MHProNews has learned from radionz.co.nz that the New Zealand government is contemplating building modular homes to meet the shortage of low-income housing in Auckland. Affordable Housing Minister Mrs. Paula Bennett said plans call for an initial round of 130-150 modular homes to determine if they meet the need. Housing New …
New Zealand Considering Modular Homes to Meet Housing Shortage Read More
In the news from CNNMoney: When Congressmen demonstrated for gun control legislation on House floor, congressional leadership turned off C-SPAN cameras. Donald Trump says the whole economy is “rigged”. Rio gets huge Brazil bailout weeks before the Olympics. Ultrasonic dryer can dry your clothes in half the time. Eleven million …
MHCV Closes up Just Under 1400; Dow, NASDAQ and S&P all Edge Down Read More
Following concerns expressed by manufactured home community (MHC) residents in Arcata, California regarding rising site rents, the Arcata City Council directed the Community Development Department to take a demographic survey of MHC residents as well as the history of rents. As times-standard tells MHProNews, Community Development Department specialist Mohamad Alnakhlawi …
Arcata, CA Residents Concerned about Rents in MH Community Read More
Updating a story MHProNews last posted Aug. 28, 2015 regarding the closing of the Life O’ Riley manufactured home community (MHC) in Lansing, Michigan in 2014 after it was condemned, and subsequent forced removal of the residents because of unsanitary conditions, the MHC faced a deadline of June 18, 2016 …
Condemned Michigan MH Community Misses Deadline, Faces Demolition Read More
In the news from CNNMoney: America’s upper middle class is thriving. Boeing deal will send 100 new jetliners to Iran. California faces summer blackout risk amid gas shortage. Voters trust Tumrp over Clinton on economy. Moody’s says Trump’s plan would cost 3.5 million jobs. Walmart buys stake in Chinese online …
A subsidiary of Universal Forest Products, Inc. (NASDAQ:UFPI) is acquiring Idaho Western, Inc., a Nampa, ID distributor of products for the manufactured home (MH) and recreational vehicle (RV) industries as well as for building materials retailers. UFPI’s Caldwell, ID facility, which also supplies wood and wood products to the MH …
According to the 2016 U. S. Housing Forum report from Fitch Ratings, the housing market’s current upswing should last for two more years, as reported by nationalmortgagenews to MHProNews. Using single-family starts as a proxy for overall housing metrics, and calculating that single-family starts have risen in five of the …
Housing Market has more Room for Expansion: Fitch Ratings Read More
MHProNews has learned from prnewswire that Elkhart-Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has completed the acquisition of Mishawaka Sheet Metal, LLC (MSM), also based in Elkhart for approximately $14 million. With revenues in 2015 of $28 million, MSM produces and distributes an array of aluminum and steel products for the recreational …
In the news from CNNMoney: Dow rallies as Brexit fears ease. NBA finals game 7 biggest in 18 years. India opens its door to Apple stores. The next president will likely face a recession. Resilient U. S. oil companies start pumping again. The latest benefits trend survey from the Society …
In response to the Department of Energy’s proposed rules on energy standards for manufactured housing in the Federal Register, the Manufactured Housing Institute (MHI) says it worked closely with the DOE to try and avoid excessive costs to consumers that will outweigh benefits. The DOE based their recommendations on the …
MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards Read More
Drew Industries, Inc. (NYSE:DW) stock has risen 38.04% since November 9, 2015, outperforming the S&P 500 by 38.39%. as franklinindependent informs MHProNews. SG Capital Management decreased stake in Drew by 33.53 percent based upon filing with SEC. Ken Grossman’s hedge fund held 215,042 shares of Drew at the end of …
In the news from CNNMoney: Uber giving free rides this week to LGBTQ centers this weekend. Columbia sheds cocaine Capital of the world image. Oil by rail shipments up 1,500% since 2010. Shares of cereal maker Kellogg are up five percent. HSBC pays $1.6 billion to end 14-year legal battle. …
A bill that passed in the New York State Senate, sponsored by Sen. Betty Little (R-Queensberry), would fund a home replacement program for qualifying state residents who have older, dilapidated mobile and manufactured homes, and own the property. The replacement units would be new, affordable energy-efficient units, according to adirondackdailyenterprise, …
Measure would Replace Dilapidated Manufactured Homes in NY Read More
Updating a story MHProNews last posted May 4, 2016 regarding the repurposing of Lowry Grove manufactured home community (MHC) by a new owner in St. Anthony, Minn., the mostly Hispanic residents, since learning in April the MHC was being sold for $6 million, vowed to block the sale, which would …
MH Community Residents Going to Court to Resist Relocation Read More
Yarrawonga Manufactured Housing (YMH) in Australia has been awarded a $1.1 million ($813,828 USD) federal grant to build a manufactured housing facility in Mulwala in New South Wales, Australia that will eventually employ 30 people when the project is complete, likely not for five years. As bordermail.com.au tells MHProNews, the …
Aussies get Grant to Build more Manufactured Homes Read More
In the news from CNNMoney: Hacker is fighting ISIS with porn. Philadelphia City Council adds a $1.5 cent tax per ounce on sugar-added and artificially-sweetened soft drinks, adding a little more than a dollar on a six pack or two-liter bottle. Video game helps people grieve. Iran’s oil exports triple …
Skyline Corp. Gains +3.26%; Smith & Wesson Gun Sales up 22% Read More
Saying people have forgotten President Reagan’s line: “The government is not the solution, it is the problem.” The larger the government grows, the slower the economic growth, writes Richard W. Rahn in washingtontimes. The article MHProNews posted June 9, 2016 reports Donald Trump promises to end Dodd-Frank and its chokehold …
As Government Grows, Regulations Impose, the Economy Slows Read More
Although the Department of Housing and Urban Development Secretary Julian Castro called manufactured housing a “vital solution” to the nation’s “affordable housing crisis,” the federal manufactured housing program for forty years has been one set of wasted opportunities after another, according to M. Mark Weiss, president and CEO of the …
MHARR’S Mark Weiss says Happy Anniversary HUD Code?? Read More
Following the bankruptcy of modular builder M Space in late May, Gordon Brothers Group will begin the immediate disposition of assets of the company, including 2,400 floors of custom built modular buildings and complexes, as prnewswire informs MHProNews.. Headquartered in Park City, Utah, M Space provided modular buildings for education, …
In the news from CNNMoney: Ailing sportscaster Craig Sager will work his first NBA finals game Fri. night for the sixth game between Golden State and Cleveland. Air traffic controller shortage could result in more travel delays. Bank of America has 23 percent fewer branches than in 2009. At the …
