manufactured homes

Appropriations Bill Amendment will Provide Access to MH Financing

By / June 21, 2016 / Advocacy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

An amendment sponsored by Rep. Chuck Fleischmann (R-Tenn) and passed by the House Appropriations Committee is designed to strengthen access to safe, affordable and available financing for manufactured homes while preserving important consumer protections, according to what the Manufactured Housing Institute (MHI) tells MHProNews. Passed by a bipartisan vote of …

Appropriations Bill Amendment will Provide Access to MH Financing Read More

MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards

By / June 23, 2016 / Announcements, Business, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

In response to the Department of Energy’s proposed rules on energy standards for manufactured housing in the Federal Register, the Manufactured Housing Institute (MHI) says it worked closely with the DOE to try and avoid excessive costs to consumers that will outweigh benefits. The DOE based their recommendations on the …

MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards Read More

Manufactured Home Rentals in Arizona could be Troubling

By / June 19, 2016 / Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

While the Arizona Office of Manufactured Housing (MH) enforces the state’s manufactured home landlord-tenant act, it does not apply to rental homes. The city of Tucson does take care of MH rentals, having responded to about 20 calls this year regarding insufficient cooling, requiring owners to fix the problems, according …

Manufactured Home Rentals in Arizona could be Troubling Read More

Manufactured Home Taxes due Aug. 1

By / June 18, 2016 / Announcements, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from logandaily that the Hocking County, Ohio second half 2015 real estate tax and 2016 manufactured home tax statements have been mailed. Hocking County Treasurer Diane Sargent says her office will continue to accept applications for the treasurer’s pre-payment escrow plan until June 30 for real estate …

Manufactured Home Taxes due Aug. 1 Read More

Measure would Replace Dilapidated Manufactured Homes in NY

By / June 17, 2016 / Advocacy, Business, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

A bill that passed in the New York State Senate, sponsored by Sen. Betty Little (R-Queensberry), would fund a home replacement program for qualifying state residents who have older, dilapidated mobile and manufactured homes, and own the property. The replacement units would be new, affordable energy-efficient units, according to adirondackdailyenterprise, …

Measure would Replace Dilapidated Manufactured Homes in NY Read More

MH Community Residents Going to Court to Resist Relocation

By / June 26, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Updating a story MHProNews last posted May 4, 2016 regarding the repurposing of Lowry Grove manufactured home community (MHC) by a new owner in St. Anthony, Minn., the mostly Hispanic residents, since learning in April the MHC was being sold for $6 million, vowed to block the sale, which would …

MH Community Residents Going to Court to Resist Relocation Read More

Manufactured Homes Damaged During Move to New MH Community

By / June 16, 2016 / Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

As follow-up to a story MHProNews last posted June 3, 2016 regarding the possible misuse of funds by the city of Minot, North Dakota when it moved over 30 homes out of Odds Mobile Home Park to make way for a flood protection project. The homes were placed on blocks …

Manufactured Homes Damaged During Move to New MH Community Read More

Modular Builder M Space Files Bankruptcy

By / June 15, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, Modular

Following the bankruptcy of modular builder M Space in late May, Gordon Brothers Group will begin the immediate disposition of assets of the company, including 2,400 floors of custom built modular buildings and complexes, as prnewswire informs MHProNews.. Headquartered in Park City, Utah, M Space provided modular buildings for education, …

Modular Builder M Space Files Bankruptcy Read More

HUD Code Floors Shipped Rises, while SAAR Falls in April over March

By / June 15, 2016 / Announcements, Business, Manufactured and Modular Housing News, Manufactured Homes, Trends

Following a story MHProNews posted June 6, 2016 regarding the increasing production of HUD Code homes in April, 2016, over the previous April, the Manufactured Housing Institute adds the figures include an increase of 12.7 percent for single-section homes and 7.7 percent increase of multi-section homes. The MHI says there …

HUD Code Floors Shipped Rises, while SAAR Falls in April over March Read More

Habitat Canada and Green Terra ask Homebuyers to Donate 1%

By / June 15, 2016 / Business, Canada, Company News, Factory-Built Homes, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

Founded n 1985, Habitat for Humanity Canada has forged a partnership with Green Terra Homes that will give home buyers the option to donate one percent of their purchase to Habitat, thereby promoting sustainable building. Prefab homes and manufactured homes are constructed using steel from an average of six recycled …

Habitat Canada and Green Terra ask Homebuyers to Donate 1% Read More

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40th Anniversary of HUD Code Manufactured Housing

By / June 15, 2016 / Announcements, Events, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home, regulation

June 15, 1976 marks the formal start for the first manufactured homes built to the Federal Manufactured Home Construction and Safety Standards passed in 1974. Administered by the U.S. Department of Housing and Urban Development, the manufactured home standards are thus commonly called the HUD Code. Here on MHProNews and …

40th Anniversary of HUD Code Manufactured Housing Read More

Insider Trading at Patrick, Equity LifeStyle

By / June 15, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

Patrick Industries, Inc. (NASDAQ:PATK) Director Jeffrey L. Et Al Gendell sold 14,498 shares of the firm’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $53.36, for a total value of $773,613.28. The sale was disclosed in a legal filing with the …

Insider Trading at Patrick, Equity LifeStyle Read More

MH Community Owner Seeks $211 Month Increase per Site

By / June 14, 2016 / Business, Communities, Company News, home buyers, Legal, Manufactured and Modular Housing News

Waterhouse Management Corp. of Roseville, California, which runs the Pinto Lake Mobile Estates in Watsonville, CA, has asked for a $211 a month across the board increase for all the homeowners at the 177 site manufactured home community (MHC). Waterhouse contends the county’s formula for determining annual rent increases does …

MH Community Owner Seeks $211 Month Increase per Site Read More

Frank Rolfe, Bob Crawford Video Comments on Current and New MH Association

By / June 13, 2016 / Advocacy, Business, Communities, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

In a video presentation, Frank Rolfe, a partner with Dave Reynolds in Mobile Home University, RV Horizons and MHP Funds, says he can call his congressional representative in Missouri and find out the chances of legislation passing that could positively affect the manufactured home industry, like altering Dodd-Frank. Since it …

Frank Rolfe, Bob Crawford Video Comments on Current and New MH Association Read More

Net Income Rose over Five Fold for Nobility Homes

By / June 13, 2016 / Business, Company News, Manufactured and Modular Housing News, Manufactured Homes

In reporting the financials for Nobility Homes, Inc. (OTC:NOBH) for the second quarter ending April 30, 2016, marketwired informs MHProNews sales for Q1 2016 rose 21 percent to $8,115,840 compared to $6,706,118 recorded in second quarter 2015. Income from operations rose 44 percent to $953,896 from $660,719. After taxes, net …

Net Income Rose over Five Fold for Nobility Homes Read More

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Congressional Testimony Negates Sensationalized Charges of Predatory Lending

By / June 11, 2016 / Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People

With all the negative publicity swirling around alleged predatory lending for purchasers of manufactured homes by the Seattle Times, National Public Radio and BuzzFeed within the last year, it’s time the media paid attention to congressional testimony that refutes these notions, according to L. A. “Tony” Kovach, publisher of MHLivingNews …

Congressional Testimony Negates Sensationalized Charges of Predatory Lending Read More

Sun Communities Closes on Acquisition of Centerbridge’s Carefree Communities

By / June 10, 2016 / Announcements, Business, Canada, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

Updating a story MHProNews last posted March 22, 2016 regarding the acquisition of Carefree Communities, Inc. from Centerbridge Capital Partners II, LP for $1.68 billion, Sun Communities, Inc. (NYSE:SUI) announces it has closed on the transaction. Sun issued Centerbridge $225 million in shares of common stock priced at $67.57 per …

Sun Communities Closes on Acquisition of Centerbridge’s Carefree Communities Read More

Ala. City Ordinance Limits Siting of Manufactured Homes

By / June 10, 2016 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

The Courtland (Alabama) City Council’s proposed zoning ordinance limits the siting of manufactured homes (MH) to the R-1 district, and prohibits manufactured home communities from siting within the city limits, as moultonadvertiser informs MHProNews. MH are also prohibited from being sited in the Historic District. Pre-existing MH within the city …

Ala. City Ordinance Limits Siting of Manufactured Homes Read More

Plans Move Forward on New Canadian MH Community

By / June 10, 2016 / Business, Canada, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, Zoning

From eaglevalleynews in southeast British Columbia, Canada MHProNews has learned Sicamous, BC developer Darrel Trouton is seeking municipal approval to site manufactured homes in an area targeted to affordable housing, but requiring rezoning from R1A, urban single-family home to include CSA-approved Z240, which is for manufactured homes (MH), but would …

Plans Move Forward on New Canadian MH Community Read More

Lake Villa Estates Sells for $11.5 Million

By / June 7, 2016 / Announcements, Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Arthur Tuverson, Managing Director of Pillar’s Manufactured Housing Community/RV Resort Group, has originated an $11.5 million Freddie Mac acquisition loan for Lake Villa Estates manufactured home community (MHC) in Oxford, Michigan, 45 miles north of Detroit, according to rebusinessonline. Featuring 852 homesites on 174 acres, the MHC was built in …

Lake Villa Estates Sells for $11.5 Million Read More

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