Following a story MHProNews.com published Feb. 18, 2014 regarding legislation in the Virginia House of Delegates that would streamline the titling of manufactured homes, the Virginia Manufactured and Modular Housing Association (VAMMHA) informs us the legislation has passed the General Assembly and awaits Governor Terry McAuliffe’s signature. Introduced by Senator …
MHProNews.com has learned that Sen. Marco Rubio, R-FL, has become the tenth U. S. senator to sign on as a co-sponsor of S 1828, the Preserving Access to Manufactured Housing Act. Sen. Joe Donnelly, D-IN, introduced the legislation in the Senate Dec. 16, 2013. The other senators who have signed …
Updating a story MHProNews.com posted Feb. 26, 2014 regarding the building of roundabouts in Wisconsin, Rep. David Craig (R-Big Bend) sponsored legislation, supported by the manufactured housing industry, that would give final say over traffic circles to local municipalities. The Wisconsin Department of Transportation wants to decide where they should …
Measure Supported by Manufactured Housing Industry Read More
Sponsored by House Financial Services Committee member Rep. Sean Duffy (R-WI), the Consumer Financial Freedom and Washington Accountability Act, HR 3193, passed on a mostly party-line vote, would replace the director with a five-member commission and give Congress oversight of the budget. House Financial Services Committee Chairman Jeb Hensarling (R-TX) …
Consumer Financial Protection Bureau Reform Bill Passes House Read More
Following a story MHProNews.com posted Feb. 24, 2014 regarding assistance the state of Michigan is offering to repeat homebuyers, including those buying manufactured homes, we have been informed the Mi Next Home program offers $7,500 maximum assist, or four percent of the purchase price, whichever is lower. Northern Homes Executive …
The U. S. Senate Banking Committee leaders have made a housing finance overhaul bill one the committee’s top priorities, and ranking member Sen. Mike Crapo (R-ID) says he and Chairman Tim Johnson (D-SD) hope to produce their long-awaited housing bill by the end of March, according to POLITICO Pro. Sen. …
Updating a story MHProNews.com published Feb. 21, 2014 regarding U. S. Senate bill S 1828, Preserving Access to Manufactured Housing Act, introduced by Sen. Joe Donnelly (D-IN) Dec. 16, 2013, MHProNews.com has been informed Sen. John McCain (R-AZ) has signed on as a co-sponsor of the bill. A companion to …
Entering the race for a county commission seat in Williams County, North Dakota, Jon Kreil says he wants to re-establish a sense of community, according to willistonherald.com. He has spent time on the Williston Affordable Housing Committee as it seeks to define affordable housing in an area where a 700 …
Commission Candidate wants more Manufactured Housing in North Dakota Read More
In a commentary by MHProNews.com‘s publisher L. A. ‘Tony” Kovach, noting a recent advertisement by the Manufactured Housing Association for Regulatory Reform (MHARR) targeted to industry lenders who are members of the Manufactured Housing Institute (MHI) in an attempt to have them join MHARR, he alludes to a 1971 Pogo …
Pooling Resources for Manufactured Housing, or Pulling them Apart? Read More
Following up on an article MHProNews.com published Feb. 18 regarding the possible closure of the Applewood Park manufactured housing community (MHC) in Midvale, Utah, state representative Tim Cosgrove (D-Murray) has introduced HB 108 that would establish a task force to identify issues dealing with manufactured home ownership. Noting 10,000 seniors …
Bill Establishing Manufactured Housing Task Force Filed Read More
One of the highlights of the Manufactured Housing Institute’s (MHI) Winter Meeting Feb. 9-11 was the day manufactured housing professionals from the entire spectrum of the industry visited Capitol Hill to speak directly with their Congressional representatives. After a breakfast/pep talk with Rep. Andy Barr (R-KY), a member of the …
U. S. Housing and Urban Development Secretary Shaun Donovan, noting that a housing trust fund needs to be established that supports $5 billion in affordable housing production a year, says the congressional GSE (government-supported enterprise) reform legislation that eventually eliminates Fannie Mae and Freddie Mac needs to include such a …
The Virginia Manufactured and Modular Housing Association (VAMMHA) tells MHProNews.com legislation in the House of Delegates, SB363, supported by VAMMHA, will streamline the titling process of manufactured homes and allow for the re-titling of homes severed from real property. If the measure passes through the subcommittee of the House Transportation …
Legislation could Affect Titling of Manufactured Homes Read More
MHProNews.com has learned from Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IMHA), that the Iowa Legislature is considering House Study Bill (HSB) 638, which would provide for the creation of first-time home-buyer savings accounts. First-time manufactured home purchasers, whether in real estate applications or in communities, would …
Due to a number of factors, manufacturing has declined in Australia, especially in the food and automobile industries, and two staff members of Curtin University have suggested resources be turned to the modular housing market. Jemma Green and Peter Newman say the off-site housing market is a $90 billion industry …
The Modular Home Builders Association (MHBA) is promoting a new initiative to unite all modular home builders under one roof, according to modularhomecoach.com. Executive Director Tom Hardiman says, “For years, the modular home industry has been fragmented and disjointed, underserved and underrepresented by committees, councils and for-profit entities that have …
Noting the flack Consumer Financial Protection Bureau Director (CFPB) Richard Cordray received about manufactured housing when he recently appeared before the House Financial Services Committee, Doug Ryan of CFED says the criticisms are misguided, although the testimony did bring attention to the 20 million people who live in manufactured housing. …
CFED’s Ryan says Future of Affordable Living Depends on Manufactured Housing Read More
According to motleyfool.com, Wells Fargo upgraded real estate investment trust (REIT) Sun Communities, Inc. to Outperform, as it cited positive home sales trends. In addition, Sun’s guidance for 2014 includes an $0.08 increase in distribution per common share; a midrange estimate of funds from operations (FFO) per share increase of …
MHProNews.com has been informed the need for worldwide senior housing is projected to drive that sector of the construction market to $127 billion by 2023 in the G20 summit nations, growing at a compounded eight percent over the coming decade, more than double the current market value. As reversemortgagedaily.com says, …
Growing Need for Senior Housing to Drive Modular Market Read More
Writing for bankstocks.com, commentator Thomas Brown says while the Consumer Financial Protection Bureau (CFPB) is supposed to insure consumers get a fair shake when obtaining a mortgage, it will end up making credit more expensive and tougher to get for the people it was intended to help. It is accountable …
