Chief Financial Officer (CFO) Jeff Kaminski of KB Homes, the eighth largest homebuilder in the U. S. says the new housing crisis is being caused by the lack of homes, which in turn raises prices of existing homes, pricing many people out of the market. First-time KB home buyers in […]
Manufactured Home Opportunities may Derive from Tight Housing Market Read More
The Tennessee State Fire Marshal’s Office (SFMO), as part of the ‘Get Alarmed, Tennessee’ program, is partnering with the Tennessee Manufactured Housing Association (TMHA) to conduct a smoke alarm canvass, providing smoke alarms to groups and organizations that are willing to install them for people in need. According to what
Volunteers Install Smoke Alarms in Manufactured Homes Read More
MHProNews has learned from euroinvestor that Sun Communities, Inc. (NYSE:SUI) has issued an underwritten public offering of 4,000,000 million shares of its common stock, with a 30-day option for the underwriters to purchase up to 600,000 additional shares. Sun intends to use the funds for its previously announced $1.68 billion
Sun Communities Raising Funds to Pay for Carefree Acquisition Read More
What’s New in public focused Manufactured HomeLivingNews.com Surprising Solution, Roadblocks to U.S. Affordable Housing Crisis What’s New in Manufactured Housing Industry Professional News Manufactured home communities sell in VA, FL and MN. MHI insists GSEs make individual chattel loans. Letter to editor compliments MH. Community fined for violating Fair Housing
Sunday Morning Recap-Manufactured Housing Industry News March 13-March 20, 2016 Read More
In a letter to the Federal Housing Finance Agency (FHFA), the Manufactured Housing Institute (MHI) is pressing the government-sponsored enterprises (GSEs) to back chattel loans, which apply to manufactured homes (MH) not secured by real estate, according to nationalmortgagenews. “Requiring the GSEs to purchase chattel loans as part of their
MHI Raps FHFA’s Duty to Serve Rule for not Aiding Individual Homebuyers Read More
MHProNews has been notified by the Department of Justice the owner/operator of Mere’s Mobile Home and Recreational Vehicle Park in North Fort Myers, Fla. has agreed to pay $40,000 to settle claims he discriminated against African-Americans in violation of the Fair Housing Act. Owner and operator Thomas Mere allegedly told
MHC Owner Fined for Discriminatory Practices at his Community Read More
With over 4,000 homeless people on the streets every night in San Jose, California, and 6,500 homeless in Santa Clara County, city officials plan to install manufactured homes on a plot of city-owned land to house up to 170 people. Purchased with state development funds, each home will have six
Manufactured Homes Chosen to House Homeless Read More
The Caswell County (North Carolina) Commissioners (NC) split evenly on a vote to consider using cement fiberboard as an alternative to brick for skirting on manufactured homes (MH), and asked Building Inspector Ray Pulliam to further investigate if it is suitable, as caswellmessenger informs MHProNews. Several said using brick is
Commissioners Reject Cement Fiberboard for MH Skirting Read More
The non-profit Semcac, a community action agency in southeastern Minnesota, has funding available to loan to eligible residents for rehabilitating their homes, including manufactured homes (MH). The 0 percent interest loans have a 15-year term—ten-year for MH, providing it is in an MHC, as southernminn tells MHProNews, all funded through the
Minnesota Housing Providing Loans to Rehab Manufactured Homes Read More
Habitat for Humanity unveiled a plan for rehabbing and/or replacing factory-built homes in the West Boca Watergate Estates manufactured home community (MHC) in Palm Beach County, Fla. In outlining their presentation to residents to work together, Habitat’s Mike Campbell and Ana Neira said a text change in county regulations now
Habitat Program will Involve Residents in Updating their Manufactured Home Community Read More
MHPronews has learned from marketwired that sales for Nobility Homes, Inc.(OTC:NOBH) rose 32 percent in the first quarter of 2016 ending Jan. 30, 2016, while income from operations (IFO) rose an astounding 130 percent over last Jan. Sales hit $7,374,050 Q1 2016 versus $5,576,800 last year; IFO rose from $424,820
Nobility Homes Reports Substantial Quarterly Increases in Revenue, Income Read More
Legacy Homes has taken over production of manufactured homes (MH) in a facility in Eatonton, Georgia that had been occupied by Horton Homes, according to what wmaztv tells MHProNews. Seventy employees have begun working there, and the CEO says they can handle up to 250 to 300 workers on one side,
Legacy Homes Assumes Production in Facility Abandoned by Horton Homes Read More
Updating a story MHProNews last posted Feb. 11, 2016 regarding an ordinance passed by the planning and zoning commission in Mojave County, Arizona that would allow manufactured homes built after June 15, 1976 to be sited, the Board of Supervisors voted unanimously to approve the ordinance, according to kdminer. Originally,
Supervisors Unanimously Approve Ordinance to Accept HUD Code Homes Read More
According to what chippewa tells MHProNews, Wisconsin State Senator Terry Moulton (Chippewa Falls-R), representing the 23rd District, authored a bill signed by Gov Scott Walker that will ease transport on Wisconsin roads for delivery of manufactured and modular homes. Canada has been an active buyer of U. S. factory-built homes
Bill Eases Transit of Factory-built Homes Read More
What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ Tired of renting? Get the Scoop on Manufactured Homes What’s New in Manufactured Housing Industry Professional News American Dream lives. HUD Code production starts year strong. Patrick, Drew Industries acquire ancillary
Sunday Morning Recap-Manufactured Housing Industry News Feb. 28-March 6, 2016 Read More
This HUD issued document deals with all the aspects the title implies: the monitoring contractor who oversees the PIAs on site work, identification of DAPIAs (Design Approval Primary Inspection Agency), site construction and alternate construction, is there a preferable format for a DAPIA’s approval or rejection, the level of detail
On Site Completion of Construction of Manufactured Homes Frequently asked Questions Read More
The New Durham Estates manufactured home community (MHC) in Westville, Indiana will hold their annual open house and community-wide yard sale on Fri. and Sat., June 3 and June 4, from 9-5 PM, as michigancitylaporte informs MHProNews. Visitors are invited to see the pre-owned and new manufactured homes, tour the
New Durham Estates to Hold Open House Read More
In an attempt to spur redevelopment in downtown Beaufort, South Carolina, the city’s Redevelopment Commission is proposing an arts overlay district where artists may sell their work, and small modular or manufactured homes to be sited on lots of existing homes. Located in the Northwest Quadrant of the historic district,
Off-site Housing Seen as Spur to Redevelopment in South Carolina Read More
Drew Industries, Inc. of Elkhart, Indiana has acquired Flair Interiors, Inc., a manufacturer of recreational vehicle (RV) interiors with operations in Goshen and Fort Wayne, IN, through its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) for $8.1 million, according to streetinsider. Sales of Flair for 2015 wee approximately $25 million. Drew’s
Drew Acquires Manufacturer of RV Interiors Read More
What’s New in public focused Manufactured HomeLivingNews.com Discovering a 9 out of 10 “Mobile Home Park” Lifestyle What’s New in Manufactured Housing Industry Professional News MHC development on Pacific coast may wash out, while Hillcrest MHC in New Hampshire gets nod for expansion. UK modular plant to hire 400-500, modulars
Sunday Morning Recap-Manufactured Housing Industry News Feb. 21-Feb. 28, 2016 Read More
