On Wednesday, February 16th, MHI-PAC hosted a fundraiser for Senator Olympia Snowe (R-ME). Senator Snowe sits on the Finance, Commerce and Small Business Committees and is a major Industry friend. MHI extended particular thanks to Kevin Clayton, President of Clayton Homes, was among those who attended this successful fundraiser, which …
MHI Says MHI-PAC Fundraiser for Senator Snowe a Success Read More
A grant from the state’s Neighborhood Home Program in Gautier, Mississippi will provide up to $75,000 to individuals in the Isle of Pines Mobile Home Park the opportunity to replace their antiquated factory-built homes damaged by Hurricane Katrina with new Mississippi Cottages, according to an article on GulfLive.com. Samantha Abell, …
Housing Program Funded to Rebuild Damage from Katrina Read More
KanBuild, Inc., of Osage City, Kansas has suspended operations effective immediately. The Kansas City Star reports the modular home builder cited the recession, harsh winter, and financing crunch for buyers as contributing to the cessation, which idled 78 employees. Spokesman Quentin Robert said he hopes to reopen in the spring …
The Times and Democrat of Orangeburg, SC reports that new laws are being drawn up for the regulation of manufactured homes by the city council of Cope, SC. Existing homes will be grandfathered in, but no new ones will be permitted to be located within the town limits. Homes sitting …
Two brothers in Calgary, Alberta, Canada are turning heads with their approach to modular housing. After developing their single and multi-family homes, Kris and Kurt Goodjohn of Karoleena Homes turned their pursuits to cabins, and have recently come up with a 650-square foot eco-friendly recreational model, Karo Cabin. According to …
After two years of investigation, The New York Times reports the criminal charges against Angelo R. Mozilo, former CEO of Countrywide Financial, the one-time largest mortgage lender in the U.S., have been dropped by federal prosecutors. The Securities and Exchange Commission settled their suit against him last fall for $67.5 …
Through a consortium of local, state, and community development organizations, the urban vacant lots that dot downtown St. Louis are beginning to be occupied by sustainable, affordable, modular homes built by Homeway Homes of Illinois. Featuring bamboo floors, Low-E Energy Star windows, high efficient HVAC and other aspects designed to …
Legislation introduced in the Iowa Senate Feb. 17 makes changes to existing laws regarding the sale and subsequent occupancy of manufactured homes in rental communities. The proposal deals with disclosure of title and tax assessment information by the seller, liens and mortgages encumbered by ownership, interest rates, abandoned homes, late …
Proposed Iowa Bill Covers Manufactured Home Rentals Read More
The Dow rose 73.11 points to close at 12,391.25, a two-year high. Skyline was down 3.87 percent, Cavco lost 1.18 percent and Nobility Homes was down .87 percent. The Manufactured Housing Composite lost 2.03 percent.
The Johnson County Health Department in Iowa City, Iowa, has denied the Regency Mobile Home Park’s appeal to charges it is not responsible for 28 abandoned manufactured homes that pose a health and safety risk. While agreeing that the homes need to be disposed of, Regency claims the responsibility for …
MH Community Charged with Responsibility for Abandoned Homes Read More
The Asheville (NC) City Development Plan 2025 identified 12 economic development priorities, and number one is building affordable housing within the city, that will also provide 150 jobs. Seeking to lessen the land disturbance and overall environmental impact, the Caledonia Apartments will be modular units with Energy Star rating, employ …
As foreclosures continue to extend the housing crisis, putting more people into rentals, rental vacancy has dropped, and with building costs holding steady, more apartments are being built to meet the demand. Multifamily housing starts in January, including apartments and townhouses, ramped up 78 percent over the previous month, the …
In noting the unprecedented scope and potential long-range effects of the Dodd-Frank Act, several Republican lawmakers have sent a letter to federal regulators asking for 60 days for meaningful public debate and intense scrutiny. According to HousingWire, some members of the business community have already objected to parts of the …
The stock market closed mixed, but the Dow was down slightly to close at 12,268.19. Palm Harbor dropped 15.79 percent and Cavco lost 1.54 points, but Deer Valley was unchanged. The Manufactured Housing Composite Value lost 1.54 percent.
According to CNN Money, the tab to bail out Fannie and Freddie will continue to grow, says the Federal Housing Finance Agency (FHFA), which oversees the duo. It says the estimated costs through 2013 could increase by as much as $210 billion, that on top of the blank check that …
It may not have the same emotions attached as Obamacare, but the reform of Fannie Mae and Freddie Mac may get complicated because the administration’s plan is not specific in some areas, leaving the door open to many options, says an article on GlobeSt.com. Mark Oesterle, former counsel to the …
If you are looking to build a new home, do it now, according to the National Association of Home Builders (NAHB). Construction costs have fallen during the housing crunch, but are steadily creeping back upward. According to an article in the Los Angeles Times, nine years ago construction costs made …
The Williston Herald in North Dakota reports that a local company is installing modular homes to house its employees and possibly their families. The two-story building will have four apartments per floor, and people may start to occupy the apartments in 30 days. This is the first project in Williston …
The state’s houseboat industry took a hit during the recent recession, forcing several factories to shut their once booming plants. Now, through the collaboration of the University of Kentucky School of Design, Kentucky Highlands Investment Corporation, and with a grant from the federal Appalachian Commission, Stardust Cruisers is set to …
Houseboats-to-Houses Project in Southeastern Kentucky Read More
Riverine Development, Inc. first proposed this manufactured homes project near Ann Arbor, Michigan in 2004, according to AnnArbor.com. After numerous battles involving Superior Township officials and residents, judges, the developer, state environmental quality control and the state attorney general, the outcome is still in doubt. The focus has been on …
Strong Opposition to Build 1,950-Unit Community in Michigan Read More
