Manufactured Housing Institute of South Carolina (MHISC) Meeting Announcement, Another ROC Manufactured Home Community Deal; plus Manufactured Home Equities Updates

ManufacturedHousingInstituteOfSouthCarolinaLOGO-MHISC-logoMeetingAnnouncementAnotherROCManufacturedHomeCommunityDealPlusManufacturedHomeEquitiesUpdatesMHProNews

From time to time, MHProNews shares a media release from manufactured housing industry or other relevant organizations. The Manufactured Housing Institute of South Carolina (MHISC) requested that MHProNews run the following announcement.  Another recent media release sent to MHProNews about the latest resident owned community (ROC) deal follows it. Here is the MHISC media release as provided to the obviously largest and apparently most-read trade publication in manufactured housing; i.e. MHProNews.

 

ManufacturedHousingInstituteOfSouthCarolinaLOGO

COLUMBIA – The Manufactured Housing Institute of South Carolina hosts its spring meeting May 3 & 4 in downtown Columbia.

The meeting is being held at the Columbia Metropolitan Convention Center to accommodate the expected turnout. Rooms are available at the Hilton hotel on the same block.

Events include an awards dinner, expert guest speakers, a golf tournament, and two free hours of continuing education. Join the association as we celebrate the induction of distinguished industry members into MHISC’s Hall of Fame.

Additionally, all of MHISC’s member-led committees will meet to discuss important trends and continue work on projects to help better the industry overall.

MHISC’s room block is now open. The Hilton is offering a special rate for attendees of the meeting. Check out our webpage for more info.

Register today! You can access online registration, hotel reservation, and more information about the meeting at this one convenient link:

mhisc.com/spring

MHISC is a non-profit business association representing the manufactured and modular housing industries in South Carolina. The member-run organization was founded in 1967. MHISC’s mission is to maximize opportunities for South Carolinians to enjoy the benefits of factory-built homes. ##

Another Facebook post from MHISC is the following.

Earlier this month was this media release to MHProNews.

 

Danville residents buy their manufactured-home park

NH Community Loan Fund helps homeowners organize and purchase
Spruce Valley Mobile Home Park

DANVILLE, NH – Homeowners in Spruce Valley Mobile Home Park have purchased their 35-unit manufactured-home park, making it New Hampshire’s 141st resident-owned community (ROC).

In recent years, resident groups have had to compete with the wealth of private equity firms when attempting to buy the parks they live in.

That was the case in the Spruce Valley purchase. An out-of-state company had offered $1.7 million for the park last summer. Using training and technical assistance from the Community Loan Fund’s ROC-NH™ team, the homeowners organized Spruce Valley Cooperative in August, matched the offer, and purchased the park March 1 with financing from the Community Loan Fund.

Pam LaPrell, a homeowner in the park and an active participant throughout the process, said, “Having gone through my own financial hardship 20 years ago as a single mother, I understand how important affordable housing is. Seeing the ever-increasing cost of local real estate and property taxes, it feels amazing to know we are helping the residents control their rent, which in turn helps keep their housing affordable.”

“I moved to Spruce Valley MHP in 1996. I raised my children there. I have always loved the rural, peaceful location. Knowing that the land our home sits on is now secure from being sold is a huge relief,” she said. “I’m excited for the future of our small park!”

Now that Spruce Valley Cooperative is resident-owned, homeowners there are eligible for products and services, like real mortgages, which haven’t been available to them. Studies show that the availability of home financing, when the land is secure, improve the home’s value, the owner’s ability to make improvements, and overall housing affordability.

“We’re happy that Spruce Valley will now be owned by the people who care most about the community’s future—its residents,” said Tara Reardon, the Community Loan Fund’s Vice President of ROC-NH. “Because they own it, they now control the rents and rules. They’re in charge.”

Spruce Valley is Rockingham County’s 28th ROC. Those communities contain 1,693 affordable homes.

For 38 years, the Community Loan Fund has worked in towns and cities across N.H. to connect people, families and business owners with the loans, training and advice that allow them to have affordable homes, secure jobs, and quality childcare, and become more economically stable.

The more-than-8,500 homeowners in N.H.’s ROCs have access to fair home financing, as well as an annual leadership training in which they earn college credit, and management guidance.

A full list of ROCs in N.H. is available at http://www.communityloanfund.org/how-we-help/roc-nh/nh-cooperatives.

For more information on the Community Loan Fund, go online to www.communityloanfund.org or call Director of Communications and Marketing Steve Varnum at (603) 224-6669, ext. 277.

About the New Hampshire Community Loan Fund

The New Hampshire Community Loan Fund, based in Concord, N.H., turns investments into loans and education to create opportunity and transform lives. We collaborate with a wide range of donors and investors, and with business, nonprofit and government partners, to provide the financing and support people need to have affordable homes, have quality jobs and child care, and become financially independent. Established in 1983, the Community Loan Fund was one of the first Community Development Financial Institutions in the nation and has received industry awards and recognition for social impact, financial strength, and performance. www.communityloanfund.org ##

 

Media releases are what they are, and they have been periodically provided by MHProNews since the early days of this platform over a dozen years ago. State and national associations, corporate, federal, ROC and other nonprofit releases have been among them. Press releases may contain authentic news which industry professionals should be aware of and consider.

 

Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.

The Business Daily Manufactured Home Industry Connected Stock Market Updates.  Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.

 

Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…

YahooFinanceLogo9ClosingStocksEquitiesBroaderMoneyMarketInvestmentIndicatorsGraphic3.21.2022MHProNews
“In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.
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Some commentators are saying that the actual rate of inflation in the U.S. is more like 15 to 20 percent. As the value of the dollar erodes, that impact should be considered when looking at stock market performance. Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.

Headlines from left-of-center CNN Business – from the evening of 3.21.2022

  • Vast wealth on display
  • Russian President Vladimir Putin meets with Governor of Russia’s Yamalo-Nenets Autonomous Region Dmitry Artyukhov at the Kremlin in Moscow on March 21, 2022.
  • New Russian asset tracker details the mansions and yachts owned by oligarchs linked to Putin
  • Zelensky calls out Nestlé over its ties to Russia
  • White House considered gas cards to help with soaring prices
  • Inflation. Covid. CEOs’ optimism is dimming
  • The SEC wants companies to disclose how much they pollute
  • Here’s how thieves are stealing gas across the US
  • Chinese stocks are on a roller coaster with no end in sight
  • Buffett’s Berkshire Hathaway is buying insurer Alleghany for $11.6 billion
  • Blue Origin announces replacement for Pete Davidson on next space tourism mission
  • Apple services including App Store, Apple Music and iCloud hit by outage
  • Why WhatsApp wants to convince Americans to stop sending text messages
  • Disney braces for more walkouts protesting CEO Bob Chapek
  • US Federal Reserve Chairman, Jerome Powell, testifies before the House Financial Services Committee on “The Semiannual Monetary Policy Report to the Congress,” in Washington, DC, on March 3, 2022.
  • Fed Chairman Powell: We need to raise interest rates quickly
  • A China Eastern Airlines Boeing 737-800 aircraft on the tarmac on February 13, 2022 in Kunming, Yunnan Province, China.
  • A 737 crashed in China. What we know about the plane
  • The first cargo of liquefied natural gas (LNG) delivered by Qatar Petroleum for China's Sinopec is unloaded at Tianjin LNG Receiving Terminal on January 15, 2022 in Tianjin, China.
  • Energy markets are changing in big ways
  • INNOVATION
  • Gravity could solve renewable energy’s biggest problem
  • The startup that created a step counter for cows
  • They’re transforming palm leaves into tableware
  • A robot is killing weeds by zapping them with electricity
  • These futuristic pods could help cities solve their traffic problems
  • RETURN TO WORK
  • These recent grads landed office jobs, but they’ve barely set foot in the office
  • Most remote workers don’t want to return to the office
  • These companies decided to go fully remote
  • Why resume gaps aren’t a big deal anymore
  • Working remotely in a different state than your employer? Here’s what that means for your taxes

Headlines from right-of-center Newsmax – evening of 3.21.2022

  • Ukrainians’ Voice: Referendum Needed for Any Compromise With Russia, Insists President Zelenskyy
  • “The people will have to speak up and respond to this or that form of compromise. And what they (the compromises) will be is the subject of our talks and understanding between Ukraine and Russia,” [Full Story]
  • Russian Invasion of Ukraine
  • Pentagon to Help Gather Evidence of Russian War Crimes in Ukraine
  • Ukraine: Russia Deporting Children from Occupied Areas
  • US Has Not Explored Options for Biden to Visit Ukraine: WH
  • Russian Billionaire’s Yacht Docks in Gibraltar, Is Detained
  • Russia Summons US Ambassador Over Biden’s ‘Unacceptable’ Comments
  • Trump: Biden ‘Going With a Very Weak Hand’ on Russia
  • WSJ: US Sending Soviet Air Defense Systems to Ukraine
  • Ukraine Won’t Yield Mariupol; Russia Warns of Humanitarian Disaster
  • Russia Declares Meta ‘Extremist’
  • UK Intelligence: Russian Forces Stalled 15 Miles Outside of Kyiv
  • Children’s Hospital in Kyiv Faces ‘Terrible’ Trauma of War
  • Zelenskyy Bans 11 Ukrainian Political Parties With Russian Ties
  • Zelenskyy: If Next Negotiations Fail, It’s ‘World War’ III | video
  • More Russian Invasion of Ukraine
  • Newsmax TV
  • Ric Grenell: Biden’s Wait for Brussels Gives Putin ‘Running Room’ | video
  • Blackburn: ‘Serious Concerns’ Over Justice Nominee’s Record | video
  • ´x-Energy Official: Ukraine Not on ‘Precipice’ of Nuclear Disaster | video
  • Comer to Newsmax: ‘Disappointing’ to See ‘Very Liberal’ SCOTUS Nominee | video
  • Ric Grenell: Biden ‘Shoved Aside’ Diplomacy, Thousands Dead | video
  • Gen. Holt: Russia Waging ‘War Against Civilians’ | video
  • Dobriansky: ‘Putin Can’t Get Away With Impunity’ | video
  • More Newsmax TV
  • Newsfront
  • Missouri Proposal Attempts to Escalate Fight Against Abortion Access
  • In a major escalation in the conservative effort to limit abortion access, a proposed law would permit citizens to sue individuals who help Missouri residents get an abortion, even if they live outside the state, Politico reported on Monday…. [Full Story]
  • Related Stories
  • Va. Gov Signs Law Barring Abortion Because of Disability
  • Wall Street closed lower on Monday, with stocks extending their slide [Full Story]
  • Jackson Faces ‘Tough’ GOP Questions in Supreme Court Confirmation
  • The Senate Judiciary Committee opened Supreme Court confirmation [Full Story]
  • Related
  • Poll: 55 Percent Say Jackson Should Be Confirmed to Supreme Court
  • Judge Jackson Once Rebuked Journalist as ‘Irredeemably Evil’
  • Jackson Vows Independence Amid Republican Grilling
  • Biden’s Plans Could Prompt April Illegal Immigration Explosion
  • The number of illegal immigrants flooding across the U.S. border has [Full Story] | Platinum Article
  • US Has Not Explored Options for Biden to Visit Ukraine: WH
  • The White House has not explored options for U.S. President Joe Biden [Full Story]
  • Gottlieb: Newest COVID Variant May Drive Spring Infection Spike
  • The BA.2 COVID variant will likely drive another spike in infections [Full Story] | video
  • Missouri AG Sues Over Biden Plan to Treat Parents as ‘Domestic Terrorists’
  • Missouri Attorney General Eric Schmitt wants to know exactly what [Full Story] | Platinum Article
  • Hurdles to Using Pills to Treat COVID-19 Persist
  • High-risk COVID-19 patients now have new treatments they can take at [Full Story]
  • Related
  • FDA Advisers to Discuss COVID Vaccine Boosters in April
  • AstraZeneca COVID Drug Neutralizes Omicron Subvariants in Study
  • Trump: Biden ‘Going With a Very Weak Hand’ on Russia
  • Blasting President Joe Biden’s “weak hand” on Russia, former [Full Story]
  • Florida Gov. DeSantis Earmarks $800 Million for Teacher Pay Raises
  • Florida Gov. Ron DeSantis announced Monday that he’s raising the [Full Story]
  • Powell Says Fed Will Hike Further and Faster If Necessary
  • Chair Jerome Powell said Monday that the Federal Reserve would raise [Full Story]
  • High Court Rejects Case of Christian Group, Bisexual Lawyer
  • The Supreme Court says it won’t review the case of a Seattle-based [Full Story]
  • Ukraine President Zelenskyy Thanks Mila Kunis and Ashton Kutcher for $35M Fundraising Effort
  • Ukrainian President Volodymyr Zelenskyy has praised Hollywood couple [Full Story]
  • Russia Summons US Ambassador Over Biden’s ‘Unacceptable’ Comments
  • S.-Russia relations were “on the brink” Monday when the Russian [Full Story]
  • Leading Dems Concerned About Biden’s Efforts to Revive Iran Deal
  • Leading Democratic senators are among those who are wary that the [Full Story]
  • NYC Mayor Adams Torn Between Closing Rikers, Fighting Crime
  • New York City Mayor Eric Adams campaigned on a promise to back the [Full Story]
  • Senate Candidate Mo Brooks Calls for McConnell’s Ouster
  • Less than a week after former President Donald Trump said Rep. Mo [Full Story]
  • Germany in Talks With Qatar on Long-Term Gas Supplies
  • Germany and Qatar are negotiating a long-term energy partnership, [Full Story]
  • UN Chief: Don’t Let Russia Crisis Fuel Climate Destruction
  • UN Chief: Don’t Let Russia Crisis Fuel Climate Destruction
  • Countries scrambling to replace Russian oil, gas and coal supplies [Full Story]
  • Plane Carrying 132 People Crashes in China
  • A China Eastern Airlines passenger jet with 132 people on board [Full Story]
  • Senate Poised for Hearings of First Black Woman to Supreme Court
  • Judge Ketanji Brown Jackson, the first Black woman nominated to the [Full Story]
  • Oil Jumps as EU Weighs Russian Ban, Saudi Refinery Output Hit
  • Oil prices jumped more than $3 on Monday, with Brent above $111 a [Full Story]
  • Australia to Make Big Tech Hand Over Misinformation Data
  • Australia’s media regulator will be able to force internet companies [Full Story]
  • Coach K’s Last Ride Continues as Duke Closes Out Spartans
  • Mike Krzyzewski’s emotions began to flow with a few seconds left on [Full Story]
  • Georgia, Maryland Suspend State Gas Tax
  • Two states have suspended state gas taxes as prices increase [Full Story]
  • Eisenhower, Powell, Tubman May Replace Confederates on Army Bases
  • A Naming Commission for military assets announced Thursday that it [Full Story]
  • Ye No Longer Performing at Grammys
  • Ye will not be performing at the Grammys this year. A report [Full Story]
  • Republicans Demand New Probe Into Hunter Biden Following NYT Story
  • Numerous Republicans are calling for a new investigation into Hunter [Full Story]
  • Murphy: Putin Should Not be Allowed ‘Back Into the World Order’
  • Chris Murphy, D-Conn., suggested in his “Meet the Press” [Full Story]
  • Kudlow: New Iran Nuke Deal ‘Worst Foreign Policy Story’ Ever
  • As much as inflation and a future recession are concerns for [Full Story]
  • Author Peter Schweitzer: ‘Flashpoints’ in Hunter Biden Scandal Include Ukraine, Russia, China
  • Writer Peter Schweizer on Sunday said the “three big flashpoints” in [Full Story]
  • More Newsfront
  • Finance
  • Meta, Netflix, Zoom Execs Look to Exits as Stocks Tank
  • Employees of Meta (FB), Netflix (NFLX) and Zoom (ZM), whose stocks have fallen dramatically in recent months, are looking to the exits…. [Full Story]
  • White House Warns US Companies About ‘Preparatory’ Russian Hacking
  • Major Credit Agencies To Drop Most Medical Debt
  • Russian Billionaire’s Yacht Docks in Gibraltar, Detained by Authorities
  • Morgan Stanley CIO: Last Week’s Bump a ‘Vicious Bear Market Rally’
  • More Finance
  • Health
  • COVID-19 Cases Due to BA.2 Variant Expected to Rise in US
  • The BA.2 variant has caused a rise of COVD-19 cases in Europe and experts say a similar pattern may be coming to the U.S. And the most vulnerable group are those over 65. As many as 28 million seniors remain at risk of becoming severely ill, either because they are not…… [Full Story]
  • Major Credit Agencies To Drop Most Medical Debt
  • Excess Weight in Midlife Means a Shorter, Sicker Old Age: Study
  • FDA Advisers to Discuss COVID Vaccine Boosters in April
  • Study Finds Sleep Apnea Speeds Aging, CPAP Reverses Effects

 

QuoteCantCallEverythingFakeNewsBecauseInformationDoesntAlignYourViewsDoesntViewDisagreeDoesntMeanInfoFakeFalseChrysalisWrightPhotoMHProNews

MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” © Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use© features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting. 

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If it is true, then it isn’t necessarily bragging. By checking the facts and following the money trail, even on controversial topics, MHProNews has provided reports and analysis that stand the test of time. While others – including various examples from mainstream media – have published reports that later need to be corrected or modified in significant ways, reports on MHProNews in recent years have provided a routinely dependable resource for reliable information, analysis, and evidence-based ‘logical’ commentary. There is simply nothing else like it, which is why we have been and remain the #1, despite coverage that often vexes the powers that be in manufactured housing.

 

Manufactured Housing Industry Investments Connected Equities Closing Tickers

Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.

                            • NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
                            • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
                            • NOTE: 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.

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

Clayton-21st Storm Watch – Sinatra’s Summer Wind Blows Early? – Manufactured Housing Moat Breach – Manufactured Home Values Increasing Faster than Site-Built – Case for Something New in 2022

WhatYourManufacturedHomeIndustryPeersWantToKnow2021ProvedMuchNotAllMainstreamMediaPropagandaCorpGovtInterestsPlusManufacturedHomeProNewsWeeklyHeadlinesReview
https://www.manufacturedhomepronews.com/something-new-for-2022-mobile-home-and-manufactured-housing-research-report-attracts-mainstream-attention-100s-of-news-headlines-point-to-third-party-research-resource-page-on-mhlivingnews/
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NOTE: An update has been linked from this post that includes a reply from Leo Poggione. https://www.manufacturedhomepronews.com/leo-poggione-craftsman-homes-manufactured-housing-institute-chairman-back-story-on-cavco-industries-consumer-affairs-for-a-house-customers-better-business-bureau-claim/
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Sample Kudos over the years…

It is now 12+ years and counting

Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.

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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, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken. 

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition 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. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

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