Manufactured Housing Institute (MHI) President and CEO Dick Jennison reports the Insurance Institute for Business & Home Safety (IBHS), a not-for-profit safety education and risk mitigation organization, supported by the property insurance industry, will conduct wind tests on the attached structures of two HUD-code homes at their testing facility in …
Insurance Industry Sponsoring a Manufactured Home Wind Test Read More
Writing in bankstocks.com, Thomas Brown says the Consumer Financial Protection Bureau (CFPB) did not follow its own rules in seeking approval for its new headquarters, the tab for which has risen from the original $95 million to an estimated $215 million. The Federal Reserve’s inspector general’s report concludes no evidence …
An article written by Allan Wallis about manufactured housing in 1984 continues to be relevant today, although the definitions in Drawn Quarters do not always resonate with governmental and regulatory agencies. He cites the four distinct periods of the industry, and their proper names: 1928-1940 travel trailer 1941-1954 house trailer …
According to etfdailynews.com, Jeffrey Gundlach, CEO of DoubleLine Capital, said at the Sohn Investment Conference, “Single-family housing is overrated. Renting is more appealing across all age groups, all parts of the U.S., city, suburb, small town and rural.” Investor Bill Miller of Legg Mason disagreed, saying housing affordability and low …
Sam Zell: With Home Sales Skittish, Multifamily Rental is Good Investment Read More
According to a report on NPR.org, the city of Chicago owns nearly 5,000 empty lots in the greater Englewood area on the South Side due to the foreclosure crisis that resulted in the demolition of many homes. Having limited success with affordable housing and urban garden efforts, the city is …
Vacant Lots in Chicago Selling for One Dollar Each Read More
In an attempt to strengthen the state’s housing market, Virginia has passed a measure that allows first-time home buyers to invest up to $50,000 in any financial institution, free of state taxes on any earnings, provided the money is used to buy a home in the state. Called the First-time …
Manufactured Homes Included in Homebuyer Savings Plan Read More
U. S. House of Representatives Speaker John Boehner (R-OH) plans to introduce legislation that will allow the House to sue President Obama for unconstitutional overreach, according to nytimes.com. Allowing the House to sue through the House general counsel, the bill is in response to the president’s executive actions, including preventing …
House to Sue President Obama, as Supreme Court Denies Birth Control Provision of ACA Read More
Facing an energetic and aggressive challenger who took advantage of the anti-Washington, DC mood, Mississippi Republican Senator Thad Cochran, stunned by the June 3 primary that denied him an electoral majority, beat back TEA Party challenger Chris McDaniel by less than two percentage points, 6,400 votes in the Republican primary, …
MSMHA Director Jennifer Hall Hails Senator Thad Cochran’s Election Win Read More
Under the Dodd-Frank Act, the Consumer Financial Protection Bureau (CFPB) can issue a cease-and-desist order to shut down any business at any time, preventing the business from re-opening until either the government gives its approval or a court ruling is issued. Due to the usual slow movement of bureaucracies and …
Consumer Financial Protection Bureau Disarming Arms Merchants Read More
Updating a post MHProNews published May 12, 2014 concerning the Department of Housing and Urban Development’s (HUD) increase of $95 to $105 for manufactured home per floor label fees in an attempt to help defray the program costs, the Manufactured Housing Institute’s (MHI) response suggested HUD develop a formula for …
In an article on MHProNews, Ross Kinzler, Executive Director of the Wisconsin Housing Alliance, noting in the three years immediately following implementation of the HUD Code in 1976, one million manufactured homes (MH) were produced. The next million took four to five years to produce, and more recently, twelve years …
Kinzler: MH Production Status Quo is not Acceptable Read More
Commenting on the lack of affordable housing in Cornwall, Scott Mann, the Conservative parliamentary candidate for North Cornwall, says, “I like the idea of using modular housing as a quick solution to North Cornwall’s housing problems. We need truly affordable housing for hard working families on Cornish wages. We should …
A non-profit organization dedicated to teaching life skills to young men and women utilizing current and former National Football League (NFL) members, is partnering with a New Jersey modular home builder to sponsor the ProPlayer Football Camp and Charity Flag Football Game at Toms River High School North June 26 …
Modular Builder Teaming with NFL Players to Guide New Jersey Youth Read More
Manufactured housing communities (MHCs) may be an environmentally friendly solution for housing the millions of retiring Baby Boomers, and are often safe, pleasant areas that provide a sense of community, ideal for retirees, according to motherearthnews.com. Noting 20 million Americans live in MH, the Manufactured Housing Institute (MHI) estimates 23 …
Manufactured Homes: Solution to Need for Baby Boomer Housing Read More
Pamela Danner, the Department of Housing and Urban Development’s (HUD) Administrator for the Office of Manufactured Housing, released a letter announcing Home Innovation Research Labs, Inc. as the new Administrating Organization (AO) for the Manufactured Housing Consensus Committee (MHCC). According to the Manufactured Housing Association for Regulatory Reform (MHARR), the …
HUD MH Head Announces new AO for the Manufactured Housing Consensus Committee Read More
The Natural Resources Defense Council reports the U. S. Department of Energy (DOE) has assembled a working team to develop new energy-efficient standards for manufactured homes (MH) to replace the current ones that are over 20 years old. Noting the existence of nine million manufactured homes nationwide providing affordable housing …
In a revision to a post MHProNews published June 3, 2014 regarding HUD Code home production in April, 2014, the Manufactured Housing Institute (MHI) reports 5,718 homes were shipped that month, upwardly revised from the 5,653 homes we previously reported, a 7.5 percent increase over April, 2013. Total floors shipped …
In a wide-ranging interview on Fox Business Network’s Opening Bell with Maria Bartiromo, Chairman of Equity LifeStyle International, Sam Zell, says he may not be young enough to see the final tapering of the Federal Reserve’s stimulus, despite most observers saying it will end in October, as housingwire.com tells MHProNews. …
Waterloo (Iowa) Community Schools officials succeeded in convincing Waterloo’s Planning, Programming and Zoning Commission to allow two modular classroom buildings to remain at Kingsley Elementary school while district officials deal with balancing the burgeoning student population. Sited in Sept., 2010, each building contains two classrooms, both of which had been …
School District Juggles Kids, Continues Using Modular Classrooms Read More
The Department of Housing and Urban Development published a final rule, ASSE 1070-2004, in the Federal Register that amends the Federal Manufactured Home Construction and Safety Standards by incorporating the correct reference standard for anti-scald devices designed for bathtubs and whirlpool tubs without showers in manufactured homes. A previous rule …
HUD Publishes Final Rule on Water Temp Control in Manufactured Housing Read More
