Manufactured and Modular Housing News Archives

May 6 2015

Manufactured Housing Consensus Committee to Consider Multifamily MH

By Matthew Silver / May 6, 2015 May 6, 2015 / Advocacy, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

As follow-up to a story MHProNews posted March 19, 2015 regarding multifamily manufactured housing (MH) units, the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews the General Subcommittee of the Manufactured Housing Consensus Committee (MHCC) unanimously approved a proposal to establish standards for the homes. Previously, HUD warned any …

Manufactured Housing Consensus Committee to Consider Multifamily MH Read More

May 6 2015

MHCV Inches Up while Dow Slips Second Consecutive Day

By Matthew Silver / May 6, 2015 May 6, 2015 / Business, Manufactured and Modular Housing News, Stocks

ADP reports private employers hired 160,000 workers last month, Saudi Arabia wants to be the Walmart of oil which will cut into the fracking industry in the U. S., and investors are awaiting the opportunity to invest in Iran. Meanwhile, for the second consecutive day, the Yahoo Manufactured Housing Composite …

MHCV Inches Up while Dow Slips Second Consecutive Day Read More

May 6 2015

Chris Nicely Joins Next Step Homes

By Matthew Silver / May 6, 2015 May 6, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, People

MHProNews has learned from Next Step Network that Chris Nicely has joined Next Step Homes, the for-profit subsidiary of Next Step Network, as Chief Executive Officer. Next Step Network is a Louisville, KY-based 501(c)3 not-for-profit that seeks to put affordable factory-built housing within everyone’s reach regardless of their income. MHProNews …

Chris Nicely Joins Next Step Homes Read More

May 6 2015

A Short Story on the Tiny Home Movement

By Matthew Silver / May 6, 2015 May 6, 2015 / Manufactured and Modular Housing News, Manufactured Homes, People, Trends

Australian filmmaker Jeremy Beasley has been documenting the Tiny Home movement which began in the U. S. 15 years ago, and estimates there are between 500 and 1,000, although the exact number is unknown because many are under the radar. As MHProNews reported Oct. 21, 2014 on a 70 square-foot …

A Short Story on the Tiny Home Movement Read More

May 6 2015May 5, 2015

Borough Establishes Regulations for Siting of Manufactured Homes

By Matthew Silver / May 6, 2015 May 5, 2015 / Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

New rules and regulations for the moving and placement of manufactured homes (MH) was discussed at the Ramey (Penn.) Borough Council meeting May 4, as theprogressnews tells MHProNews. Code Enforcement Officer Joe Kercenneck discovered a multi-section home in town has a manufacturers seal of approval, but it does not have …

Borough Establishes Regulations for Siting of Manufactured Homes Read More

May 5 2015

Updated Rent Stabilization for Manufactured Home Communities due in June

By Matthew Silver / May 5, 2015 May 5, 2015 / Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

Rick Robinson of the Manufactured Housing Institute (MHI) has informed MHProNews that the city council of El Monte, California, county of Los Angeles, on March 30, 2015 approved Urgency Ordinance No. 2852 to extend the existing manufactured home (MH) rent stabilization for an additional three months, through July 3, 2015. …

Updated Rent Stabilization for Manufactured Home Communities due in June Read More

May 5 2015

Texas Legislature Passes Bill to Elevate Modulars

By Matthew Silver / May 5, 2015 May 5, 2015 / Advocacy, Factory-Built Homes, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular

MHProNews has been informed by Caitlin Nauert of the Texas Manufactured Housing Association (TNHA) the Texas Senate has passed SB 1264 and the House has approved companion bill HB 1990 which will allow multifamily modular construction to be four stories tall instead of the current three stories. Of the 6,268 …

Texas Legislature Passes Bill to Elevate Modulars Read More

May 5 2015

Louisiana Pacific Flies, MHCV Moves Up, Drew Cries, Dow Drops 142 Points

By Matthew Silver / May 5, 2015 May 5, 2015 / Business, Manufactured and Modular Housing News, Stocks

In other news, oil lands above $60 a barrel for the first time this year, other burger chains are eating McDonald’s for lunch, and venture capitalist Dave McClure, head of 500 Startups, says women and minorities are underpriced assets in today’s marketplace. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) …

Louisiana Pacific Flies, MHCV Moves Up, Drew Cries, Dow Drops 142 Points Read More

May 5 2015

Drew Draws Aces, Posting Record First Quarter 2015

By Matthew Silver / May 5, 2015 May 5, 2015 / Business, Canada, Company News, Manufactured and Modular Housing News, Manufactured Homes

Net sales for Drew Industries, Inc. (NYSE:DW) in the first quarter of 2015 rose to a quarterly record $361 million, 27 percent higher than for the same period 2014, resulting in net income of $20.1 million, $0.82 per diluted share, versus $16.2 million, or $0.67 per diluted share for the …

Drew Draws Aces, Posting Record First Quarter 2015 Read More

May 5 2015

Modular Skyscraper Erected in 19 Days

By Matthew Silver / May 5, 2015 May 5, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Modular

With 19 atriums, 800 apartments and office space for 4,000 workers, 1,200 employees of the Broad Sustainable Building Co. erected a 57-story modular skyscraper in 19 working days in Hunan’s provincial capital, Changsha, China, according to ca.news.china. The 2,736 modules that make up Mini Sky City were fabricated in 4 …

Modular Skyscraper Erected in 19 Days Read More

May 5 2015May 4, 2015

Cavco Acquires Manufactured Home Producer Fairmont

By Matthew Silver / May 5, 2015 May 4, 2015 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV

MHProNews has learned from globenewswire that manufactured and modular home builder Cavco Industries, Inc. (NASDAQ:CVCO) has acquired Fairmont Homes, Inc. of Nappanee, Indiana through its wholly-owned subsidiary, FH Group, LLC.. With manufacturing plants in Indiana and Minnesota, Fairmont produces manufactured and modular homes and park model recreational vehicles (RVs), and …

Cavco Acquires Manufactured Home Producer Fairmont Read More

May 4 2015

HUD Code Manufactured Home Production Continues Rising

By Matthew Silver / May 4, 2015 May 4, 2015 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Trends

Based on official statistics gathered on behalf of the Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in March hit 5,602, a 14.3 percent increase over the 4,899 homes produced in March 2014. This …

HUD Code Manufactured Home Production Continues Rising Read More

May 4 2015

MHCV Scores Better than Dow; Wages Finally Rise

By Matthew Silver / May 4, 2015 May 4, 2015 / Business, Manufactured and Modular Housing News, Stocks

In today’s financial news, hedge fund guru David Einhorn says oil fracking companies are a bad investment because the price of oil has fallen so drastically, from $100 a barrel last summer to under $60 a barrel today. Employee compensation has risen 2.6 percent in the last year, the largest …

MHCV Scores Better than Dow; Wages Finally Rise Read More

May 4 2015

Modern Modular Classrooms will Serve VA Schools Well

By Matthew Silver / May 4, 2015 May 4, 2015 / Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular

Broad Rock Elementary School in Richmond, Virginia is receiving a 12-classroom modular complex, and E.S.H. Greene Elementary is getting one with nine classrooms, each unit with two bathrooms, interior hallways and enough space to serve meals, as richmond tells MHProNews. Both schools are above 125 percent capacity, and while school …

Modern Modular Classrooms will Serve VA Schools Well Read More

May 4 2015May 4, 2015

Letter from Rep. Sean Duffy Seeks Info Concerning Manufactured Housing Contract

By Matthew Silver / May 4, 2015 May 4, 2015 / Legal, Manufactured and Modular Housing News, Manufactured Homes, People

The Manufactured Housing Association for Regulatory Reform (MHARR) has informed MHProNews of a letter sent by Rep. Sean Duffy (R-WI), Chairman of the House Subcommittee on Oversight and Investigations, to Housing and Urban Development (HUD) Director Julian Castro regarding a conflict of interest in the awarding of a contract. A …

Letter from Rep. Sean Duffy Seeks Info Concerning Manufactured Housing Contract Read More

May 4 2015May 3, 2015

Resident-owned Manufactured Home Communities Celebrates 10,000th Homesite

By Matthew Silver / May 4, 2015 May 3, 2015 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, Small Business

ROC USA (resident-owned communities) informs MHProNews that with the co-op status of Turnpike Park Cooperative in Westborough, Massachusetts secured, it has now transformed 168 communities representing 10,017 homes in 14 states into resident ownership. Scott Knox, president of Turnpike’s board of directors of the 46 homes which refinanced its purchase …

Resident-owned Manufactured Home Communities Celebrates 10,000th Homesite Read More

May 3 2015May 2, 2015

Sunday Morning Recap April 27-May 2, 2015

By Matthew Silver / May 3, 2015 May 2, 2015 / Manufactured and Modular Housing News

Drew Expands. MH Restrictions may Lift Down Under. School Obtains Modular Classrooms. Legislation Proposed to Dispute False Claims. Support MH Senate Bill. MH the New American Dream? MH Scores in Illinois. Mini Mods In San Francisco. MH Fraud in Arizona. Pending home sales rise. Bad actor charged in Florida. Patrick …

Sunday Morning Recap April 27-May 2, 2015 Read More

May 2 2015May 1, 2015

Disabled Vet gets Eviction Notice from Manufactured Home Community

By Matthew Silver / May 2, 2015 May 1, 2015 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

A disabled veteran in Birch Run, Michigan has evidently received an eviction order from Birchwood Farms manufactured home community (MHC), and has been told he and his wife and three children have 30 days to leave. Although Gordy Harris says he has never been late on his rent, according to …

Disabled Vet gets Eviction Notice from Manufactured Home Community Read More

May 1 2015

Shipping Containers becoming Modular Housing north of the Border

By Matthew Silver / May 1, 2015 May 1, 2015 / Business, Canada, Factory-Built Homes, Manufactured and Modular Housing News, Modular

Blocks Modular of Calgary, Alberta Canada are converting steel shipping containers (“seacans”) into hotel suites, affordable housing units, staff accommodations and cottages, according to what globalnews.ca tells MHPronews. “It is narrow, but that’s only one. And you put two or three together with the proper floor plan and it opens …

Shipping Containers becoming Modular Housing north of the Border Read More

May 1 2015

Dow Erases Yesterday’s Drop; Louisiana Pacific Advances

By Matthew Silver / May 1, 2015 May 1, 2015 / Business, Manufactured and Modular Housing News, Stocks

Facebookers donate $10 million to Nepal quake survivors, Europe’s deflation worries ease, and Tesla will be offering a home battery, ‘Powerwall,” that can save consumers 25 percent in electric bills. The Yahoo Manufactured Housing Composite Value (MHCV) moved down -0.31 percent, to close at 636.8. Tracked manufactured housing stocks closed …

Dow Erases Yesterday’s Drop; Louisiana Pacific Advances Read More