The Ohio Manufactured Homes Association (OMHA) tells MHProNews one time OMHA director Dan Rolfes suggested over ten years ago that all aspects of MH industry rules and regulations should be under one roof. On May 23, 2012, the Ohio General Assembly voted to establish – and the governor signed into …
The Oklahoma Manufactured Housing Association (OMHA) and the Manufactured Housing Association for Regulatory Reform (MHARR) reports House Financial Services Committee Chairman Spencer Bachus (R-Ala), in commenting on a lawsuit challenging the constitutionality of Dodd-Frank, says the Consumer Financial Protection Bureau (CFPB) is a massive governmental bureaucracy without adequate checks and …
MarketWatch says according to the National Association of Realtors (NAR) sales of existing homes fell 1.5 percent in May because fewer inexpensive homes sold. The seasonally annual- adjusted rate (SAAR) of sales for the month hit 4.55 million, a drop from 4.62 million in April. Although sales were up 9.6 …
From The Jerusalem Post in Israel MHProNews.com learns 33 families currently residing in five apartment buildings in Ulpana will voluntarily leave their outpost in the West Bank by July 1 and move into modular housing in nearby Beit El. The High Court of Justice said the buildings have to be …
LosAltosPatch reports the first modular multifamily LEED (Leadership in Energy and Environmental Design)-Certified building in Silicon Valley, in California features exposed structural steel frame, Forest Stewardship Council (FSC)-certified wood exterior that comprises the modules, solar panels that provide 100% of the energy to the units, zero VOC (volatile organic compounds) …
Harking back to a story we posted May 3, 2012, the Delaware House of Representatives was considering a bill that would require approval from the Governor’s Advisory Council on Manufactured Housing for any increase in rent at an MHC beyond the consumer price index. DelawareFirst tells MHProNews Senate Bill 205, …
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that despite the 2008 Congressional “duty to serve” (DTS) directive to the government-sponsored enterprises (GSEs) to establish a secondary market for manufactured housing, including chattel loans, the proposed implementation rule published by the Federal Housing Finance Agency (FHFA) two years ago …
Community development lenders and investors might be eligible for $200,000 grants each from the departments of Agriculture, Treasury and HUD to replace some of the worst housing in the nation—worse than urban slums or some Indian reservations: It’s the “colonias” areas of the U.S. border with Mexico. Likely to be …
Over a year has gone by since IBISWorld (infamously) predicted the demise of Manufactured Housing (specifically MH retailers) along with nine other industries, including print newspapers. The recent announcement that Advance Publications will cut 600 jobs among four newspapers underscores the valid concerns abut the weakening potential future for pring …
A Year later: IBISWorld, Manufactured Housing and Print News. Read More
Harvard University’s Joint Center for Housing Studies says the $2.8 trillion rise in household wealth last quarter, state revenues expecting to exceed pre-recession levels of five years ago, and the nation’s service sector continuing to grow all trump the static unemployment rate and Europe’s debt crisis, and indicate an economy …
ModularHomeCoach reports the United States Department of Agriculture (USDA) has instituted a program through its Rural Development Housing division to lower interest rates and monthly payments for thousands of borrowers who have loans made or backed by the USDA. The pilot program, designed to improve the housing market, is being …
Writing in NationalMortgageNews, Paul Muolo says some industry officials are suggesting the Consumer Financial Protection Bureau (CFPB) exclude Fannie Mae, Freddie, Mac and Federal Housing Authority (FHA) loans from its loan origination compensation proposals. MHProNews.com has learned the National Association of Independent Housing Professionals says: “As an alternative to the …
The Manufactured Housing Institute (MHI), responding to a request from the House Oversight and Government Reform Committee regarding regulations that negatively impact job growth in the manufactured housing industry, focused on three major areas of regulatory reform: Regulations authorized by Dodd-Frank; the Manufactured Housing Construction and Safety Standards Act; and …
SooToday says the Federal Government of Canada has announced a $31,500 grant to the Missanabie Cree First Nation people to cover legal expenses for the establishment of a modular home building plant that will employ First Nation peoples building homes for their members in the Sault Ste. Marie area. The …
Canadian Govt. Helping Fund First Nation Modular Plant Read More
The RV/MH Hall of Fame and Museum in Elkhart, Indiana announces anyone purchasing a brick in the Hall’s Walk of Fame before Aug. 31, 2012 will receive tax deductible status for the donation, and it will be matched by the Ingram’s family $100,000 challenge grant to reduce the debt. Vice …
RV/MH Hall of Fame Invites You to Their Walk of Fame Read More
A line-up of former regulators, lawmakers, and other financial policy makers headed by one-time Federal Deposit Insurance Corp. (FDIC) chairman Sheila Bair will form the Systemic Risk Council to keep tabs on the enforcement of the new regulations under Dodd-Frank. As NationalMortgageNews tells MHProNews.com, the group was organized by the …
The National Association of Home Builders showed up 700 strong on Capitol Hill Wed., June 6, 2012, to implore Congress to get the homebuilding industry back on track. Specifically, builders asked for the restoration of credit flow for new housing production; the reform of GSEs to ensure a federal backstop …
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews.com Housing and Urban Development (HUD) statistics show production of HUD Code homes rose to 4,630 homes in April 2012, a 17.4 percent increase over April 2011 production of 3,944 homes, marking nine months of consecutive industry growth. The top ten …
In a story MHProNews.com has been following for over a year, voters in Oceanside, California overwhelmingly voted down Proposition E which would gradually eliminate rent control in the city’s 17 MHCs. City council Councilman Jerry Kern, who championed eliminating the rent control measure that has been in effect since 1984, …
The non-profit Concern for Independent Living, Inc. dedicated the state’s first large, multi-family modular apartment building in the Brownsville section of Brooklyn, New York. The 65-unit MacDougal Street Apartments will create 18 new permanent jobs and will be home to 65 low-income residents recovering from mental illness. MarketWatch tells MHProNews.com …
