According to multihousingnews.com, government services enterprise (GSE) Fannie Mae reports in 2013 it provided $28.8 billion in multifamily finance, covering 507,000 multifamily units. Over 85 percent of of the multifamily units financed by Fannie Mae in 2013 were affordable to tenants earning at or below the median income in their …
Fannie Mae Loans for Manufactured Homes Rise in 2013 Read More
The Virginia Manufactured and Modular Housing Association (VAMMHA) informs MHProNews.com that U. S. Congressman Randy Forbes (R-Chesapeake) has signed on as co-sponsor of the Preserving Access to Manufactured Housing Act (HR 1779). He joins fellow Virginians Rep. Bob Goodlatte (R-Roanoke) and Rep. Robert Hurt (R-Chatham) as supporters of the legislation. …
Preserving Access to Manufactured Housing Act Garners Support from Rep. Forbes Read More
The Madison County Board in Illinois has altered an ordinance that will reduce the amount manufactured home owners have to pay on their own land. Previously they had to pay $300 for a special use permit, which paid for Madison County Board representatives to inspect each home every five years …
MHProNews.com has learned from marketwatch.com Universal Forest Products, Inc. (UFPI) has announced that Mary Tuuk, executive vice president of corporate services and secretary of the board of directors of Firth Third Bancorp, has been elected to UFPI’s board of directors. In her role at Fifth Third she is responsible for …
The Manufactured Housing Association for Regulatory Reform (MHARR) reports the statistics from the U. S. Department of Housing and Urban Affairs (HUD) indicate HUD Code manufactured home production in Dec. 2013 rose 14.3 percent over Dec. 2012 to 3,985 homes, yielding 60,228 homes for 2013. This marks an increase of …
Following a story MHProNews.com first posted Jan 31, 2014 regarding Search Core, Inc.’s launching of manufactured home retail centers named Wisdom Homes of America, Inc., marketwatch.com reports the first full service center will open in Rhome, Texas Feb. 15. The lease includes 2,000 square feet of office and light warehouse …
Wisdom Homes Opening First Manufactured Home Retail Center Read More
The omnibus spending bill that Congress passed and the president signed to keep the federal government operating through 2014 includes provisions relating to manufactured housing. One in particular specifically requires the secretary of Housing and Urban Development (HUD) select an administrator of the Office of Manufactured Housing within 120 days …
Government Budget Includes Manufactured Housing Provisions Read More
SearchCore, Inc., a technology-based internet marketing services company in Lake Forest, California is expanding into the manufactured housing (MH) industry by opening MH retail sales centers under the name Wisdom Homes of America, Inc. The company has hired Brent Nelms, a 30-year veteran of the manufactured homes industry, as president …
Nathan Smith, 42, has grown from spending his early years in a pre HUD-Code home on a hillside in southeastern Kentucky to being the face of and partner in a company that develops and operates 25 manufactured housing communities (MHCs) in Kentucky, Indiana and Ohio. In a very animated TV …
MHProNews.com published a story Jan. 15, 2014 regarding Alberta, Canada’s New Home Buyer Protection Act, which goes into effect Feb. 1, 2014, and insures all homes meet the same standards, including manufactured and modular homes. The home-building and remodeling industry has ranked in the top 10 for most complaints received …
As the federal housing assistance program for victims of Hurricane Sandy winds down to an end April 1, over 80 New Jersey families continue to live in temporary quarters, including in manufactured homes (MH) in manufactured housing communities (MHCs). Gov. Chris Christie has asked the federal government to extend the …
Manufactured Housing Communities Continue Sheltering Sandy Victims Read More
Peter Gallagher, vice president of sales and operations of Liberty Homes Custom Builders (LIBHA) in Pocono Lake, Pennsylvania, has been elected vice-president of the Pennsylvania Builders Association (PBA), a nonprofit trade group that offers homebuilders opportunities for networking and examining governmental issues related to the trade. Liberty is a long-time …
Liberty Homes Veep now a Veep for Trade Organization Read More
Woodward County Commissioners in Woodward, Oklahoma have approved the final plat for a housing addition that will allow site-built as well as manufactured and modular homes. Riata Ranch was approved for a second time as commissioners felt the need to spell out covenants and restrictions in more detail. In assuring …
New Addition—Mix of Manufactured, Modular and Site-Built Homes Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews.com the House of Representatives Financial Services Committee is establishing an internet link for people to give first hand accounts of how the new Dodd-Frank Act and its implementation by the Consumer Financial Protection Bureau (CFPB) is affecting them. This window …
The 125,000 square foot industrial space in Bend, Oregon at one time occupied by Fuqua Homes, Inc. has been sold to a hedge fund manager and his wife for $2.7 million. The couple will likely develop it into a multi-tenant facility, according to bendbulletin.com. Fuqua Homes built manufactured and modular …
The Monticello (Arkansas) City Council passed an ordinance effective May 1, 2014 that limits manufactured homes sited be no more than 15 years old, and they must meet all city building and occupancy codes the same as other homes. According to mymonticellonews.net, building permits for manufactured homes are only good …
New Manufactured Housing Ordinances take Effect May 1 Read More
Show coordinator Dennis Hill said by 1:00 PM, Wednesday Jan. 22, the first day of the Louisville Manufactured Housing Show, more people had come through the gate than for the entire show last year. The finance panel discussion, moderated by Dick Ernst and featuring most of the major lenders in …
Louisville (Slugger) Manufactured Housing Show Hits Homer Read More
As follow-up to a story MHProNews posted Jan. 16, 2014 regarding three variance requests for the siting of manufactured homes in Magnolia, Arkansas, the Magnolia Planning and Zoning Commission denied all three, according to magnoliareporter.com. Although all three requests were from parties who own the land, and the commissioners support …
Placement Denied for Three Manufactured Home Variance Requests Read More
As follow-up to a story MHProNews last posted May 22, 2013, the Clayton-Bradley Academy, which opened on the grounds of Clayton Homes in July, has announced plans to add four classrooms to the school which currently serves 78 tuition students. Dr. Don Bruce, chairman of the nonprofit organization Innovative Education …
Clayton-Bradley Academy Adding Classrooms Ahead of Schedule Read More
The Magnolia (Arkansas) Planning Commission will deal with the placement of several manufactured homes at its next meeting on Mon., Jan. 20, 2014. As magnoliareporter.com informs MHProNews, Aaron Thomas and Shari Palmucci have each requested a variance to site a manufactured home in an R2 zone (single-family homes and duplexes). …
