Advocacy

Trade Agreement could Harm Housing Recovery

Testifying before the office of the U. S. Trade Representative in Washington, D.C. the National Association of Home Builders’ (NAHB) CEO Jerry Howard urged the federal government to avoid involving the U.S.-Canada softwood lumber accord in the Trans-Pacific Partnership Trade Agreement (TPP) talks. “Reopening the U.S.-Canada softwood lumber agreement would …

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Romney Hammers Obama’s Housing Recovery

HousingWire reports Republican presidential hopeful Mitt Romney, in his housing plan, promises to shortcut Pres. Obama’s foreclosure prevention programs with private deals between banks and borrowers by providing alternatives to foreclosure, like short sales, deed-in-lieu-of-foreclosure, and shared appreciation. He has slammed the qualified mortgage rule and vowed to overhaul the …

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Home Builders Want to Evaluate Legislative Proposal

In a letter to the U.S. Speaker of the House of Representatives John Boehner, the National Association of Home Builders (NAHB) expresses concerns with H.R. 4212, the Contaminated Drywall Safety Act of 2012, which is designed to prevent unsafe drywall being used in the U.S. While NAHB praises the Consumer …

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MHCC to Meet in October

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews the Manufactured Housing Consensus Committee (MHCC) will hold an in-person meeting Oct. 23-25 in Arlington, VA. MHARR notes this will be the first MHCC meeting in over a year, and the first since the payment dispute between HUD and the …

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Modular Apartments Dedicated in Conn.

The news-times reports from Danbury, Connecticut a dozen new modular apartments built with high-efficiency insulation featuring Energy Star utilities and fixtures is a collaborative effort of the city, the state’s General Assembly, Connecticut’s Housing Development Fund, as well as the builders and three local banks. “The utility bills in these …

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Manufactured Home Owners Gather

napavalleyregister reports 80 people, representing a three county area just north of San Francisco, heard five speakers at the Golden State Manufactured-Home Owners League (GSMOL) address issues of rent control, recruitment, civil law and fair housing. Two attorneys who specialize in construction and property law discussed responsibilities landlords have to …

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MHARR Appeals to Pres. Obama and Candidate Romney

heraldonline tells MHProNews the Manufactured Housing Association for Regulatory Reform (MHARR) issued a bi-partisan appeal to President Obama and Republican presidential candidate Mitt Romney to assist in revitalizing manufactured housing as a form of affordable homeownership for millions of Americans of modest means to achieve the dream of owning their …

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Dodd-Frank Entities Lack Transparency and Accountability

The House Financial Services Committee says after an extensive nine month audit by the Government Accountability Office (GAO) of the Financial Stability Oversight Committee (FSOC) and the Office of Financial Research (OFR), both creations of the Dodd-Frank Act, public information of their activities is limited. Financial Services Committee Chairman Spencer …

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MHCs in Iowa cannot become Co-ops

Joe Kelly, executive vice-president of the Iowa Manufactured Housing Association (IAMHA), informs MHProNews that the Iowa Department of Revenue has notified local governments that land lease communities are not structured to qualify as co-ops under Iowa Code 499A. As a residential classification, co-ops pay only about half the taxes of …

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Delaware Legislative Candidate States MHC Position

As follow-up to an article we published Aug, 24, 2012 on the Delaware race for state representative in District 37 between incumbent Republican Briggs King and Democrat Beth McGinn, Ms. King clarifies her stance on MHCs in a Cape Gazette VillageSoup article. While Ms. McGinn criticized King for abstaining from …

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More Good Housing News

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) says the number of improving housing markets increased from 81 in August to 99 in Sept., further indication that the housing market is recovering. Based on employment growth, house price appreciation, and single-family housing permit growth for six …

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Affordable Modular Housing Program for Missouri

connecttristates reports a collaborative effort between the North East Community Action Corporation (NECAC) of Bowling Green, Missouri and Louisville, Kentucky-based Next Step will put low income people in modular homes in the NECAC area. The non-profit works with a variety of other non-profits, businesses, and governmental entities to deliver social …

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Texas Manufactured Housing Association event attendees cheer

The Texas Manufactured Housing Association (TMHA) celebrated their 60thAnniversary at the Four Seasons Hotel in Houston, Texas Aug. 19-21 with a variety of representatives from retailers, community owners and lenders, to brokers, manufacturers, managers, informational and motivational speakers, and marketing pros. Kurt Kelley of Mobile Insurance says the classes and …

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Democratic Senate Candidate Donnelly Skips Charlotte

In his political blog, Jim Shella of Indianapolis notes U.S. Senate candidate Joe Donnelly chose to tour a vocational school in Indianapolis instead of attending the Democratic National Convention in Charlotte, NC this week. Responding to Republican opponent Richard Mourdock’s attack ads aligning him with President Obama, Shella notes it …

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MH Production Marks Year of Steady Growth

MHProNews has learned from the Manufactured Housing Association for Regulatory Reform (MHARR) statistics compiled by the U. S. Dept. of Housing and Urban Development (HUD) show HUD Code manufacturers produced 4,221 homes in July of this year, a 14.8 percent increase from July 2011 when 3,676 homes were manufactured. This …

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Manufactured Housing Loan Advice

A reader tells the Las Vegas Review-Journal he purchased a new manufactured home in 2006 for $85,000 with $50,000 down and financed the balance for 20 years at 6.5%. The loan balance is $30,500 and the home is assessed at $56,000, but he cannot find a lender to help him …

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Job Growth may not Equal Housing Recovery

From Q1 2010 to Q1 2012 low-wage occupations grew at a rate 2.7 times faster than those in the middle to higher-wage categories, HousingWire tells MHProNews. According to the advocacy group the National Employment Law Project, 1.7 million of the jobs added the last two years were in the services, …

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Bernanke Strongly Suggests a Stimulus is Coming

In his annual speech at Jackson Hole, Wyoming, CNNMoney tells MHProNews Federal Reserve Chairman Ben Bernanke talked up providing more stimulus for the economy, saying the two previous rounds of asset purchases improved financial markets and led to two million jobs. Previously, the Fed intimated it would provide stimulus only …

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NAR has High Hopes

nationalmortgagenews reports the National Association of Realtors (NAR) says July pending home sales rose 2.4 percent over June to a two-year high, after falling in June 1.4 percent from the previous month. The trade group is forecasting home sales will rise nine percent this year and eight percent in 2013, …

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MHI Selects Jenny Hodge as Veep of National Communities Council

The Manufactured Housing Institute (MHI) announces Jenny Hodge has been selected Vice President, National Communities Council, with the responsibility for creating, managing, and developing programs to advance the interests of manufactured home land-lease community owners, managers, developers, lenders, brokers, and service/suppliers. Formerly Vice President of Marketing for the American Integrity …

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