A new bill introduced to the U.S. House of Representatives by Rep. Keith Ellison (D-Minn.), would provide a federal tax incentive for manufactured home community owners who are looking to sell the community, with a catch. That incentive will occur only if they sell their community to residents or to …
It’s been less than two weeks since the Daily Business News reported on Legal & General’s (L&G) announcement that they were entering the modular housing industry in the United Kingdom. L&G, which has ties to U.S. based Cavco Industries, is a giant insurance-focused company that has been advocating for the …
Freestone Capital Management, an investing firm based in Seattle, WA, has spent the last decade working their way into becoming one of the larger owners of manufactured home communities in the United States. Now they are setting their sights on becoming even bigger. And perhaps, going public. It all started …
Barron’s – Will Freestone Capital Become Next Public Manufactured Home Community Operator? Read More
When the Great Recession hit and unemployment was at its peak, the Obama Administration gave states the ability to waive working requirements for individuals without dependents looking to receive assistance from the Supplemental Nutrition Assistance Program (SNAP), also commonly known as “food stamps.” That move was never designed to be …
Food Stamp Enrollment Down, Employment Up and Industry Opportunities Growing Read More
Residents of a manufactured home community in Santa Clarita, California are upset about the new view of a hillside in their backyards that was once covered with wildlife, and more upset realizing there may be little they can do about it. The owner of Canyon View Estates, Kerry Seidenglanz, said …
View of Wildlife Changing for Residents of Manufactured Home Community Read More
The New June 2017 articles on the MHProNews.com home page are live, with the full line up on display at this link here. If you’ve been super busy, traveling, have been on vacation, or are new to the Daily Business News on MHProNews, welcome to our weekly recap of the Manufactured Housing Industry’s “News, Tips …
Sunday Morning Weekly Recap Manufactured Housing Industry News June 18 to June 25, 2017 Read More
Similar to re-purposing pressures in urban areas in the United States, our manufactured housing neighbors north of the border are facing redevelopment issues that threaten to uproot them from long-standing manufactured home communities. Vancouver, British Columbia is home to approximately 1,000 manufactured home communities, according to the Manufactured Home Park …
Huge Loss to Affordable Housing Stock May Be in Offing Read More
The Chicago Tribune reported earlier this month on a suspicious fire in an Oak Lawn manufactured home community. Two deaths were reported. When law enforcement ruled the matter an alleged case of arson, it made the deaths apparent murders. “Are there murderers here?” – resident Mary Grochola said, per the Tribune, “A …
Fearful Residents Ask, “Are There Murderers Living Here?” Read More
Datacomp, publisher of the JLT Market Reports, announced their June 2017 manufactured home community occupancy and rent surveys covering 7 markets in Iowa, Nebraska, South Carolina and Virginia. JLT Market Reports have been providing manufactured home community market analysis for more than 20 years, says Datacomp in a release to …
Europeans, Asians, Canadians and others world-wide are among those who come to the U.S. – and/or research online – about the differences and similarities between their version of factory crafted housing with what is found here in the United States. That same exercise is useful in reverse. It’s helpful to …
Michael Geller, Making a Home for Manufactured Housing, a Vision for America Read More
“Congratulations to all the Members of Morning Star. A job well done by you and NeighborWorks Montana! Welcome to the ROC USA family of 202 Resident-Owned Communities,” reads the post on the ROC USA Facebook page. The Daily Interlake reports that Kalispell, Montana’s Morning Star community has closed on their resident-ownership …
Governor Abbott has just signed SB 1248 into law. The bill, per the Texas Manufactured Housing Association (TMHA) is dubbed the “Right to Replace.” SB 1248 will go into effect September 1, 2017. TMHA tells MHProNews that “SB 1248 is the bill that preserves a manufactured home community owners’ right to replace …
Sophia is one of many stories that the Drudge Report is tracking about the rapid advance of AI – artificial intelligence and advancing robotics. Sophia can tilt her head, furrow her brow and converse with you in convincing ways. Phys states that up to 85 percent of current jobs could …
Meet Sophia, AI Robot Wants Your Job, Says “Trust Us” Read More
Fairborn, Ohio, City Manager Rob Anderson said they were not the heartless people that a letter, which he pointed to, made them out to be. But that’s not how Glenn Acres resident Pat Collins sees it. “No trailer park [sic] that I’ve ever talked to will take a trailer that’s more …
Residents Bought Time, But City Still Taking Aim at Their Location, Video Read More
Bullet headlines from CNN Money: · U.S. and Mexico dodge trade war over sugar. · U.S. has record 6 million job openings. · Betsy DeVos: Student loan debt is ‘of grave concern’. · Oil lobby met with interior secretary at Trump hotel. · Anthem pulls out of Obamacare in Ohio …
Community Stocks Taking Hits, Patrick, LCI Roar, MHCV Slides Read More
Bullets from CNNMoney – Is the unemployment rate too low? 400 coal mining jobs created in May. The bond market is nervous about jobs. Malls are doomed: 25% will be gone in 5 years Updates per Fox Business – Tech leads Wall St higher. U.S. stocks closed at record levels …
Robotti Dumps Cavco Shares, Still Rises; Sky, UMH Surge with Markets Read More
People – sadly, often including those in media – may lie, mislead, or spin. The great thing about numbers is that they simply are. Facts still matter. A high-ranking official at ELS told MHProNews that they believed in getting the word out; bad news, get it out. Good news, get …
In the state of Vermont, a critical utility is working to make life easier for manufactured home owners to save money. According to Vermont Biz, Vermont Gas is now making it easier for homeowners to save money and reduce their energy needs with their new Manufactured Home Pilot Program. The …
In a saga that the Daily Business News has followed closely, the battle in Ohio to keep the Ohio Manufactured Homes Commission (OMHC) alive and independent has drawn a well-known name into the fray… but, are they the pot calling the kettle black? The saga began when the Ohio Fire …
Liar! MHI report calls Gov. John Kasich, Allies Liars Read More
In a Washington State community, NIMBY is raising its head. According to the Sequim Gazette, a proposed gated 55 and over manufactured home community, is drawing the ire of Carlsborg residents. The group, which cites environmental and traffic impacts, says that it has collected 163 signatures on a petition, hoping …
Proposed Manufactured Home Community Faces Hurdles Read More
