According to what thehill tells MHProNews, recreational vehicles (RV) are currently exempt from the Department of Housing and Urban Development (HUD)’s rules for manufactured homes (MH). New proposed rules say those RVs that are used as a “primary residence or permanent dwelling” should not be exempt. HUD wants to redefine […]
HUD Closes Loophole on RV Exemption Read More
As MHProNews reported Dec. 21, 2015, professional services firm Dewberry assisted with the siting of manufactured homes for the Oglala Sioux tribe on the Pine Ridge Indian Reservation in South Dakota, marking the first presidential disaster declaration made directly to an Indian tribe. From directionsmag, MHProNews has learned Dewberry has
Dewberry Still Assisting Sioux with Manufactured Homes Read More
As part of the Seattle Times‘ ongoing year-long rant on Warren Buffett’s/Berkshire Hathaway-owned Clayton Homes and their affiliated lenders, Mike Baker and Daniel Wagner have succeeded in drawing Washington Governor Jay Inslee’s attention and his state’s Department of Commerce. This is resulting in a bill to investigate the sales, financing
The Community Action Partnership of North Alabama (CAPNA) announced local residents who have not been able to fully recover from the devastating April 27, 2011 tornadoes that wreaked havoc across a broad swath of the state may be eligible for new federal funding through the Community Development Block Grant (CDBG)
Second Round of Assistance Available for Ongoing 2011 Tornado Damages Read More
According to statistics from the U. S. Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews HUD Code manufacturers produced 5,657 homes in December 2015, a 20.1 percent increase over the 4,707 homes produced in the same month in 2014. HUD Code
HUD Code Production for Year Ends on a Strong Note Read More
Writing for nationalmortgagenews, the Manufactured Housing Institute’s (MHI) senior vice president for government affairs, Lesli M. Gooch, noting the average price of a new manufactured home is $64,000 as compared to a new site-built home price of $374,100, states manufactured housing presents the single most affordable option for lower income
MHI’s Lesli Gooch Underscores the Need for GSE’s Purchase of Chattel Loans Read More
MHProNews has learned from thenewsstar, the Hope for the Warriors organization, a national non-profit that provides support for members of the military and their families, including families of the fallen and military caregivers, received a check for $33,600 from Clayton Homes President Keith Holdbrooks and CEO Kevin Clayton at the
Clayton Homes Donates to Military Support Group Read More
MHProNews has learned from analystratingreport that Cavco Industries, Inc., reported $0.89 earnings per share (EPS) for its third quarter fiscal year 2016, beating the analyst consensus by $0.09 EPS. The company’s revenue of $181.40 million for the quarter also beat analysts estimates of $174.10 million. Compared to the same quarter
Cavco Bests Analysts by $0.09 EPS Read More
Moses Lake, in east central Washington state, is in the process of complying with a 2004 state law that requires cities allow manufactured homes (MH) in the same neighborhoods as stick-built homes, according to what ifiberone tells MHProNews. While the city had prevented MH from being sited in single-family residential
Manufactured Homes can be Sited in any Single-family Residential Area Read More
Residents of the Mallard Lake manufactured home community at Pontoon Beach, Illinois, near Alton, were forced from their homes by a flood. Upon their return, up to a week or more later, some were surprised to find eviction notices taped to their door for late payment, as advantagenews informs MHProNews.
No Damage from Flood in IL Manufactured Home Community Read More
An ordinance mandating brick foundations under manufactured homes that was passed in 2001 in Caswell County, South Carolina is being reexamined by the Caswell County Board of Commissioners who are considering adding other options to keep costs down for MH residents. Opponents to the change like the aesthetic uniformity of
Commissioners Suggest optional Underpinnings for Manufactured Homes Read More
In an attempt to maintain affordable housing for seniors, the Santa Clarita (Calif.) City Council voted to prevent senior-only manufactured home communities (MHCs) from converting to all-age communities. Council members unanimously approved an “urgency ordinance” that establishes a 45-day moratorium on such conversions, according to signalscv, while city officials continue
City Prevents Senior MHCs from Converting to All Age Communities Read More
Cavco Industries, Inc. (NASDAQ:CVCO) is set to announce its earnings results for the most recent quarter on Wed., Jan. 27, 2016, with analysts expecting the company to announce $0.80 earnings per share (EPS), according to emqtv. The company last released its quarterly financials on Thurs., Oct. 29, 2015 reporting EPS
Cavco to Release Quarterly Financials Jan. 27 Read More
MHProNews has been informed by redrocknews that the city of Sedona, Arizona, will receive $309,000 in federal Community Development Block Grant (CDBG) funds for a citywide housing rehabilitation program. The funds are aimed at helping moderate-to-low-income homeowners make needed health and safety upgrades to their homes. Manufactured homes are included
Block Grant Funds available for Manufactured Home Repair Read More
What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing.
Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More
While terms of the acquisition were not disclosed, Zeman Homes, Inc. has informed MHProNews it has acquired four manufactured home communities (MHC) in the greater Detroit metropolitan area. All age communities Wagon Wheel, Wagon Wheel South, Carleton and Oak Haven have added 749 home sites to Zeman’s portfolio of MHCs,
Zeman adds four Manufactured Home Communities to Portfolio Read More
Retail sales on the year fell to their lowest pace since 2009, climbing only 2.1 percent for the year, the smallest gain since the Great Recession ended, raising concerns about consumer spending going into 2016. As bloomberg informs MHProNews the 0.1 percent drop in Dec., 2015 followed a gain of
What does collapsing Walmart, other retail sales mean for Manufactured Housing? Read More
The agenda for the Buncombe County Board of Commissioner’s (North Carolina) retreat scheduled for Tue., Jan 19 includes planning this year’s goals and reviewing progress made on goals from last year reports mountainx. Held in the county building in Asheville, increasing affordable housing was on the agenda last year and
Allowing Manufactured Homes in all parts of County being Considered Read More
Following a story MHProNews posted Sat., Jan 16 regarding the investment in the manufactured home community (MHC) Pacific Skies Estates in Pacifica, Calif., by the Carlyle Group and subsequent upgrading, smdailyjournal reports the owners and the California Coastal Commission are at odds over whether the work requires a Coastal Development
Coastal Commission, City of Pacifica Disagree about Permit Read More
What’s New in public focused Manufactured HomeLivingNews.com Bad and Good – Two Sides – Manufactured Home Living and News Reporting What’s New in Manufactured Housing Industry Professional News Ishbel Dickens refuses debate with Carla Burr over PBS NewsHour report. Part of MHC to close. Jurisdiction ready to impose master meter
Sunday Morning Recap-Manufactured Housing Industry News Jan. 10 -Jan. 17, 2016 Read More
