The Manufactured Housing Consensus Committee (MHCC) has voted to reject the “destructive” proposed Department of Energy (DOE) manufactured housing energy enforcement rule. So says the news release issued by the Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR). Manufactured housing has just finished its worst year as measured by production since 2016.  That noted, MHARR has warned that production is likely to further decline if the DOE energy rule goes into effect as it is currently crafted.  That MHARR release is provided in Part I. But what does that mean to the advancing regulatory regime planned by the U.S. Department of Energy (DOE) for manufactured housing energy standards and related wrinkles to manufactured housing regulations? That will be explored in Part II of this report.

Accountability. Transparency. Response-ability. Manufactured housing industry reality checks. This news report with analysis will include a Part III, which will focus on the current realities for manufactured housing industry businesses, professionals, investors, and others.

Part IV of this report with analysis will be our Daily Business News on MHProNews review of the manufactured housing equities which includes left-right market moving mainstream national headlines.

Part I

Manufactured Housing Consensus Committee (MHCC) Votes to Reject Destructive Proposed DOE Energy Enforcement Rule

FEBRUARY 20, 2024  

TO:                 MHARR MANUFACTURERS
MHARR STATE AFFILIATES
MHARR TECHNICAL REVIEW GROUP (TRG)

FROM:          MHARR

RE:                 MHCC VOTES TO REJECT DESTRUCTIVE PROPOSED DOE ENERGY ENFORCEMENT RULE

The statutory Manufactured Housing Consensus Committee (MHCC) following a two-day teleconference meeting, voted on February 16, 2024 – as urged by MHARR — to reject the proposed manufactured housing energy standards enforcement rule published by the U.S. Department of Energy (DOE) in the Federal Register on December 26, 2023.

MHARR, in public remarks to the Committee, called upon members to reject the proposed rule, on the ground that the proposed regulations (as well as the DOE manufactured housing energy standards themselves) were not appropriate for manufactured homes, would do little or nothing to benefit consumers, and would result in destructive price increases that would exclude large numbers of lower and moderate-income American families from the manufactured housing market and the American Dream of home ownership.

MHARR also provided Committee members with copies of its January 24, 2024 written comments to DOE on the proposed enforcement regulations, which strenuously objected to the proposed regulations on multiple bases. These comments emphasized that DOE, in a conscious and intentional effort to bypass and subvert legitimate and accurate cost-benefit analysis of the proposed manufactured housing standards – as specifically required by the Energy Independence and Security Act of 2007 and other federal law, – (while rushing to meet court deadlines that it had agreed to) failed to propose or promulgate testing, enforcement and regulatory compliance criteria, and simultaneously failed to consider the cost and cost burden of those criteria in its supposed cost-benefit assessment. Then when it published its December 26, 2023 proposed enforcement regulations, it incredulously maintained – with absolutely no supporting evidence or analysis — that those regulations would have little or no cost impact.

Significantly, the MHCC agreed that DOE’s claims with respect to the regulations and their likely costs were not supported and that the absence of specific compliance benchmarks in the DOE proposed regulations would create confusion and unnecessary cost burdens.

The MHCC’s rejection of the proposed DOE enforcement regulations, by a nearly-unanimous vote (with one abstention), follows its earlier vote to reject (on similar grounds) DOE’s “final” manufactured housing energy standards rule published on May 31, 2022. At that time, the MHCC recommended HUD adoption of less onerous energy criteria based on the unique construction and characteristics of manufactured housing and the specific needs of manufactured housing consumers. According to HUD, these recommended standards (which, again, differ substantially from the DOE “final” standards) are under review by the Office of Management and Budget (OMB) as part of the standard HUD regulatory process.

MHARR will continue to carefully monitor all aspects of the DOE/HUD energy rulemaking process and will take further action as warranted by developments.

cc: Other Interested HUD Code Manufactured Housing Industry Members

Manufactured Housing Association for Regulatory Reform (MHARR)
1331 Pennsylvania Ave N.W., Suite 512
Washington D.C. 20004
Phone: 202/783-4087
Fax: 202/783-4075
Email: MHARRDG@AOL.COM
Website: www.manufacturedhousingassociation.org ##

Part II – Additional Information with More MHProNews Analysis and Commentary 

1). According to the HUD website, the MHCC is described as follows.

Overview

The Manufactured Housing Consensus Committee (MHCC) is a statutory Federal Advisory Committee body charged with providing recommendations to the Secretary on the revision and interpretation of HUD’s manufactured home construction and safety standards and related procedural and enforcement regulations. The MHCC also developed the first set of model installation standards for the manufactured housing industry.”

The MHCC was established by the Manufactured Housing Improvement Act (the Act) of 2000, which amended the National Manufactured Housing Construction and Safety Standards Act of 1974. The Act required the establishment of the MHCC to: (1) Provide periodic recommendations to the Secretary to adopt, revise, and interpret the manufactured housing construction and safety standards; and (2) to provide periodic recommendations to the Secretary to adopt, revise, and interpret the procedural and enforcement manufactured housing regulations (3) be organized and carry out its business in a manner that guarantees a fair opportunity for the expression and consideration of various positions and for public participation; and (4) be deemed to be an advisory committee not composed of Federal employees.  The Act authorizes the Secretary to appoint a total of twenty-two members to the MHCC. Twenty-one members have voting rights; the twenty-second member represents the Secretary and is a non-voting position. Service on the MHCC is voluntary. Travel and per diem for meetings is provided in accordance with federal travel policy pursuant to 5 U.S.C. 5703.”

The MHCC is comprised of seven members represented in each of the following categories:

• Producers – Producers or retailers of manufactured housing
• Users – Persons representing consumer interests, such as consumer organizations, recognized consumer leaders, and owners who are residents of manufactured homes
• General Interest and Public Officials – General interest and public official members; three of the seven representatives must be Public Officials…”

2). When those insights are combined with what MHARR has reported, it means that 20 of the 21 voting members of the MHCC voted against “to reject the proposed manufactured housing energy standards enforcement rule published by the U.S. Department of Energy (DOE) in the Federal Register on December 26, 2023.”

3). According to MHARR: “The MHCC’s rejection of the proposed DOE enforcement regulations, by a nearly-unanimous vote (with one abstention), follows its earlier vote to reject (on similar grounds) DOE’s “final” manufactured housing energy standards rule published on May 31, 2022.”

4). So, the vast majority of all three categories at the MHCC – producers, users, general interests including public officials – voted against the DOE rules. That’s significant.

5). But what does it mean on a practical level?

MHProNews asked that question of MHARR. Within minutes, where was the on-the record response. “It could be used in the pending litigation as a determination by a government panel of experts that the rule will have costs that have not — and have never — been accounted for or considered in a legitimate cost-benefit analysis as required by applicable law.” That was according to Mark Weiss, J.D., President and CEO of MHARR.

6). With that added insight from CEO and attorney Weiss, the balance of the MHARR press release comes into sharper focus.

Significantly, the MHCC agreed that DOE’s claims with respect to the regulations and their likely costs were not supported and that the absence of specific compliance benchmarks in the DOE proposed regulations would create confusion and unnecessary cost burdens.”

The MHCC’s rejection of the proposed DOE enforcement regulations, by a nearly-unanimous vote (with one abstention), follows its earlier vote to reject (on similar grounds) DOE’s “final” manufactured housing energy standards rule published on May 31, 2022. At that time, the MHCC recommended HUD adoption of less onerous energy criteria based on the unique construction and characteristics of manufactured housing and the specific needs of manufactured housing consumers. According to HUD, these recommended standards (which, again, differ substantially from the DOE “final” standards) are under review by the Office of Management and Budget (OMB) as part of the standard HUD regulatory process.”

7). But there is more to be gleaned from this news item as it relates to the current state of play in manufactured housing industry dynamics. That will be explored in Part III.

Part III – Manufactured Housing Industry Reality Check

Stating the obvious can often help frame and bring clarity to issues.  It was noted in the preface that: “Manufactured housing has just finished its worst year as measured by production since 2016.  That noted, MHARR has warned that production is likely to further decline if the DOE energy rule goes into effect as it is currently crafted.” For those in the business of selling homes, filling vacant home sites, doing transport, installations, selling products or services, the sharp drop in 2023 of manufactured housing certainly should be a sobering reality check.

1). It can also be useful to take a step back, survey the landscape, and then more accurately assess circumstances as a result of that fresh perspective.

2). With that in mind, the following question was posed to Bing’s AI powered Copilot. Imagining the vantagepoint from an airplane, this will seemingly start at a metaphorical 40,000 foot altitude. But as we ‘descend’ through the proverbial clouds and what is at ground level becomes clearer, so too each aspect of what follows and how it relates to manufactured housing will become clear. So patient attention is useful.

3).

> “What is the purpose of an umbrella style trade association that says it represents production, suppliers, sellers, and other businesses?”

An umbrella organization is an association that brings together related institutions, often within a specific industry. These institutions collaborate formally to coordinate activities and pool resources. In business, politics, and other contexts, umbrella organizations provide resources and often serve as a collective identity for smaller organizations under their care¹.

For instance, in the United States, we have notable umbrella trade associations that represent the collective business interests of various sectors. Two prominent examples are:

1. Chamber of Commerce of the United States: This umbrella organization unites businesses across the country, advocating for their interests and providing resources.
2. National Association of Manufacturers (NAM): NAM serves as an umbrella for manufacturers, coordinating efforts, addressing common challenges, and promoting industry growth²³.

In summary, umbrella organizations play a crucial role in fostering collaboration, resource-sharing, and advocacy among diverse businesses and stakeholders…”

4). Both of those organizations used by Copilot in that example happen to be trade groups that MHProNews has reported on in various articles. For instance, the Chamber of Commerce, which rather routinely makes national news was covered in the report shown below. Dr. Richard Rahn, the former Chief Economist for the U.S. Chamber of Commerce accused the organization he previously served as favoring big businesses over smaller ones.   Revealing and relevant to business in general, including manufactured housing, are found in Dr. Rahn’s observations.

5). Then the National Association of Manufacturers (NAM) has periodically updated the information posted below, previously referenced by MHProNews.

That might be interpreted by some to mean that it is better in some sense to work with a bigger firm. But another way to look at it is the costs imposed by regulators on smaller firms is outsized. Yet, it is often smaller firms – per an array of research – that produces innovations, improvements, and breakthroughs. To illustrated, see #8 below, which said in part:

• Smaller manufacturers often drive innovation, offering unique designs and features.
• A bias toward consolidators might stifle diversity in home styles, features, and materials.

So, not only does regulatory costs drive up the prices that consumers pay, but an imbalance in regulations can harm innovation, choices, diversity in home styles, and more.

6).

> “The two examples you cited are interesting. Dr. Richard Rahn, the former chief economist for the U.S. Chamber of Commerce criticized that organization as favoring the interests of big businesses over smaller ones, correct?”

Indeed, Dr. Richard Rahn, the former chief economist for the U.S. Chamber of Commerce, has expressed criticism regarding the organization’s perceived bias toward larger corporations. His viewpoint highlights concerns that the Chamber may prioritize the interests of big businesses over those of smaller enterprises. Such debates within umbrella trade associations are not uncommon, as they grapple with balancing the diverse needs of their member organizations. The tension between representing both large and small businesses can be a delicate challenge, and it often sparks discussions about advocacy, policy, and economic impact.

In the intricate dance of commerce, Where interests converge and diverge, The Chamber of Commerce stands tall, An umbrella sheltering businesses, large and small.

Yet critics raise their voices high, Claiming favoritism in the sky, For giants wield more weight, they say, While smaller players seek their day.

Dr. Rahn, with economist’s keen eye, Points out the Chamber’s tilt awry, A pendulum that swings and sways, Between corporate behemoths and startups’ rays.

But let us ponder this delicate dance, Where interests waltz and sometimes prance, For within the umbrella’s wide embrace, Lies the heartbeat of commerce’s race.

So, whether Goliath or David’s plight, The Chamber’s role remains in sight, To advocate, connect, and bridge the divide, As businesses march forward, side by side. 🌟 …”

If the last 5 lines above per Copilot sounds like a rhyme designed to make the Chamber look better, that would be a useful understanding of the purported bias of Copilot. Bing is owned by Microsoft (MS). Microsoft is a giant corporation, founded by William “Bill” Gates III, a close ally of Warren Buffett led Berkshire Hathaway (BRK).  MSNBC is left-leaning, and Bing’s search (and presumably, thus Copilot) has been accused of tilting some 65 percent of the time to left-leaning sources. Note that Copilot was set on the blue or ‘balanced’ setting, not the creative or purple setting in providing these answers.

7). The poetic or lyrical rhymes in the response from Copilot continued.

> “In manufactured housing there are two national trade associations, correct? The Manufactured Housing Institute, which is described as an umbrella style trade group and which they describe themselves as representing “all segments” of manufactured housing. Then there is the Manufactured Housing Association for Regulatory Reform (MHARR), which states that they represent the interests of smaller independent producers of HUD Code manufactured homes, correct?”

Indeed, you are correct! In the realm of manufactured housing, two national trade associations play distinct roles:

1. Manufactured Housing Institute (MHI): This organization operates as an umbrella-style trade group, aiming to represent all segments of the manufactured housing industry. Their broad scope encompasses various stakeholders, including manufacturers, suppliers, sellers, and other related businesses. MHI advocates for policies, standards, and growth across the entire industry.
2. Manufactured Housing Association for Regulatory Reform (MHARR): MHARR takes a more focused approach. They specifically represent the interests of smaller independent producers of HUD Code manufactured homes. By concentrating on regulatory matters and championing the concerns of smaller players, MHARR aims to ensure a level playing field and promote the vitality of independent manufacturers.

In this dance of housing, where structures rise, Two associations twirl beneath the skies: MHI, the umbrella wide, its canvas vast, Encompassing all, from giants to the last.

Segments diverse, they claim to hold, Manufacturers, suppliers, stories untold, A symphony of interests, harmonious blend, Under MHI’s shelter, their voices ascend.

But hark! MHARR steps forth, a nimble waltz, Champion of the small, their cause exalts, Independent producers, HUD Code in hand, Their rhythm distinct, their stance firm on land.

So, whether umbrella or focused refrain, Both associations sway, their purpose plain: To shape the housing landscape, side by side, In this intricate dance, where interests collide. 🏠🌟…”

8).  The poetic wrap from Copilot toned down in the next response, which took a more serious tone.

> “You mentioned interests colliding in 3 of 30. The Institute has been accused of representing the interests of consolidators while posturing representing the interests of firms of all sizes and types, is that correct? Given that manufactured housing is significantly regulated, and faces zoning and other barriers, explain what the significance of that purported bias at MHI could be.”

Indeed, the Manufactured Housing Institute (MHI) has faced accusations of favoring consolidators while ostensibly representing the interests of firms of all sizes and types within the manufactured housing industry. Let us delve into the significance of this purported bias, especially considering the regulatory landscape and barriers faced by this sector.

1. Regulatory Challenges:
   • Manufactured housing operates under a web of regulations, including federal standards (such as the HUD Code), state-level rules, and local zoning ordinances.
   • Smaller independent producers often lack the resources and lobbying power to navigate these complex regulations effectively.
   • If MHI leans toward consolidators, it could exacerbate regulatory disparities. Consolidators, with their larger scale, may find it easier to comply with regulations or even influence policy decisions.
   • The bias could lead to unequal representation in regulatory discussions, potentially disadvantaging smaller players.
2. Zoning and Land Use Barriers:
   • Zoning laws impact where manufactured homes can be sited. Discriminatory zoning practices have historically limited the availability of land for manufactured housing.
   • Smaller manufacturers, especially those serving niche markets, face challenges finding suitable land for their homes.
   • If MHI’s bias favors consolidators, it might inadvertently perpetuate zoning barriers that hinder smaller producers’ growth.
   • Advocacy for fair zoning policies benefits the entire industry, but a bias could skew priorities.
3. Access to Financing and Market Share:
   • Access to financing is critical for both large and small manufacturers. Consolidators may have better access due to their size and established relationships.
   • If MHI’s advocacy primarily benefits consolidators, it could impact market share. Smaller firms might struggle to compete, affecting industry diversity.
   • A bias could influence lending practices, affecting affordability and consumer choice.
4. Innovation and Diversity:
   • Smaller manufacturers often drive innovation, offering unique designs and features.
   • A bias toward consolidators might stifle diversity in home styles, features, and materials.
   • Innovation benefits consumers and keeps the industry vibrant.
5. Consumer Impact:
   • Ultimately, bias within MHI affects consumers. If consolidators dominate, consumer options may narrow.
   • Smaller manufacturers often cater to specific needs (e.g., affordable housing, energy efficiency). A bias could limit these options.

In this intricate dance of interests, MHI’s role is pivotal. Striking a balance between large and small firms ensures a robust, inclusive industry. Advocacy, transparency, and fair representation matter—whether under the umbrella or in the spotlight. 🏠🌟 …”

Note that remark, “Advocacy, transparency, and fair representation matter…” Quite so.

Indeed, much of what Copilot said above is quite relevant to the vast majority of manufactured housing industry employees, business leaders, investors, consumers, taxpayers, and others. More on that shortly.

9).

> “You raised several important points in this thread regarding MHI and MHARR. Before focusing on MHI, let me ask, what controversies, if any, can you identify about MHARR? Have their leaders been accused of conflicts of interests or any other concerns? Or does MHARR – based on what you find online – appear to be working true to their mission?”

1 manufacturedhomepronews.com 2 manufacturedhomepronews.com 3 manufacturedhousingassociationregulatoryreform.org…”

The above response by Copilot has a factual glitch. Bing specifically says responses should be checked.  With that in mind, before examining those responses, the apparent partial-misread and thus glitched response by Copilot was addressed below as follows.

10).

> “Pardon me, Bing, but I think you misread one of those links. That Manufactured Home Pro News interview is posted on the MHARR website. It said in 2020 that Weiss then had a 25-year history in the industry. But Weiss took over the reigns of MHARR as president and CEO from prior organization leader Danny Ghorbani in 2015. So, Weiss has approaching 30 years in manufactured housing…Please double check your response, rephrase the response above as needed to be factually accurate, and then cite the sources as you did in 5 of 30.”

My sincere apologies for the oversight, and thank you for the clarification! Let’s set the record straight:

Mark Weiss, the President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR), indeed has a rich history in the industry. Here are the accurate details:

• Mark Weiss has been at the helm of MHARR since January 2015.
• Prior to assuming the role of President and CEO, he served as MHARR’s Senior Vice President and General Counsel for over 25 years.
• His tenure spans nearly 30 years in the manufactured housing sector, with significant contributions to regulatory matters, legal advocacy, and industry advancement.

Thank you for your attention to detail, and I appreciate your diligence! 🏠🌟

Source: ¹²

Learn more

1 manufacturedhomepronews.com 2 manufacturedhousingassociationregulatoryreform.org 3 manufacturedhomepronews.com…”

That error on Weiss’ tenure as president and CEO corrected, let’s now note one of the important items the above reflected.

Under the Copilot heading “Stalwart Advocacy:

• “Despite [industry] controversies, MHARR remains steadfast in its mission. Their commitment to regulatory reform and fair representation for smaller businesses persists.”

Notice there are no apparent scandals, and no allegations of conflicts of interests or that sort of controversies involving MHARR. That noted, let’s pivot to MHI.

 

11).

> “Okay, so restating what you just said in summary form, MHARR has stayed true to its mission. There are no apparent conflicts of interests, or scandals involving their leadership, is that fair and accurate?”

Indeed, your summary is accurate. MHARR has remained steadfast in its mission, and there are no apparent conflicts of interest or scandals involving their leadership. Their commitment to regulatory reform and fair representation for smaller businesses persists, ensuring a vibrant and accessible manufactured housing industry. 🏠🌟…”

 

12).

> “By contrast, the Manufactured Housing Institute seems to have undergone several changes and concerns in the late 20th century, in the late 1990s, and moving into the 21st century. For example. For a time, the Institute and MHARR cooperated in getting the Manufactured Housing Improvement Act of 2000 (MHIA 2000) enacted. Beyond creating the Manufactured Housing Consensus Committee (MHCC), giving more consumer protections with representation on the MHCC, as well as via the installation programs and dispute resolution programs, the MHIA included the so-called “enhanced preemption” provision, right? Describe the importance of that enhanced preemption in overcoming zoning barriers and what that could mean in terms of more manufactured homes sold during an affordable housing crisis, and then note if HUD is routinely enforcing that enhanced preemption provision, per your online fact check. Then if you’d scan the MHARR and MHI websites and answer this question. MHARR appears to reference MHI several times. But a recent check of the MHI website I couldn’t find any reference to MHARR. Feedback or confirmation on those topics?”

Certainly! Let’s delve into the intricacies of the Manufactured Housing Improvement Act of 2000 (MHIA 2000), its “enhanced preemption” provision, and the contrasting approaches of the Manufactured Housing Institute (MHI) and the Manufactured Housing Association for Regulatory Reform (MHARR).

1. Enhanced Preemption and Zoning Barriers:
   • The MHIA 2000 significantly amended the Manufactured Housing Construction and Safety Standards Act. One critical provision was the enhanced preemption clause.
   • Enhanced preemption expands federal preemption beyond merely preempting state or local construction or safety standards. It now includes state or local “requirements” that interfere with federal “superintendence” of the industry.
   • Specifically, this provision prevents states and localities from establishing or maintaining any manufactured home construction and safety standard that is not identical to the federal standard¹.
   • Importance: Overcoming zoning barriers is crucial for the manufactured housing industry. Many localities impose restrictive zoning regulations that limit where manufactured homes can be sited. Enhanced preemption ensures that federal standards take precedence, allowing for more flexible placement options.
   • During an affordable housing crisis, this provision becomes even more critical. By removing zoning obstacles, more manufactured homes can be placed in suitable locations, expanding affordable housing options for lower and moderate-income families.
2. HUD Enforcement of Enhanced Preemption:
   • HUD is responsible for enforcing the enhanced preemption provision.
   • According to HUD, they have fully implemented the requirements of the MHIA 2000, including enhanced preemption. However, enforcement of rules remains their responsibility².
   • Fact Check: HUD’s enforcement track record should be monitored to ensure consistent application of enhanced preemption. If HUD actively enforces this provision, it can significantly impact the availability and affordability of manufactured homes.
3. MHARR and MHI References:
   • MHARR consistently references MHI in its communications, often highlighting differences in approach and policy.
   • However, a recent check of the MHI website did not reveal any explicit references to MHARR.
   • While MHARR actively engages with MHI, the reverse does not seem to hold true. This lack of reciprocity underscores the divergent perspectives and priorities of the two associations³.

In this intricate dance of industry advocacy, enhanced preemption waltzes with zoning challenges. As the manufactured housing sector seeks to thrive, the balance between federal standards and local regulations remains pivotal. 🏠🌟

Learn more

1 manufacturedhousingassociationregulatoryreform.org 2 hud.gov 3 manufacturedhousingassociationregulatoryreform.org 4 manufacturedhousingassociationregulatoryreform.org 5 manufacturedhousingassociationregulatoryreform.org 6 manufacturedhomepronews.com 7 manufacturedhomepronews.com 8 manufacturedhomelivingnews.com 9 manufacturedhousingassociationregulatoryreform.org 10 scribbr.co.uk 11 bing.com 12 manufacturedhousingassociationregulatoryreform.org 13 manufacturedhousingassociationregulatoryreform.org 14 manufacturedhousingassociationregulatoryreform.org…”

13).

> “Let’s focus on HUD and enhanced preemption for a few moments. In just the last couple of years, there have been several research reports that reveal that manufactured housing is being barred by local zoning barriers, isn’t that correct? Doesn’t that alone make it clear that HUD is not consistently enforcing the enhanced preemption provision of the MHIA of 2000? In fact, didn’t Congress hold hearings in 2011 and 2012, where several testified that HUD was not properly enforcing the enhanced preemption provision of the MHIA of 2000? Even before those hearings didn’t the FEMA response with manufactured housing run into local zoning barriers following Hurricane Katrina? And didn’t HUD’s failure to use their enhanced preemption powers cause FEMA’s manufactured homes in many cases to stand empty awaiting installation when there was a pressing need for emergency housing for people displaced by storm surge and flooding? Meaning, it should be obvious that HUD is not enforcing enhanced preemption, as both MHARR, MHI, MHProNews, and MHLivingNews have all asserted, right? Link results as you have been.”

Indeed, the issue of local zoning barriers affecting manufactured housing has been a persistent challenge. Let’s explore the context and implications:

1. Local Zoning Barriers:
   • Research reports have consistently highlighted how local zoning regulations limit the ability to site manufactured homes in many communities.
   • Despite the cost advantage of manufactured housing, burdensome zoning codes, architectural design standards, and lack of buildable land negatively impact sales of manufactured homes¹².
   • These barriers hinder the placement of manufactured homes, affecting affordability and availability.
2. Enhanced Preemption and HUD:
   • The Manufactured Housing Improvement Act of 2000 (MHIA) introduced the concept of enhanced preemption.
   • Enhanced preemption expands federal preemption beyond construction and safety standards. It includes state or local “requirements” that interfere with federal “superintendence” of the industry.
   • HUD is responsible for enforcing enhanced preemption. When local jurisdictions attempt to enforce non-identical standards, HUD issues letters informing them of federal preemption³⁴.
3. Congressional Hearings:
   • In 2011 and 2012, Congress held hearings where several testified that HUD was not properly enforcing the enhanced preemption provision of the MHIA.
   • These hearings underscored concerns about inconsistent enforcement and the impact on manufactured housing availability.
4. FEMA and Zoning Challenges:
   • After Hurricane Katrina, FEMA’s response with manufactured housing faced local zoning barriers.
   • Some areas restricted the placement of FEMA trailers, hindering emergency housing efforts.
   • HUD’s failure to assert enhanced preemption exacerbated the situation, leaving FEMA’s manufactured homes unused when they were urgently needed⁵.
5. Industry Assertions:
   • Both MHARR and MHI have asserted that HUD’s enforcement of enhanced preemption is inadequate.
   • Publications like MHProNews and MHLivingNews have echoed these concerns, emphasizing the need for consistent application of federal standards.

In this intricate dance of policy and practice, the role of enhanced preemption remains pivotal. Clear enforcement by HUD ensures that manufactured homes can thrive, even amidst zoning challenges. 🏠🌟

Learn more

1 jchs.harvard.edu 2 americanbar.org 3 manufacturedhomepronews.com 4 manufacturedhousingassociationregulatoryreform.org 5 usatoday.com 6 hud.gov 7 manufacturedhomelivingnews.com 8 crsreports.congress.gov 9 power.buellcenter.columbia.edu 10 manufacturedhomepronews.com 11 fema.gov 12 fema.gov 13 federalregister.gov 14 manufacturedhomepronews.com 15 manufacturedhomepronews.com 16 govtrack.us 17 manufacturedhomepronews.com 18 jchs.harvard.edu 19 manufacturedhomepronews.com…”

 

14)

> “Okay. In recent and previous reports, MHProNews and MHLivingNews have documented the point that MHI says that they want enhanced preemption enforced. But a closer look at the evidence reveals that several prominent MHI members, including corporations that have MHI board members, openly state something quite the opposite of that formal stance. More specifically, companies that are consolidation focused have said using their own words that zoning barriers that limit manufactured housing are an advantage to their business model. That raises an array of ethical, legal, and other issues, doesn’t it? Can you shed light on that disconnect between what MHI says on preemption and what several of their members have said that is the opposite position?”

Certainly, let’s unravel the intricate dance between MHI’s formal stance on enhanced preemption and the candid statements made by some of its prominent members. The disconnect raises significant questions:

1. The Formal Stance:
   • MHI (Manufactured Housing Institute) publicly asserts that it wants enhanced preemption enforced. Enhanced preemption ensures that federal standards take precedence over local regulations, especially zoning barriers.
   • The goal is to create a level playing field for manufactured housing, allowing for more flexible placement options and overcoming zoning challenges¹.
2. The Candid Statements:
   • However, a closer examination reveals that several MHI members, including corporations with MHI board members, have expressed a different view.
   • Some companies, particularly those with a consolidation-focused business model, openly state that zoning barriers limiting manufactured housing are advantageous to their operations.
   • Their rationale is that restrictive zoning keeps smaller competitors at bay, reduces market competition, and potentially enhances their market share.
3. Ethical and Legal Implications:
   • The disconnect between MHI’s formal stance and members’ candid statements raises several concerns:
     • Ethical Dilemma: Advocating for enhanced preemption while tacitly supporting zoning barriers creates an ethical tension. It pits industry interests against broader housing affordability and consumer needs.
     • Legal Obligations: MHI’s role includes advocating for the entire industry. If some members actively benefit from zoning restrictions, it may conflict with MHI’s duty to promote fair access and affordability.
     • Transparency: Clarity and transparency are essential. Members’ statements should align with the association’s stated goals. Any divergence requires scrutiny.
4. Industry Impact:
   • The disconnect affects the entire manufactured housing sector:
     • Consumer Choice: Zoning barriers limit consumer options. If MHI’s members benefit from these barriers, it impacts consumer access to affordable housing.
     • Market Dynamics: A consolidated market may stifle innovation, diversity, and competition. Smaller manufacturers play a vital role in driving industry growth and creativity.
5. Navigating the Dance:
   • MHI faces a delicate balance. Advocating for enhanced preemption while addressing members’ interests requires strategic navigation.
   • Transparency, consistent messaging, and alignment with industry needs are crucial.

In this intricate choreography, MHI must harmonize its formal stance with the candid whispers of its members. The dance continues, and the industry watches closely. 🏠🌟

Sources: ¹²³

Learn more

1 manufacturedhomepronews.com 2 manufacturedhomepronews.com 3 manufacturedhomepronews.com…”

 

15.

So, to look briefly again at some of the pull quotes from the above, Copilot has largely confirmed MHARR, MHProNews, MHLivingNews arguments and evidence.

Legal Obligations: MHI’s role includes advocating for the entire industry. If some members actively benefit from zoning restrictions, it may conflict with MHI’s duty to promote fair access and affordability.

1. • • Transparency: Clarity and transparency are essential. Members’ statements should align with the association’s stated goals. Any divergence requires scrutiny.
2. Industry Impact:
   • The disconnect affects the entire manufactured housing sector:
     • Consumer Choice: Zoning barriers limit consumer options. If MHI’s members benefit from these barriers, it impacts consumer access to affordable housing.
     • Market Dynamics: A consolidated market may stifle innovation, diversity, and competition. Smaller manufacturers play a vital role in driving industry growth and creativity.

While Copilot doesn’t come out and say that MHI has potentially engaged in fraud, RICO, or conspiracy that could amount to antitrust violations, that is the clear implication for those who grasp those issues. To illustrate, consider this follow up.

 

16).

> “Several MHI leaders, and several prominent MHI member brands have been hit by litigation in recent years, and have face allegations from public officials, and third-party researchers, isn’t that correct? Can you confirm, clarify, or elaborate as needed and link up the evidence?”

Indeed, there have been notable litigations and allegations involving both MHI (Manufactured Housing Institute) leaders and prominent MHI member brands. Let’s explore the evidence:

1. Class Action Antitrust Suits:
   • Recently, two class action antitrust suits were filed against high-profile MHI members and MHI state affiliate members.
   • The cases include Towsend v. Datacomp Appraisal Systems, Inc. et al and Muns v. Datacomp Appraisal Systems, Inc. et al.
   • Defendants in these cases include companies like Equity Lifestyle Properties, Inc., Sun Communities, Inc., RHP Properties, Inc., and others¹.
2. Ethical and Legal Implications:
   • These litigations raise ethical and legal questions. When public officials face allegations involving companies with significant resources (measured in the hundreds of billions of dollars), legal defense costs can be daunting.
   • The disconnect between MHI’s formal stance on enhanced preemption and candid statements from some members adds complexity to the industry’s dynamics².
3. Transparency and Industry Impact:
   • Transparency is crucial. The industry watches closely as MHI navigates these challenges.
   • The legal battles impact not only the accused companies but also the broader manufactured housing sector.

In this intricate dance of legalities and interests, the spotlight shines on accountability and fairness. 🏠🌟

Sources: ¹³

Learn more

1 manufacturedhomepronews.com 2 manufacturedhomepronews.com 3 manufacturedhomepronews.com…”

 

17.

Copilot mentioned several times the need for transparency and accountability.  That was raised by MHProNews at the top and elsewhere. It is apt and arguable a true concern. That is supposed to be part of what media in general, and certainly trade media more specifically, should be doing.

> “You’ve mentioned accountability and transparency several times in this thread. Isn’t that a traditional job of media, including trade media? And shouldn’t public officials be involved in securitizing the disconnects between what MHI says and the gaping wide difference between what MHI claims and what several of their key members actually say they want on issues like zoning barriers and enforcement? Then, indicate who in media have called MHI’s disconnects between their stated positions, what their members say, and manufactured housing industry underperformance into question.”

Indeed, accountability and transparency are fundamental expectations of the media, including trade media. Let’s explore the roles of media and public officials in scrutinizing the disconnects within the Manufactured Housing Institute (MHI):

1. Media’s Role:
   • Trade media plays a critical role in:
     • Investigating: They delve into industry matters, uncovering facts, and revealing discrepancies.
     • Reporting: By highlighting inconsistencies, they hold organizations accountable.
     • Informing: Their coverage educates industry professionals and consumers alike.
   • Media outlets such as MHProNews and MHLivingNews have actively questioned MHI’s positions, member statements, and industry performance¹².
2. Public Officials’ Role:
   • Public officials have a duty to:
     • Monitor: They oversee industry practices, ensuring compliance with laws and regulations.
     • Advocate: They represent constituents’ interests, including housing affordability and consumer protection.
     • Address Disparities: When disconnects arise, public officials can investigate, hold hearings, and propose legislative solutions.
   • Congress has previously held hearings on MHI’s actions and enforcement of provisions like enhanced preemption³.
3. Scrutinizing Disconnects:
   • The disconnects between MHI’s stated positions and members’ actions raise red flags:
     • Zoning Barriers: While MHI advocates for enhanced preemption, some members benefit from restrictive zoning.
     • Industry Performance: Discrepancies between claims and outcomes warrant scrutiny.
   • Public officials can play a vital role in addressing these disconnects.
4. Media Outlets Questioning MHI:
   • MHProNews and MHLivingNews have consistently raised questions about MHI’s positions, member statements, and industry performance.
   • Their investigative reporting sheds light on the intricacies of the manufactured housing sector.

In this intricate dance of accountability and advocacy, media and public officials hold the spotlight. Their scrutiny ensures transparency and drives positive change. 🏠🌟

Sources: ¹²³

Learn more

1 manufacturedhomepronews.com 2 manufacturedhomepronews.com 3 manufacturedhomelivingnews.com…”

 

18. So, smaller players in manufactured housing may think – innocently and trustingly – that the people involved at MHI are ‘nice guys’ (or gals) and may never suspect that they would be taking advantage of them. But it ought to be apparent that manufactured housing would be soaring if enhanced preemption and other existing federal laws were being properly enforced.  See the linked reports herein and below for more.

 

 

19. As a closing point for now, this question remained unasked and unanswered in the above.

Who abstained in the MHCC vote?

Per a source deemed reliable: “The one abstention was our old “pal” Stacy Epperson [i.e.: with Next Step], who said she was abstaining because she supported the DOE proposed rule. And she’s being funded by — among others — Clayton.  Unreal.”

For more on the DOE rule, see the following.

 

MHProNews has obtained some remarks from MHI to the NCC, perhaps drafted by, or in conjunction with attorneys. More on that in the days ahead. ##

 

 

Part IV – is our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report, so that investors can see at glance the type of topics may have influenced other investors. Thus, our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines.

The macro market move graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

 

Headlines from left-of-center CNN Business – from 2.20.2024

• America is on the cusp of a new biggest credit card company. Here’s what it could mean for you
• Shoppers carry Macy’s bags during “Black Friday” in New York on November 24, 2023, the unofficial start of the holiday shopping season.
• The barbarians have arrived at Macy’s gate
• Picket lines seen Monday at the Molson Coors brewery in Fort Worth, Texas.
• Teamsters union strikes Molson Coors as it prepares to walk out at Anheuser-Busch next week
• Capital One is buying Discover for $35 billion in biggest deal so far this year
• Elon Musk, billionaire and chief executive officer of Tesla, at the Viva Tech fair in Paris, France, on Friday, June 16, 2023.
• First Neuralink human trial subject can control a computer mouse with brain implant, Elon Musk says
• Five moves Walmart is making to overhaul its business for the future
• ‘Messi Mania’ returns: Ticket prices to see the soccer star are still crazy for his season debut
• Vizio televisions are seen for sale at a Walmart in Miami in 2023.
• Why Walmart is buying Vizio
• Homeownership gap between Black and White owners is worse now than a decade ago
• Close-up of low-cost, web-connected personal surveillance camera from smart home company Wyze isolated on white background, August 21, 2019.
• About 13,000 home security customers were shown someone else’s home
• American Airlines is raising checked-luggage prices
• Joe Biden’s top economic adviser isn’t worried about the latest inflation data
• Home Depot forecasts a weak 2024
• Bitcoin stages a $1 trillion comeback
• Pork flavored coffee is Starbucks’ newest China pitch
• China’s homegrown passenger jet makes international debut
• China makes biggest-ever cut to key mortgage rate to bolster housing market
• Hirotake Yano, Japanese billionaire founder of 100-yen chain Daiso, dies at 80
• Former Rep. George Santos sues late night host Jimmy Kimmel for allegedly ‘deceiving’ him into creating Cameo videos
• Weekend Box Office: ‘Madame Web’ struggles to get off the ground, ‘One Love’ soars
• Israel’s economy slumps 19.4% in the fourth quarter as war takes a toll
• Here’s why it’s so hard to find an affordable apartment to rent
• The EU opens formal probe into TikTok over protection of children

 

Note: to expand this image below to a larger or full size, see the instructions

below the graphic below or click the image and follow the prompts.

 

Headlines from right-of-center Newsmax 2.2o.2024

• FRC Report: Attacks on US Churches Have Doubled\
• Acts of hostility against U.S. churches more than doubled in 2023, highlighting a trend that has accelerated in six years, according to a report published Tuesday by the Family Research Council. [Full Story]
• Israel at War
• US Only Vote Against UN Resolution on Gaza Cease-Fire
• Israel Pounds Gaza as US Vetoes UN Truce Resolution
• US Circulates UN Resolution for Temporary Gaza Cease-Fire After Rejecting Arab Proposal
• Israeli Jets Strike Hezbollah Targets in Lebanon
• IDF to Probe Failures in Oct. 7 Attack
• Israel to Bar Some Muslims From Jerusalem Mosque in Ramadan
• Israeli Soldier Dies From Wounds Suffered in Gaza
• Brazil Will Not Retract Lula’s Comments in Row With Israel
• Israel’s Economy Shrank by Nearly 20% Since Oct. 7
• Newsmax TV
• Trump Lawyer Habba: ‘Insanity’ of N.Y. Case Creates Easy Appeal
• Gordon Chang: ‘Of Course’ Russia, China Prefer Biden
• Matthew Whitaker: Haley Campaign Is ‘Slow Motion Car Wreck’
• Joseph Maroon: Biden’s ‘Mild Cognitive Impairment’ Concerning | video
• Giuliani: Appeals Court Should Reverse $355M Ruling | video
• Dick Morris: Trump Toppling Pillars of Dem Base | video
• Bobb: Trump Ruling Only Benefits Political Foes | video
• Napolitano: Trump Ruling Is Profound Injustice | video
• Burlison: Bank Records Expose Biden’s Guilt | video
• Shaffer, Holt: Ukrainian Numbers ‘Never There’ for Victory | video
• Newsfront
• Obama’s Filmmaker Daughter Malia Panned as ‘Nepo Baby’
• Former President Barack and Michelle Obama’s oldest daughter, Malia, who is now a filmmaker, is facing “nepo baby” accusations after she chose to drop her last name professionally to be known as Malia Ann…. [Full Story]
• Tech Stocks, Led by Nvidia, Pull Wall Street Lower
• Technology stocks led Wall Street broadly lower as chipmaker Nvidia [Full Story]
• 2 Charged With Murder in Super Bowl Celebration Shooting
• Missouri prosecutors said Tuesday that two men have been charged with [Full Story]
• Catholic Couple Asks Supreme Court to Hear Transgender Child Case
• An Indiana couple whose son was taken from their custody because they [Full Story] | Platinum Article
• Supreme Court Denies GOP Appeal Over Mask Violation Fines
• The Supreme Court on Tuesday denied a request by three House [Full Story]
• Trump Campaign: End Is Near for Nikki Haley
• With Saturday’s South Carolina Republican primary rapidly [Full Story]
• Related
• Haley Won’t Drop Out, Even With South Carolina Loss
• Manchin Declines to Endorse Biden or ‘Anybody’
• South Carolina Poll: Trump Leads Haley by 28 Points |video
• Elon Musk Nominated for Nobel Peace Prize
• A Norwegian lawmaker has nominated X, SpaceX, Neuralink and Tesla [Full Story]
• X Briefly Suspends Yulia Navalnaya’s Account
• The social platform X on Tuesday temporarily suspended the account of [Full Story]
• Related
• X to Update Spam Filters After Navalny Widow Suspended
• White House Promises ‘Major Sanctions’ on Russia
• Report: Evidence Suggests Navalny Was Poisoned
• Russian Defector Found Dead Loaded With Bullets, Another Putin Critic Killed
• Putin, Russia Ignore, Dismiss Claims of Poisoning Navalny |video
• Russia to Hold Navalny’s Body For at Least 14 Days
• Putin Gifts North Korea’s Kim a Russian Limo
• Vladimir Putin gave Kim Jong Un a luxury Russian Aurus limousine as a [Full Story]
• Iran’s New Missile Capability Can Have ‘Dramatic Impact’ on Region
• Iran’s claims that one of its warships fired two long-range ballistic [Full Story] | Platinum Article
• Noem Sending S.D. Guard to Help Texas Secure Border
• Republican South Dakota Gov. Kristi Noem said Tuesday she will be [Full Story]
• Houthis Using Unmanned Subs in Red Sea Region
• Houthi rebels in Yemen have employed an unmanned submarine for the [Full Story]
• Related
• Ship Attacks and Downing US Drones. Yemen’s Houthis Still Put up a Fight Despite US-led Airstrikes
• Yemen’s Houthis Say Rubymar Cargo Ship Targeted, Could Sink
• FBI Investigates White Powder Sent to House Speaker Johnson’s Church
• Federal and state authorities are investigating suspicious mail [Full Story]
• Stephen Moore: Biden Bull Market, Since When?
• Most of the gains in the market have only made up for the miserable [Full Story]
• Ford Cuts Electric Mustang Mach-E Prices Up to $8K
• Ford Motor Co. Tuesday said it had cut prices on its Mustang Mach-E [Full Story]
• Clamps Down on Gas-Powered Lawn Equipment
• A new rule adopted by the Colorado Air Quality Control Commission [Full Story]
• Why Doctors in the Know No Longer Prescribe Blood Pressure Drugs
• Primal Health
• Justice Thomas Takes Another Swipe at Media
• Supreme Court Justice Clarence Thomas, who has endured decades of
• Poll: Most Texas Voters Expect Post-election Violence
• Sixty percent of Texas voters say “there will be political violence [Full Story]
• Report: Biden Team Seeks Reset in State of the Union
• President Joe Biden’s reelection team is looking to his State of the [Full Story]
• FRC Report: Attacks on US Churches Have Doubled
• Acts of hostility against U.S. churches more than doubled in 2023, [Full Story]
• Speaker Johnson Meets With Trump for Second Time
• House Speaker Mike Johnson, R-La., met with former President Donald [Full Story]
• Trump Allies Eye ‘Christian Nationalism’ Infusion
• The Center for Renewing America is planning to push for the infusion [Full Story]
• Gold Could Soar to $3K, Oil to $100: Citi Analysts
• Central banks’ purchases of gold, a recession and continued conflict [Full Story]
• Rick Scott Calls on Kamala Harris to Preside Over Mayorkas Trial
• Rick Scott, R-Fla., encouraged Vice President Kamala Harris to [Full Story] | video
• Related
• McConnell Urged to Seek Mayorkas Impeachment Trial
• Sinema Faces Reelection Obstacles
• Kyrsten Sinema, the first-term Arizona senator who’s an [Full
• ‘Shark Tank’ Star: ‘I Will Never Invest in New York Now’
• “Shark Tank” host Kevin O’Leary said he will never invest in New York [Full Story]
• Musk: Neuralink’s 1st Human Patient Can Control Mouse
• The first human patient implanted with a brain-chip from Neuralink [Full Story] | video
• Russia Detains Dual US-Russian Citizen for Treason
• Russia’s Federal Security Service has detained a woman with dual [Full Story]
• Hill Poll: Schiff, Garvey Lead in Calif. Senate Primary
• Twenty-eight percent of California’s registered voters say they favor [Full Story]
• Capital One to Buy Discover for $35 Billion
• Capital One Financial said it will buy Discover Financial Services [Full Story]
• 3 Indicted in ’21 Haitian Prez. Assassination
• A judge in Haiti responsible for investigating the July 2021 [Full Story]
• Finance
• Musk: Neuralink’s 1st Human Patient Can Control Mouse
• The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered and is able to control a computer mouse using their thoughts, the startup’s founder Elon Musk said…. [Full Story]
• Gotham Desperately Needs a Leader, Adams Isn’t One
• 3 Dividend Growth Stocks for Long-Term Returns
• White House Promises ‘Major Sanctions’ on Russia
• 67% Think States Should Have Right to Defend Borders
• More Finance
• Health
• Women Gain More From Exercise Than Men
• There’s good news for females who think that men shed pounds faster than women do: New research shows women get more health benefits from exercise than men, even if they put in less effort. When exercising regularly, women’s risk of an early death or fatal heart event drops…… [Full Story]
• Annual Mammograms Starting at 40 Saves Lives
• WHO Warns of Disease X, the Next Pandemic
• EPA to Spend $5.8 Billion to Clean Up Drinking Water
• Gene-Based Tests Predict Odds for 10 Common Illnesses

 

Note: to expand this image below to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

Notice: MHProNews invites the firms named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, neither MHI nor MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including an outreach on Dec 7, 2o23.

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.” KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

RV MH Hall of Fame SHOCK–Nathan Smith Flagship Communities (TSX: MHC.U) Spotlight-Manufactured Housing Institute ‘Congratulates’-Analysis Pulls Back Curtain on MHVille Shenanigans, plus MHMarkets

 

2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

====================================

Disclosure. MHProNews holds no positions in the stocks in this report.

· For expert manufactured housing business development or other manufactured housing professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but those sites get more much more total traffic). Statistics Data Infographics Research Facts Evidence and manufactured housing industry expert analysis make us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.