Funds advised by private investment firm Centerbridge Partners, L.P. will acquire Southwest Stage Funding, LLC, dba Cascade Financial Services, a lender to buyers of manufactured homes, according to what prnewswire tells MHProNews. Following the closing of the transaction, which is scheduled to be finalized in the third quarter of 2016, […]
MH Lender Cascade Financial Services Acquired by Centerbridge Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) reveal production of HUD Code manufactured homes (MH) increased 26.9 percent in March 2016 over March 2015, 7,110 homes in 2016 over 5,602 homes last year.
Manufactured Housing Production Spikes 26.9% in March Read More
The Manufactured Housing Institute (MHI) tells MHPronews a three year project undertaken by the Department of Energy (DOE) compared the energy-saving attributes of three lab houses of varying designs tested side-by-side under controlled conditions in Russellville, Ala. The homes were built by Southern Energy Homes, part of the Clayton Homes
Results of Comparable Energy Efficiency in Manufactured Homes Revealed Read More
On April 26, 2016 the Federal Housing Finance Agency (FHFA) held a roundtable discussion with manufactured housing industry leaders, inviting those who commented on the proposal, to get their input on the FHFA’s proposed “Duty to Serve” rule, according to the Manufactured Housing Institute‘s (MHI) Housing Alert to MHProNews. Lesli
MHARR, MHI Spar over FHFA & Duty To Serve Manufactured Housing via GSE Chattel Lending Read More
Writing in barrons, Teresa Rivas says shares of manufactured and modular home builder Skyline Corp. have risen because of a case of mistaken identity: Sky TV is billionaire publisher Rupert Murdoch’s entertainment company, which announced in early March it was launching a new TV channel in the British Isles. Skyline
Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry Read More
MHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200 million, led by JPMorgan and Wells Fargo. The company had nothing outstanding against the $100 million at the close of
Drew Drawing a Bead on Overseas Markets? Read More
Following a story MHProNews posted July 24, 2015 regarding the need for workforce housing in southwest Louisiana where up to 54,000 workers will build an ethane cracker and gas-to-liquid facility, americanpress reports Calcasieu Parish officials are dealing with multiple requests to accommodate recreational vehicles (RV) and manufactured homes (MH). At
Rezoning Requests Approved for MH and RV sites Read More
Shady Acres manufactured home community (MHC) in Kittitas County, Washington will be closing after the county agreed to buy the property for $1.45 million to expand recreational vehicle (RV) parking at the Kittitas Valley Event Center, according to information supplied MHProNews by dailyrecordnews. Once the sale is finalized the residents
Manufactured Home Community Closing, Relocation Resources Available Read More
The Long County Board of Commissioners in Hinesville, GA are grappling with an application for a rural subdivision that Mike Allen wants to build, but it is unclear whether the new homes will be manufactured homes or modular homes, according to coastalcourier. Similarly, the board has little information about water
Board Needs More info about Proposed MH/Modular Community Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews a letter from the U. S. Department of Housing and Urban Development (HUD) to David A. Tompos, president of NTA in Nappanee, IN indicates HUD has hired SEBA Professional Services, LLC to review installation manuals for manufactured homes (MH). The
MHARR Criticizes Danner, HUD for Violating the MH Improvement Act of 2000 Read More
While the emphasis is clearly on recreational vehicles at the 42nd annual Puyallup (Wash.) RV Show, April 28 thru May 1 at the Washington State Fair Event Center, several manufactured homes will also be on display, as pressreleaserocket informs MHProNews. A product of the MHRV Show Association, opening day will
Puyallup RV Show will Include several Manufactured Homes Read More
Following a story MHProNews last posted July 22, 2015 regarding the Huntsville (TX) City Council attempt to prohibit manufactured homes (MH) inside the city, the council will consider two ordinances relating to manufactured homes at their meeting Tue., April 19, 2016, according to itemonline. Previously, when the city council was
Texas City would Restrict Manufactured Housing to under 20 Years Read More
What’s New in public focused Manufactured HomeLivingNews.com Quality Control Manager report-Highland Mobile Home Park, St Petersburg FL What’s New in Manufactured Housing Industry Professional News Montana town to proposed MHCs: one yes, one no. Building material made from hemp. Manufactured homes do not qualify as affordable homes—yet. Modular homes for
Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016 Read More
While the Laurel City-County Planning Board in Montana turned down three requests for a variance for Regal Community Park, a proposed manufactured home community, after neighbors expressed concerns over falling property values, the board did vote 3-1 (with one abstention) for a zone change to allow for a manufactured home
Montana Town Planning Commission Approves one MHC, Denies another Read More
MHProNews has been informed by usatoday/Associated Press that an enormous hole suddenly opened adjacent to a manufactured home community in Tarpon Spring, Florida. Measuring 35 feet deep by 60 feet wide, authorities were trying to determine if it was a natural sinkhole or a break in a water line. Residents
Massive Hole Endangers Residents of Fla. Manufactured Home Community Read More
The U. S. Department of Housing and Urban Development (HUD) has announced updates to its dispute resolution program involving the purchase and installation of manufactured homes for the 23 states that do not already have a HUD-approved resolution process. A new Office of Manufactured Housing Programs (OMHP) website is designed
Office of Manufactured Housing Programs issues New Dispute Resolution Program Read More
The Yellowstone County Zoning Commission unanimously turned down a zone change application that would have allowed Cherry Creek Estates manufactured home community (MHC) to expand by adding as many as 80 manufactured homes, reports billingsgazette. While the Yellowstone County Board of Commissioners will have the final say when it meets
Zoning Commission Recommends against Expansion of Manufactured Home Community Read More
What’s New in public focused Manufactured HomeLivingNews.com State Inspector Becki Jackson – Safety & Quality of Manufactured Homes What’s New in Manufactured Housing Industry Professional News Feb. HUD Code manufactured home production rises 27.6%. Notable deaths in the manufactured home community. Rent control inhibits new MHC development. Resident-owned community grateful
Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016 Read More
A proposed federal regulatory change could conceivably prevent tiny-home dwellers from living in their homes, which they say is an example of the government telling them how they can live, reports cleveland to MHProNews. As of last week, HUD had received 4,000 letters from angry supporters of the homes, which
Local and State Regulations cover Tiny Homes, not HUD Read More
A proposal to allow 20 manufactured homes (MH) on an already serviced property that has two MH did not trigger any opposition at a public hearing held at the Bradley Center in Parksville, British Columbia, Canada. According to pqbnews, Area F Director Julian Fell said the neighborhood is a natural
Proposal to Enlarge Canadian Manufactured Home Community Likely to Pass Read More
