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.
The Department of Housing and Urban Development (HUD) is speeding disaster relief to numerous counties in Montana and Vermont for people whose homes were damaged by the storms and flooding in April and May. The disaster declaration, announced by President Obama last week, permits the state to re-allocate federal resources […]
States Receive Disaster Relief Read More
The Dow dropped .66 percent in response to the Federal Reserve Chairman Bernanke’s assessment that the economy is not picking up, to close at 12,109.67, as housing stocks closed mixed. The Manufactured Housing Composite lost 2.08 percent to close at 1005.30. Nobility Homes gained 1.63 percent and ELS gained .30
Dow Loses Steam on Fed’s Diagnosis, and Housing Stocks Close Mixed Read More
NWCN reports from Spokane, Washington, that the city will use a double-section manufactured home as a fire station for at least five years. Without capital to build a new firehouse, the city will spend $10,000 to buy this facility from the Valley Fire Department, and construct an over-sized garage to
Manufactured Home to Serve as Firehouse Read More
According to the Hickory Daily Record in North Carolina, one of the bills awaiting signature by Governor Bev Perdue would provide for a single trip permit to transport a sixteen-foot wide manufactured or modular home, subject to rules issued by the department of transportation.
Wide(r) Load News from North Carolina Read More
Delaware Online reports from Georgetown that the Sussex County Council overruled the county planning and zoning commission and voted to put an RV campground in the middle of Rehoboth Shores manufactured home community. The undeveloped space had been designated for 260 home locations, but the council said it will increase
County Council Overrules Zoning Commission in Delaware Read More
The Bastrop Daily Enterprise of Bastrop, Louisiana, published the residential inspection fees for Morehouse Parish, and noted they are similar to other parishes. The Morehouse Parish Police Jury hired the Institute for Building Technology and Safety (IBTS), a non-profit, to do residential and commercial inspections. IBTS services nearby parishes as
Inspection Fees Posted for New MH and Modular Construction Read More
Robert E. Barclay, 67, of Lititz, Pa., died Monday, June 13, 2011, in Abbotsford, WI. A memorial service will be at 7 p.m. Wednesday, June 22, at the Maurina Schilling Funeral Home in Abbotsford. A visitation will be from 5 p.m. until the time of service at the funeral home
Passages – Bob Barclay, Liberty Homes Read More
The Recreational Vehicle/Manufactured Housing Hall of Fame (HOF) headquarters in Elkhart, Indiana, will be the site of the August 1 banquet for the 2011 inductees into the HOF. The inductees include a cross-section of Recreational Vehicle and Manufactured Housing leaders. They are: George F. Allen, GFA Management, Indianapolis; Robert Azevedo,
HOF to Induct George F. Allen and Others Aug 1 Read More
The Dow gained 109.63 points as technology stocks advanced, to close at 12,190.01, and most housing stocks spiked upward for a second day in a row. The Manufactured Housing Composite gained 6.60 percent to close at 1026.60. Cavco gained 9.24 percent, Skyline Corporation rose 3.49 percent, MSCI was up 1.95
Dow Climbs Again Despite Greece Debt, as Many Housing Stocks Improve Read More
TakeoverChatter reports that Equity LifeStyle Properties (ELS) is one of five companies to hit a 52-week high June 20. The higher price may be the result of investors thinking the stock is undervalued, and their demand pushes the price higher. ELS Chairman Sam Zell recently led his company in acquiring
ELS has Exceedingly High Share Trading Volume Read More
The Dickinson Press in Dickinson, North Dakota, reports two brothers have combined Custom Touch Homes manufactured housing and Rosebud Manufacturing interior wood furnishings under one roof into Dakota Custom Cabinets and Homes LLC. Tim Kern manages Custom Touch and says the “stick-built offsite” homes are comparable to site-built in terms
Manufactured Housing Part of Family Business Read More
As we noted in previous posts from June 16 and 17, the Manufactured Housing Association for Regulatory Reform (MHARR) has soundly criticized the Manufactured Housing Institute’s (MHI) platform to set a “voluntary” standard for a sprinkler system when requested or required by local regulation. MHARR says any reference or prescriptive
MHARR Disparages MHI’s Written Sprinkler Proposal Read More
TodaysTHV says dozens of new Federal Emergency Management Agency (FEMA) homes have arrived in Little Rock for distribution to Arkansas survivors of the tornadoes and flooding that displaced residents between April 14 and June 3. FEMA initially tries to place people in rental housing, but if none is available, the
FEMA Homes Arrive in Arkansas Read More
The Daily Herald reports that Columbia, Tennessee, has received funding from the U.S. Department of Housing and Urban Development’s (HUD) Neighborhood Stabilization Program (NSP) to replace blighted homes with modular housing. The City Council approved $27,522 to buy four blighted properties and transfer ownership to Advent Community Development Corporation. Advent
Affordable Modular Housing Replacing Blighted Homes Read More
Consultant and industry publisher George F. Allen’s mother-in-law, Florence Ruth Deveney (Flossie), died Saturday June 18, 2011 at 5:45 pm after an extended illness. Allen’s wife, Carolyn, was very close to her mother and barely left her side in the hospital over the past few weeks. MHMSM.com extends its condolences
Despite Greece’s debt problems, the Dow managed to squeak a gain of 76.02 points and close at 12,080.38, while housing stocks closed up or even. The Manufactured Housing Composite gained 3.90 percent to close at 960. Palm Harbor Homes was up 30 percent, Nobility Homes gained 5.69 percent, Cavco Industries
Dow Closes Up, Several Housing Stocks Spike Read More
Business Wire reports that Morgan Stanley is partnering with National Equity Fund (NEF) to establish a program to develop affordable housing and jobs in a 13-state area hit hard by recent storms and flooding. By using Low Income Housing Tax Credits (LIHTC), the $100 million program can finance new construction
$100 Million Going to Replace Homes, Create Jobs Read More
The Times Leader reports the Kuttawa, Kentucky, City Council in northwestern Kentucky is updating its zoning ordinance concerning manufactured homes. State law prohibits banning manufactured homes from inside a city, but the city council zoning proposal is requiring homes to have either brick or masonry skirting around the bottom. Another
Kentucky Town Trying to Effectively Ban MH Read More
From Alabama, the Tuscaloosa News says one of the newest housing developments is a gated, affordable manufactured housing community in a hilly area of the county. Country Ridge offers refurbished homes from the low $20,000s to the high $40,000s, with quaint street lights, underground utilities, security cameras and large lots
Affordable Housing in a Gated Community Read More
The Department of Housing and Urban Development (HUD)’s ManuFACTured Housing News Letter announces changes in personnel. Teresa Payne, the Associate Deputy Assistant Secretary (ADAS) for Regulatory Affairs has been with HUD for 15 years in various capacities with the Manufactured Housing Program. She worked on HUD’s administration of the Real
HUD Announces Personnel Changes Read More
