Manufactured and Modular Housing News

MHCV Gains, Most Tracked Stocks End the Week on Positive Note Read More

MHCV Gains, Most Tracked Stocks End the Week on Positive Note

By Matthew Silver / March 20, 2015 / Manufactured and Modular Housing News

The Yahoo! Finance Manufactured Housing Composite Value spiked, gaining +4.40 percent, to end the day at 639.3, while stocks we cover related to the manufactured housing liked what they were hearing today as all except two stocks—Skyline Corp. and Third Avenue Value Fund (which actually is trailing one day)–closed down

State Court Strikes Down Law that Harms Community Owners Read More

State Court Strikes Down Law that Harms Community Owners

By Matthew Silver / March 20, 2015 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, Zoning

The Manufactured Housing Institute (MHI) informs MHProNews the Ohio Supreme Court struck down a zoning law as unconstitutional that was designed to eliminate manufactured housing from Lodi, Ohio. The zoning code states any property considered noncomforming that is vacant for six months is considered abandoned. In the case of manufactured

Legislature Defines Blame for Manufactured Home Delivery Damage Read More

Legislature Defines Blame for Manufactured Home Delivery Damage

By Matthew Silver / March 20, 2015 / Business, Factory-Built Homes, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, regulation

A Senate bill before the North Carolina General Assembly, to improve the safety of roads in the state, addresses the accountability of professional housemovers, specifically applied to manufactured, modular and mobile homes over 15 feet wide. The proposal states the transporter shall be held liable for damages of any kind

Olympics’ Athlete’s Village could Result in Affordable Modular Housing Read More

Olympics’ Athlete’s Village could Result in Affordable Modular Housing

By Matthew Silver / March 20, 2015 / Factory-Built Homes, Manufactured and Modular Housing News, Modular

In Boston’s bid for the 2024 Olympics, Mayor Martin Walsh sees an opportunity for city planning and infrastructure improvements that need to done regardless of whether the bid goes through or not. He envisions modular housing units at the Olympic Village, which could be sited at the University of Massachusetts.

jAy, Caramba!! Taco Bell tests Prototype Modular Food Stand Read More

jAy, Caramba!! Taco Bell tests Prototype Modular Food Stand

By Matthew Silver / March 20, 2015 / Factory-Built Homes, Manufactured and Modular Housing News, Modular, Trends

Inhabitat tells MHProNews that Taco Bell has rolled out a modular Taco Bell stand at the SXSW movie and music festival in Austin, Texas. Constructed of three shipping containers, the iconic restaurant is testing the concept to determine consumer reaction as it seeks to expand across the nation. Assembled in

Indiana has Three House Members Supporting Manufactured Housing Bill Read More

Indiana has Three House Members Supporting Manufactured Housing Bill

By Matthew Silver / March 19, 2015 / Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV

The Indiana Manufactured Housing Association/Recreation Vehicle Indiana Council (IMHA/RVIC) informs MHProNews that not only has Senator Joe Donnelly (D-IN) sponsored Preserving Access to Manufactured Housing in the Senate, but also three IN House members have signed on to HR 650. Rep. Marlin Stutzman (R-IN), who represents the third congressional district

Petitioner asks Land be Rezoned to Manufactured Home District Read More

Petitioner asks Land be Rezoned to Manufactured Home District

By Matthew Silver / March 19, 2015 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, RV

Virginia Bufkin’s request to the Aransas Pass City Council in south Texas to rezone a single family district to a manufactured home district so she could build a recreational vehicle (RV) community brought a mix of yeas and nays to the meeting. Bufkin’s daughter explained that although it would be

MHCV Slips, Tracked Manufactured Housing Stocks Mixed, Dow Drops Read More

MHCV Slips, Tracked Manufactured Housing Stocks Mixed, Dow Drops

By Matthew Silver / March 19, 2015 / Business, Manufactured and Modular Housing News, Stocks

Yesterday’s run-up of 227 points was due to the Federal Reserve’s assertion that the road to higher interest rates will be slow and steady, while today the markets settled back. However, in a see-saw week somewhat similar to last, CNNMoney informs MHProNews the Dow Jones Industrial Average dropped 117.16 points,

HUD Manufactured Home Regulation Defining “Family” Disputed by MHARR Read More

HUD Manufactured Home Regulation Defining “Family” Disputed by MHARR

By Matthew Silver / March 19, 2015 / Advocacy, home buyers, Legal, Legislation, Manufactured and Modular Housing News, regulation

Noting that the manufactured housing reform law of 2000 directs the Department of Housing and Urban Development (HUD) to “facilitate the availability of affordable manufactured homes” and “increase homeownership for all Americans,“ the Manufactured Housing Association for Regulatory Reform (MHARR) says HUD inserts regulations that are needlessly restrictive. HUD standards

British Modular Firm Expanding into Energy Efficient, Affordable Housing Read More

British Modular Firm Expanding into Energy Efficient, Affordable Housing

By Matthew Silver / March 19, 2015 / Business, Factory-Built Homes, Manufactured and Modular Housing News, Modular

According to hulldailymail.uk, the East Yorkshire company Premier Interlink, which provided modular housing for the London 2012 Olympics, will deliver five of the first 22 affordable modular homes to the Great Thornton Estate later this month. The five energy-efficient homes feature communal rainwater harvesting tanks, triple-glazed windows and photovoltaic panels.

Long Island Manufactured Home Community gets Low Marks from Residents Read More

Long Island Manufactured Home Community gets Low Marks from Residents

By Matthew Silver / March 18, 2015 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

A group of community members and elected officials have organized a summit to discuss crime, lease violations and illegal rentals at Lakewood manufactured home community in Riverhead, New York on Long Island. Promoted as a 55-and-over community, residents have complained to management as well as local officials of drug sales,

Dow Surges, most Tracked Stocks Gain, MHCV Slips Read More

Dow Surges, most Tracked Stocks Gain, MHCV Slips

By Matthew Silver / March 18, 2015 / Business, Manufactured and Modular Housing News, Stocks

CNNMoney said “Thank You, Janet Yellen“ after the Federal Reserve’s president announced interest rates will not rise following the Fed’s two day meeting, causing the three major indexes to surge. The Dow Jones Industrial Average shot up +227.11, +1.27 percent to end over 18k at 18,076.19. The NASDAQ gained 45.39

Insurer Offers Alternative Valuation on Manufactured Homes Read More

Insurer Offers Alternative Valuation on Manufactured Homes

By Matthew Silver / March 18, 2015 / Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

MHProNews has learned from insurancejournal that Citizens Property Insurance Corp. in Florida is now accepting alternative valuation methods from owners of manufactured homes to ensure they are properly covered. Manufactured home owners are encouraged to speak with their insurance agents to discuss possible improvements and upgrades to their homes as

Former FHFA Head DeMarco Slams Congress and Obama Administration Read More

Former FHFA Head DeMarco Slams Congress and Obama Administration

By Matthew Silver / March 18, 2015 / Business, Economy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, People, regulation

Edward DeMarco, former Federal Housing Finance Agency (FHFA) chief, says Congress’ failure to pass government-sponsored enterprise (GSE) reform and the current mortgage finance system promotes housing debt instead of home ownership. As nationalmortgagenews tells MHProNews, DeMarco says the Obama administration is trying to boost credit availability, a move that echoes

County Commissioners Deny request for Modular Church Read More

County Commissioners Deny request for Modular Church

By Matthew Silver / March 18, 2015 / Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular, People

The Crawford County Commission in Girard, Kansas voted down for a second time the attempt by Liberty Baptist Church to bring in a factory-built structure to be used as a church. The proposal has passed the Planning and Zoning Commission two times, but nearby landowners have convinced the commission to