TheDailyStar tells MHProNews a modular project is under way in Sidney, New York, northeast of Binghamton, to provide housing for persons with developmental disabilities. Bought last year by the state Dormitory Authority for the Broome Developmental Disabilities Service Office, one of the six lots already has a modular home outfitted …
The Energize Indiana initiative was begun by the state to help consumers reduce their utility usage, according to the Banner-Graphic of Greencastle, IN just west of Indianapolis. United Way of Putnam County is soliciting residents to take advantage of a free home energy assessment in exchange for which United Way …
The National Association of Home Builders (NAHB), while noting their prediction of a 21% rise in single-family housing starts this year to 528,000 units, and next year to 665,000, says the uncertainty of how the Dodd-Frank Act plays out is preventing lenders from loosening credit, and further constraining the housing …
The National Association of Home Builders says statistics from HUD and the U.S. Census Bureau report new home construction shot up 15 percent to a seasonally-adjusted annual rate (SAAR) of 872,000 units. New single-family home construction accounted for 11 percent of the increase, 603,000 units, the best rate since Aug. …
Following a story we last published Sept. 24, 2012, concerning a race between two women for House District Seat 37 in southeastern Delaware, Cape Gazette Village Soup has posed questions to the candidates. Republican Briggs King is the incumbent and vice president of the county realtors association. Democratic challenger Beth …
While the Mortgage Bankers Association (MBA) asserts the Consumer Financial Protection Bureau (CFPB) goes beyond Dodd-Frank in its proposed mortgage servicing guidelines by creating compliance barriers, it also calls the proposed exemption for smaller servicers too narrow. HousingWire tells MHPronews consumer groups say the servicing standards do not protect distressed …
In his review of Stanley Kurtz’s Spreading the Wealth: How Obama is Robbing the suburbs to Pay for the Cities, Eric Miller notes in Sustainable City News how the right has set up a straw man just to smash it down. Miller points out the suburbs were subsidized in the …
The Uniform Law Commission (ULC) states manufactured housing is considered personal property in most states because its origins as a home on wheels (trailer) being towed led to its taxation and licensing as a vehicle, but new MH today generally moves only once–from the sales lot to the site. The …
LaneReport tells MHProNews Kentucky’s Governor Steve Beshear has reappointed Betty C. Whittaker to serve on the High Performance Buildings Advisory Committee. Executive director of the Kentucky Manufactured Housing Institute (KMHI), Ms. Whittaker is scheduled to serve until her term expires Aug. 22, 2014. (Photo credit: Kentucky Manufactured Housing Institute)
From Vero Beach, Fla. tcpalm reports five manufactured homes have been donated for qualified veterans in need of housing. All of the homes are two-bedroom multi-section and ready for immediate occupancy. Home Depot is partnering with the Veterans Council to help repair the one home that needs work. MHProNews has …
The National Association of Home Builders tells MHProNews the NAHB/First American Improving Markets Index (IMI) indicating positive movement in the housing industry rose four notches from last month to include 103 metropolitan markets. Measuring housing permits, employment and house prices for at least six consecutive months, the Oct. reading marks …
Matthew Iglesias, writing in Slate magazine, notes that durable goods—appliances, furniture, vehicles, airplanes— are primarily mass-produced in factories because that is the most cost-effective way to produce the least expensive product for the consumer, and the highest wage for the worker. Some of these products occupy space in homes, which …
Encouraged by a variety of signs, fourteen economists surveyed by CNNMoney believe the housing market has finally turned the corner on its way back to health. Only three months ago half of those surveyed did not believe the turnaround would come until next year, or later. The economists cite three …
WVPubCast tells MHProNews two new modular homes now dot Route 52 just outside Welch, West Virginia in the southwestern corner of the state. Penni Padgett, Housing Director of the Council of the Southern Mountains, notes it is a milestone. “It is a small start but it is a start,” she …
BizJournals reports from Seattle, Washington nonprofit developer Common Ground is considering several options to increase affordable housing in the state, according to a study the organization released. It costs $200,000 to develop a new rental housing unit in Washington, twice the national average, and the state is restrictive about what …
Richard Jennison, President and CEO of the Manufactured Housing Institute (MHI) has announced the appointment of Kelli B. Nelson as the new Director of Government Relations. Her responsibilities will include promoting the manufactured housing agenda to Congress and the executive branch, as well as directing MHI policy and utilizing state …
Kelli B. Nelson, new MHI Director of Government Relations Read More
WashingtonExaminer says a poll of manufacturers and small business owners commissioned by the National Association of Manufacturers (NAM) and National Federation of Independent Businesses (NFIB) reveals 55 percent would not have started their businesses in today’s economic climate. Additionally, 69 percent say President Obama’s regulatory policies have hurt their business …
The National Association of Home Builders reports the pace of new home sales held steady in August at the seasonally-adjusted annual rate (SAAR) of 337,000 units, virtually unchanged from July, according to data from HUD and the U.S. Census Bureau. NAHB Chief Economist David Crowe says, “This latest report indicates …
Marcus & Millichap’s Michael Glass says for commercial real estate investors seeking to diversify their portfolio, the stabilizing housing market and resurgence in financing can make manufactured housing communities a good investment. In particular he notes age-restricted MHCs in prime markets are not increasing in number, leading to competition among …
MHProNews has learned the Federal Housing Administration (FHA) issued a reminder to approved FHA lenders to promptly release hazard insurance funds to disaster victims of Hurricane Isaac, as per loan documents. The Mortgagee Letter says in the past some lenders used hazard insurance proceeds to pay off the mortgage, leaving …
