Referring back to a post MHProNews.com published March 26, 2014, regarding the introduction by the Senate Banking Committee of the housing finance reform bill, the Manufactured Housing Institute (MHI) reports the committee will mark up its bipartisan bill April 29. As proposed, the new measure would replace Fannie Mae and […]
Senate Set to Mark Up Housing Finance Reform Measure Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that official statistics compiled by the Department of Housing and Urban Development (HUD) reveal production of HUD Code homes in February grew five percent over February, 2013, 4,361 homes over 4,151. Cumulative totals for 2014 hit 8,766 homes versus 8,393
Manufactured Housing Production Continued Growing in February Read More
State representative Marty Moylan of Illinois, after hearing residents of manufactured housing communities (MHC) in his Illinois district complain of water rates and leases that prevent them from suing community owners over disputes, introduced HB4123, which he calls a “bill of rights” for MHC residents. The measure would require residents
“Bill of Rights” for Manufactured Home Community Residents Read More
Updating a story MHProNews.com posted Nov. 18, 2013, regarding property specialist Ingenia Communities’ acquiring more manufactured housing communities (MHCs) in Australia, theage.com.au reports the company has doubled investors’ money. Ingenia’s head, Simon Owen, says, “We are targeting the lower to middle market, which is people reliant on the pension to
Aussie Firm sees Big Returns from Manufactured Homes Read More
In a move designed to save the state and the citizens money, and streamline the purchasing process, the Alabama Manufactured Housing Commission (AMHC) is now offering online application for licensing manufactured and modular home installers. MHProNews.com has learned the installers log in with their certification, order the number of decals,
Alabama Upgrades to On-line Installer Application Read More
Updating a story MHProNews.com last posted Feb. 12, 2014 regarding recovery and rebuilding efforts from the disastrous flooding in Colorado in September, 2013, the Federal Emergency Management Agency (FEMA) tab has risen from $267 million to $304 million, according to kwgn2.com. These funds have included FEMA disaster grants, flood insurance
Flood Survivors Still Live in Manufactured Homes Read More
Capitola, California city officials propose to apply for $500,000 in community block grant funds from the state for first-time homebuyer assistance and housing rehabilitation, enough for three years of loans, staff time and the cost of administering the program by the Housing Authority of Santa Cruz County. As santacruzsentinel.com reports,
Manufactured Home Buyers could Receive Assistance Read More
According to tickerreport.com, Sun Communities, Inc. (NYSE:SUI) announced a dividend of $0.65 per share for investors on record as of March 31, 2014 to be paid April 17, with an ex-dividend date of March 27. Analysts at Wells Fargo & Co. upgraded their rating of Sun’s shares from a “market
Sun Communities Announces Dividend Read More
Efforts continue to assist New Jersey residents who are still without adequate housing following Hurricane Sandy nearly 18 months ago, according to app.com. A Superstorm Sandy Housing Expo is being held in Long Branch, New Jersey, sponsored by the state Department of Community Affairs (DCA) with representatives from several housing
Fair Market Rent Due for Sandy Survivors in Manufactured Homes Read More
The original geodesic Dome Home of architect Buckminster Fuller in Carbondale, Illinois, listed in 2006 on the National Register of Historic Places, will be restored and preserved beginning with a ground-breaking ceremony April 19 to initiate the project. Made of 60 wood triangle panels by the Pease Manufacturing Company of
Buckminster Fuller’s Original Modular Home being Restored Read More
Although the town of Loyall, Kentucky in the southeastern part of the state has 20 manufactured homes (MH), no more can be added until the state legislature passes a law requiring counties to hire building inspectors, from what harlandaily.com reports. That position has not been filled locally in 13 years.
No Siting Manufactured Homes until State Acts Read More
For the first quarter ending Feb. 1, 2014, Nobility Homes, Inc. (NOBH) reports sales increased 23 percent to $4,191,429 over the $3,401,667 for the comparable period in 2013. Net income based on those sales after taxes increased to $103,402, well above the $4,845 for the same period of 2013. Working
Nobility Homes Improves in 2014 Q1 Read More
MHProNews.com has learned residents at Hickory Hill manufactured housing community (MHC) in Klecknersville, Pennsylvania, just north of Allentown, are forming a homeowners association and considering taking the owner to court for allegedly overcharging them on their utilities. They also claim the owner, Albert Jinks, requires them to buy upgrades—decks, garages
Manufactured Home Residents Forming Association Read More
Maryville, Tennessee-based Clayton Homes announces it is partnering with the Si Robertson clan in the Duck Commander 500 NASCAR® Sprint Cup Series race at Texas Motor Speedway April 6. Noting family Robertson has endorsed Clayton Homes as a “Good Call” for American homebuyers, Si and his wife, Christine, live in
Clayton, Robertson Clan Partner on Duck Commander Stock Car Race Read More
Unlike days gone by when factory-built homes were more prone to wind damage and not well sealed from the elements, the manufactured homes of 2014 are energy efficient and can have many of the same amenities as site-built homes: Whirlpool baths, ENERGY STAR appliances, solar panels for heat and hot
Manufactured Homes—Not Like they Used to be Read More
MHProNews.com has been informed by mortgagenewsdaily.com that M&T Bank has updated its United States Department of Agriculture (USDA) guidelines and is removing its combined loan to value (CLTV) limit where the second lien is an affordable housing grant. In addition, it is no longer permitting manufactured homes on its SONYMA
M&T Bank Dropping Certain Manufactured Home Loans Read More
The Village Board in Poplar Grove, Illinois just north of Rockford denied a request to develop 72 acres into two manufactured home communities (MHCs), as a packed boardroom meeting erupted into applause. Flora Meadows applied for two permits for Hawthorn Meadows South and Hawthorn Meadows North, but Board Chairman John
Proposal for Manufactured Home Community Denied Read More
MHProNews.com has learned from northjersey.com 25 families living in Federal Emergency Management Agency (FEMA) manufactured homes as the result of Hurricane Sandy are facing an April 30 move-out date, although some have been told they must leave by April 1. That is when FEMA’s temporary assistance program will expire for
Time Running Out on FEMA’s Manufactured Home Assistance Read More
The owners of Hendrickson Estates and Hendrickson Heritage Park manufactured home communities in Sequim, Washington, just northwest of Seattle, say city fees for installing new homes have risen, adding insult to injury in the face of a housing industry battered by the recession. Jeanne Murray and Mel Hendrickson, co-owners of
Assorted Fees a Deterrent to Siting Manufactured Homes Read More
Technology-based marketing services company SearchCore, Inc., which connects consumers with brands, products and services through comprehensive websites, announces additions to their ManufacturedHomes.com site including the most extensive list of producers of manufactured homes (MH), retail centers and floor plans available in the entire industry. The company’s next step will be
ManufacturedHomes Adds Library of MH Producers Read More
