The outlook for manufactured home sales is taking a turn for the better — at least according to two companies in the business. Summer sales were sluggish at Palm Harbor Homes in Millersburg, N.Y.; but the plant never halted production once, and sales manager John McKiernan says recent numbers are …
Green Courte Partners LLC has elevated its offer for outstanding shares of American Land Lease Inc. to $10 per unit and extended the deadline to participate in the tender offer. The real estate investment trust, which acquired the retirement community specialist this past spring, previously had agreed to a price …
Green Courte Ups Offer for American Land Lease Shares Read More
The board of directors at UMH Properties Inc., a New Jersey-based firm that owns and operates 28 manufactured home communities, has declared a cash payout of $0.18 per share for the latest quarter. The dividend is payable on Dec. 15, 2009, to shareholders of record as of Nov. 16, 2009. …
Legendary singer Neil Diamond, who has held a soft spot in his heart for the Houston area since the early days of his career, is helping the area to rebuild following the devastation wreaked by Hurricane Ike. After witnessing the destructive aftermath of the storm first-hand, the performer snapped into …
Fire fighters and safety groups advocate the use of fire sprinklers in residential houses, but homebuilders and others contend that requiring sprinklers when the nation is in a recession is too burdensome. The International Code Council recently approved a mandate, which is likely to be adopted by the states, to …
Homebuilders vs. Firefighters Over Sprinkler Rules Read More
MHI filed its comment letter with the Federal Housing Finance Agency () regarding its proposed rulemaking for Fannie Mae’s and Freddie Mac’s “duty to serve” manufactured housing, as mandated in the 2008 housing act. Among its many recommendations, the comment letter urges the FHFA to require Fannie and Freddie to …
MHI Submits Comments to FHFA Regarding Duty to Serve Underserved Markets for GSEs Read More
Responding to the nationwide economic downturn facilitated by the ongoing credit crisis; MHI joined a business coalition to send a letter to Secretary Elizabeth M. Murphy of the U.S. Securities and Exchange Commission. The organizations represent a diverse range of industries that rely on a well-functioning and liquid money market …
MHI Sends Letter to SEC to Address the Industry’s Inventory Finance Problem Read More
MHI staff has held several meetings with key U.S. Senate staff regarding S. 1660, the “Formaldehyde Standards for Composite Wood Products Act.” This legislation would require all finished wood products to comply with the California CARB standard regarding formaldehyde emissions. MHI has serious concerns with this legislation because among other …
MHI sent a letter to the Federal Reserve Board regarding a requirement that all “higher priced loans,” including personal property loans, must have escrow accounts. Click here to view the letter. As the letter points out, the lack of a unified, systematic process for the collection of taxes among local …
MHI Sends Letter to Federal Reserve Board on Escrow Issue Read More
On Wednesday, October 14, MHI staff attended a briefing for the Energy and Natural Resources Committee staff and stakeholders announcing the “New” Partnership between EPA and DOE on Energy Efficiency in Buildings and Products. The EPA and DOE will coordinate to expand and enhance the ENERGY STAR program and the …
EPA and DOE hold briefing on their “New” Partnership on Energy Efficiency Read More
Southeast Symposium II December 15-17, 2009, Forsyth, GA As a follow-up to the successful meeting of manufactured home community owners in Atlanta in August, Southeast Symposium II has been scheduled for December 15-17 in Forsyth, Georgia.
For Questions on Statistics & Data: Thayer Long, tlong@mfghome.org Arlington, VA, October 19, 2009 — The Manufactured Housing Institute’s actual shipments report indicates that 4,472 new HUD-Code homes were shipped in August 2009, down 39.3 percent from August 2008. Shipments of single-section homes were down 37.5 percent, year over year, …
4,472 Manufactured Homes Shipped in August 2009, Down 39.3 Percent from August 2008 Read More
Arlington, VA, October 2, 2009—The Manufactured Housing Institute’s actual shipments report indicates that 4,427 new HUD-Code homes were shipped in July 2009, down 36.8 percent from July 2008. Shipments of single-section homes were down 35.9 percent, year over year, while shipments of multi-section homes were down 37.3 percent. The …
4,427 Manufactured Homes Shipped In July 2009, Down 36.8 Percent From July 2008 Read More
