More
In the news from CNNMoney: Fed lack of decision gives Wall Street the jitters. 14% of American households struggle to put food on the table. America has 5.8 million job openings. Tennessee paying for community college students. IRS using technology from JFK’s era. Meanwhile, the Yahoo Manufactured Housing Composite Value …
Following a story MHProNews published Aug. 19, 2015 regarding a container housing project for the homeless in Honolulu, Mayor Kirk Caldwell now proposes a temporary modular housing facility for homeless families on the Leeward Coast. “There are not enough sites for families and as we do our enforcement actions, we …
Honolulu Planning Modular Community for Homeless Families Read More
The Mississippi Regional Housing Summit will be held in Vicksburg beginning Sunday, Sept. 20 through Tue., Sept. 22 to focus on providing affordable housing in the 2nd Congressional District. With 400 people registered to attend, and the first of its kind in the state, it is drawing public officials, vendors, …
In and around Boulder, Colorado are eight manufactured home communities (MHC), with a total of just under 1,600 homes, most of which were built before the federal building standards took effect in June, 1976, as dailycamera reports. Recognizing the importance of the communities as affordable housing in a city not …
Boulder Considers Ways to Protect Land Lease Communities Read More
The Alpine Park manufactured home community (MHC) in Dubuque, Iowa was ordered to pay a $5,000 civil penalty and $3,924 in actual damages to a resident stemming from the community management’s decision to prevent a visitor from entering the community because of the breed of a service dog. According to …
Judgment Upheld against Land Lease Community over Visiting Service Dog Read More
In CNNNews: HP to cut another 25,000 to 30,000 jobs. Federal Reserve leaves interest rate near zero. Wealthy blacks the next big target for marketers. Trump does not define how he would make America great. 23 million people watched debate, a record for CNN. Doritos produces rainbow chips to support …
Stocks Relatively Quiet as Federal Reserve Backs off from Interest Rate Hike Read More
The Commerce Department informs MHProNews that housing starts—single-family and multifamily– in August fell 3.0 percent to a seasonally-adjusted annual rate (SAAR) of 1.13 million units, below the 1.17 million unit pace economists had predicted, while building permits rose 3.5 percent to a 1.17 million pace after declining 15.5 percent in …
Housing Starts Fall in August while Building Permits Rise Read More
New this year at the Michigan Manufactured Housing Association’s (MMHA) 74th Annual MMHA conference in Detroit Oct. 19-20 will be a program to recognize the exceptional marketing and communications efforts of our members, according to news.sys-con. Categories include best community entrance, best model home staging, best community event or activity, …
Michigan State Association Conference to Honor Members’ Efforts Read More
MHProNews has learned from 9news Caddis Capital Investments LLC of Littleton, Colorado has acquired two manufactured home communities (MHCs) for $7.725 million. Chancellor’s is a 121-home site community in Fountain, Colorado, and Woodland has 75 home sites in Woodland, WA. Using its current investment vehicle, Trico Fund III, Caddis teamed …
Caddis Capital Acquires Two Manufactured Home Communities Read More
At a meeting of the Kent County Commissioners in Maryland, discussion turned to the importance of affordable housing as a means to attracting new business and young families to the county, according to myeasternshoremd. At the Maryland Association of Counties meeting, officials from several counties criticized a requirement of the …
Mandated Sprinkler Systems may be Slowing New Home Building Read More
