MHProNews has learned from athensreview the Athens (Texas) City Council voted to amend an ordinance that alters the age of manufactured homes (MH) that are allowed to be sited in the city. The ordinance originally allowed MH from 1990 to be moved in, according to Athens Director of Planning and …
Texas City Allows only Newer Manufactured Homes to be Sited Read More
Sherkston Shores manufactured home community (MHC) in Ontario, Canada is a 560-acre resort south of Niagara Falls owned by Carefree Communities, with 1,700 manufactured homes that owners occupy from May to October on the shores of Lake Erie. There are also 80 rental cottages and 40 rustic cabins as well …
Canadian Land Lease Community Offers Lake Erie Vacationing Read More
According to themortgagereports, the National Association of Realtors (NAR) says rising rents, a favorable lending environment and low mortgage rates are driving the market for homes nationwide. In January, the median time for homes to be on the market was 69 days—half the homes sold in less than 69 days, …
What’s New in public focused Manufactured HomeLivingNews.com Stan Dye talks Manufactured Home Lending and MH Site Preparation Do-It-Yourself Heat Tape Video! Prevent Winter Freeze Ups for Manufactured Homes and Houses over Crawl Spaces What’s New in Manufactured Housing Industry Professional News PBS Story on MH Finance Due. Sun, UMH, Adding …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 16-Aug. 23, 2015 Read More
The owners of the Hillcrest Estates manufactured home community in Portsmouth, NH received unanimous approval from the Portsmouth Planning Board for conditional use permits to upgrade the community, much to the delight of some 50 residents who stood and applauded the vote, reports seacoastonline. First developed in the 1960s, attorney …
New Owners of Land Lease Community Bring Applause from Residents Read More
The City Council of Sanger, California is holding a public hearing to consider amending the municipal code to allow manufactured homes on property zoned for conventional single-family residences. The change would bring the code up to date with state law, according to thesangerherald. In a related public hearing, city council …
CA City to Allow Manufactured Homes Among Conventional Housing Read More
Writing in rollcall, Manufactured Housing Institute’s (MHI) Senior Vice President for Government Affairs Dr. Lesli Gooch says while different Congressional committees are evaluating the five-year-old Dodd-Frank Act, people in many rural communities are being harmed rather than protected. She writes, “The Dodd-Frank Act is preventing everyday Americans from accessing the …
Dr. Gooch of Manufactured Housing Institute calls for Dodd-Frank Adjustment Read More
MHProNews has learned from insidertradingreport Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (NYSE:UMH) purchased 5,479 shares of company stock on Aug. 17. 2015, according to a filing with the Securities and Exchange Commission. The shares were acquired at $9.12 each for a net value of $50,000. …
Datacomp, a provider of manufactured home (MH) appraisals and MH industry market data since 1987, has informed MHProNews of its new manufactured home valuation service that enables compliance with the rules for Higher-Priced Mortgage Loans (HPML) that now cover most financed manufactured home transactions. Datacomp MSRV (Market-Suggested Retail Value) can …
Datacomp Announces new Valuation Tool to Comply with Higher-Priced Mortgage Loans Read More
While manufactured home community (MHC) owners in Langley Township, British Columbia, Canada cannot be compelled to pay relocation costs to displaced residents when redeveloping their communities, municipalities can negotiate relocation costs with the owner when application is made for rezoning, according to langleytimes. The Seniors Advisory Committee had asked the …
Council Strengthens Language Regarding Relocating Residents Read More
MHProNews has learned from sboanj that Eugene Landy and his wife will serve as Grand Marshals for the Fourth Annual Open Space Pace on Saturday, September 19, 2015, an event of the Standardbred Breeders & Owners Association of New Jersey (sboanj). Festivities begin with a parade of horses from Freehold …
Manufactured Home Community Founder Supports Non-profit in New Jersey Read More
Updating a story MHProNews last posted April 26, 2013 regarding Florida’s state-run insurer of manufactured homes, Citizens Property Insurance Co., and its reduction of coverage on MH, orlandosentinel reports seven private insurers have been approved to pick up half of Citizens’ remaining policies, amounting to 280,857 policies, according to the …
Citizens Paring Down Policies of Manufactured Home Owners Read More
Fleetwood Corporation Ltd. (ASX:FWD) of Australia produces manufactured and modular homes and buildings for residential, educational and commercial applications, and has a recreational vehicle division as well, according to dailyreckoning.au. Although the report at the end of 2014 showed revenue had fallen 18 percent due to a weakness in the …
Fleetwood Poised to take Advantage of Opportunities Down Under Read More
Elkhart, Indiana-based Drew Industries, Inc. (NYSE:DW) reports its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) has acquired Roehm Marine, LLC, aka Signature Seating for $16 million. Headquartered in Fort Wayne, Indiana, Signature manufactures furniture for use in fresh water boats, specifically pontoon boats, as prnewswire informs MHProNews. Drew’s President Scott Mereness …
Drew goes Fishing, Finds Furniture for Fresh Water Float Read More
Norman Schweiss, 87, founder of Norm’s Mobile Home Sales, passed away in Eau Claire, Wisconsin. In 1953, at 25 years of age, Norm started his business, which eventually grew into seven locations throughout Wisconsin and Illinois, and in the 1970s, he expanded into developing and managing land lease communities, according …
What’s New in public focused Manufactured HomeLivingNews.com Paul Simon, Singing Homeward Bound, Doing Good Work and MH The Hybrid Core – A Different Style Factory Home-Building Process What’s New in Manufactured Housing Industry Professional News HUD Code Production Continues Rising. RV/MH Hall of Fame Inducts Class of 2015. Positive End …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 2-Aug. 9, 2015 Read More
A $660,800 grant from the New York State Division of Homes & Community Renewal (NYSHCR) will be used to replace dilapidated owner-occupied pre-HUD Code homes with energy-efficient manufactured homes in Otsego County, as reports thedailystar. Karen Sullivan, Otsego County Planning & Solid Waste Director, says over the next two years …
Program in Second Year to Replace and/or Repair Manufactured Homes Read More
William Matchneer, who once served as head of the Manufactured Housing Program at the Department of Housing and Urban Development (HUD), and from 2011 to 2014 with the Consumer Financial Protection Bureau (CFPB), recounts how implementation of the Dodd-Frank Act directives for High-Cost Mortgages under the Home Ownership and Equity …
Former Head of Manufactured Housing at HUD Urges Passage of S. 682 Read More
A proposed zoning change by the North Myrtle Beach Planning Commission to a .61 acre parcel of land in South Carolina to correct an original error in a zoning map has raised concerns by neighbors that a manufactured home may be sited on part of it. Part of the parcel …
Zoning Change Could Usher in Possible Manufactured Homes Read More
In its report of first quarter 2016 financial results, Cavco Industries, Inc. (NASDAQ:CVCO) says net income per share, based on basic and diluted weighted average shares outstanding, was $0.61 and $0.60 respectively, as compared to $0.65 and $0.64 for the same quarter 2014. According to cnnmoney, net revenue for Q1 …
Cavco Industries Reports Financials for First Fiscal Quarter of 2016 Read More
