In a recent meeting with community bankers from around the country, President Donald Trump said that reducing Dodd-Frank regulations would benefit Small and Medium Enterprises (SMEs) that are struggling to get access to financing. According to Pymnts, in the March 9th meeting, which also included National Economic Council Director Gary …
New data from Redfin shows that more consumers than ever before are in the market for a home. While sales are picking up, new home construction is well below levels prior to the recession of 2008. Could manufactured housing be the solution? According to National Mortgage News, there are key …
Constraints on New Home Construction – Is MH the Answer? Read More
Between now and month’s end, there is a good likelihood that the new and improved MHProNews.com version 3.0 will be rolled out. The new site will feature: A bold new, modern look, feel, and navigation. Enhanced security features (necessary in today’s hacking and malware environment). More visually rich, with more …
Service, Manufactured Housing News Programming Alert Read More
South of Eugene, Oregon, in the community of Saginaw, the St. Vincent de Paul Society of Lane County is working to utilize manufactured housing to help those in need. According to the Register Guard, the organization has acquired the Saginaw Park community, furthering its efforts to buy and rehabilitate manufactured …
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has formally called upon the Secretary of the U.S. Department of Energy (DOE), Gov. Rick Perry, to withdraw its proposed manufactured housing energy rule. MHARR says that the proposed rule is “rooted in climate change activism and advanced …
MHARR to Secretary Perry: Withdraw Unnecessary MH Energy Rule Read More
Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over three dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals …
In Lawrence County, Ohio, the county land bank is making a very strong statement with regard to manufactured homes that are delinquent on their taxes. According to an editorial board letter in the Ironton Tribune, the land bank is looking to clean up abandoned and run-down properties across the county, …
Land Bank Pursues Tax Delinquent Manufactured Homes Read More
On the acquisition front in the manufactured housing industry, Universal Forest Products, Inc. (NASDAQ: UFPI) has announced two acquisitions. Through one of its affiliates, UPFI has closed on the purchase of certain assets of Quality Hardwood Sales. Based in Nappanee, Indiana, Quality Hardwood Sales is a manufacturer and supplier of …
Manufactured Housing Industry Acquisitions Announced Read More
Fresh off of their announcement regarding the shutdown of their Mansfield, Texas production facility, and the subsequent announcement that Champion Homes will acquire it, Skyline Corp. (NYSE: SKY) announced yesterday that the company has suspended operations at its Elkhart, Indiana plant. According to the South Bend Tribune, Skyline also …
A new survey from the National Association of Realtors (NAR), shows some rather interesting statistics, and opportunities for the manufactured housing industry. According to Furniture Today, the 132-question survey, as a part of the 2017 Home Buyer and Seller Generational Trends study, showed that “Generation X” households are buying more …
For President Donald Trump, the news regarding jobs made for a great morning. “U.S. private sector job creation surging with nearly 300k created last month. Much more than expected!” tweeted Trump. Today’s report from global payroll firm ADP provides the first look at hard figures from the President’s first full …
Jobs Go Boom: Employment Numbers Show Trump Effect Read More
Longtime Texas Manufactured Housing Association (TMHA) member Brian R. Kirby, 62, passed away March 4, 2017 at his home in Heath, Texas surrounded by his family after a courageous battle with cancer. Brian and his wife Deborah began Magnum Home Service in Heath 33 years ago and operate the business …
Wheatland, Wyoming resident and manufactured home owner Jason Halvorsen had a busy Thursday last week. He made the drive from his home to the Wyoming State Legislature in Cheyenne, with good reason. He wanted to be present when Governor Matt Mead signed a piece of legislation that he sparked, and that …
In Springfield, Missouri, more than 50 volunteers did some very important clean up work this weekend. The volunteers were cleaning up the future site of Eden Village, which is a “tiny-home” community being designed for disabled, chronically homeless people. As the Daily Business News originally covered here, Eden Village is …
In a case that the Daily Business News has followed since 2013, JoLeigh Ares, former beauty queen and one time manufactured home dealer and owner of Park Girl Sales in the Rio Grand Valley of Texas, is headed for trial for multiple cases of consumer fraud. The trial that was …
In the first people’s community of Fort Chipewyan in Northern Alberta, Canada, the manufactured housing cavalry is coming to the rescue to solve a housing shortage. According to the CBC, sixteen manufactured homes are on their way to the community, to tackle a chronic overcrowding challenge that has families living …
Washington, D.C., March 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially during January 2017. These just-released statistics indicate that HUD …
HUD Code Manufactured Home Production Increases, January Report Read More
MHProNews has learned that Skyline Corp. has come to terms to sell its Mansfield, Texas manufactured-housing facility to Champion Home Builders. According to the Star-Telegram, under terms of the deal, Champion would pay a $99,000 deposit and then $2,125,000 upon closing, scheduled to occur on or before April 7, according …
Skyline Makes Announcement Regarding Mansfield Facility Read More
The Manufactured Housing Institute, and its president and CEO, Richard A. Jennison, are required as a tax-exempt organization to keep and file certain records. One of those reports was obtained by MHProNews, and is attached herein. MHI’s organizational mission statement as obtained from GuideStar, reads as follows. MISSION STATEMENT “Improve …
As we enter the month our theme is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page. To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please check out the Masthead blog on Tuesday …
