Anchorage, Alaska’s comprehensive plan recognizes manufactured housing as an affordable option, but Anchorage 2020, as it’s called, does not protect manufactured housing communities (MHCs) from redevelopment, resulting in the loss of nearly 500 housing units since 2000. The replacement dwellings are less dense, and with the slowdown in production of …
UMH Properties, Inc. reports total income for the first quarter of 2014 rose to $15,849,000 from $13,426,000 for the same period of 2013, resulting in income of $6,559,000 in 2014 over $5,695,000 in 2013, according to marketwatch.com. Based in Freehold, New Jersey, the company reports core funds from operations attributable …
UMH Properties Reports Income Increase for First Quarter 2014 Read More
Writing in the Opinionator section of The New York Times, Andrea Levere says 18 million people with an average median income of $30,000 live in factory-built housing, making it the largest source of unsubsidized affordable housing in the U. S. Although over 70 percent own their own homes, most who …
New York Measure Seeks Financing Parity for MH and Site-built Read More
Following a story MHProNews last posted May 5, 2014 regarding ongoing problems at Meadowbrook Park manufactured housing community (MHC) in Richmond, Maine, the state’s Manufactured Housing Board (MHB) unanimously voted to revoke the license of owner Russ Edwards after chastising him for poor management of the community going back to …
License to Operate Manufactured Housing Community Revoked Read More
The city council of Hayward, California has approved a new measure regarding the closure of manufactured home communities (MHC), according to contracostatimes.com. The new guidelines would require the owner to pay the full relocation costs of the home, including installation expenses, lodging during the move, as well as first and …
City Imposes Stiff Measures on Closing a Manufactured Home Community Read More
In January 2014, interim managers at Lexington, Washington’s Tim Wa Estates manufactured home community (MHC) banned a group of residents, called Helping Hands, from assisting elderly and ailing neighbors with household chores and minor repairs, citing the community’s anti-soliciting rules. MHProNews.com has learned from tdn.com in April, managers began requiring …
Managers Removed from Tim Wa Estates MHC in Washington Read More
Specializing in modular units for industry, business, education and health facilities, Ellis Modular is now pursuing federal contracts through the General Services Administration. “The opportunity to service government accounts opens up significantly more markets throughout the region as our goal continues to be to expand our modular solutions business,” states …
Property transfers from Salem, Ohio reveal a manufactured home with ten acres on Foundry Hill Road was sold by Marcia Griffith to Corey Griffith for $37,747, according to salemnews.net. A manufactured home on a lot on Dunn Road was sold to David and Thelma Gabbert by John Gamble, Jr. for …
Updating a story we last posted May 1, 2014 regarding the temporary closing of Meadowbrook Park manufactured housing community due to water and sewage problems in Richmond, Maine, MHProNews.com has learned owner Russ Edwards claims he has no income from the community and could not afford repairs. He alleges former …
Manufactured Housing Board may Impose Sanctions, Fines for Septic Leak Read More
According to wilmingtonbiz.com in North Carolina, Charlotte-based Properties of Assurance LLC has closed on its acquisition of two manufactured housing communities in the Wilmington, NC area. Bavarian Pointe, a 22-homesite community and 48-homesite Carolina Pines were purchased from Freedom Property Investors LLC for an undisclosed price. MHProNews.com has learned the …
Next Step Homes is the factory-built home distribution channel for parent company Next Step Network, which mobilizes nonprofit resources to provide affordable and ENERGY STAR homes for low income residents across the nation. Next Step couples its 25 nonprofit community housing development organizations with heavy hitters in the factory-built housing …
Private, Public Alliance Provides Efficient Factory-built Homes to Low Income Americans Read More
Mission Trails Mobile Home Park in San Antonio, Texas may be closed to make way for a $75 million luxury riverfront apartment development, displacing some 200 residents who complain they discovered by accident about the possible sale and rezoning of their community when a resident happened to spot a rezoning …
Updating a story MHProNews.com last reported on March 25, 2014 regarding the Life O’Riley Mobile Home Park in Lansing, Michigan condemned because of unsanitary conditions, State Representative Andy Schor introduced Bill 5513 to give local leaders more clout in dealing with problems at manufactured housing communities (MHCs). Lansing city officials …
Measure would Empower Local Officials over Land Lease Communities Read More
The Cottonport (Louisiana) Town Council is being asked to change the ordinance that governs the distance between a manufactured home (MH) and the property line, according to avoyellestoday.com. Keith Ducote says more people are buying multi-section homes and the current ordinance should be changed from 25 feet to 20 feet …
Change Requested for Siting Multi-section Manufactured Homes Read More
Updating a story MHProNews.com last posted April 25, 2014 concerning an MHC in Richmond, Maine that was ordered closed due to water and sewer problems because owner Russell Edwards allegedly said he could not afford repairs, residents now want to buy the community. According to wmtw.com, while Edwards is scheduled …
In its first quarter, 2014 financials, manufactured housing community (MHC) owner Sun Communities, Inc. (SUI) reports funds from operations (FFO) of $38.3 million versus $31.7 million for the first quarter, 2013. Net income attributable to common stockholders in Q1 2014 was $7.8 million versus $5.7 million for the same period …
Sun Communities Releases 1st Quarter 2014 Financials Read More
Sam Zell, chairman of Equity LifeStyle Properties (ELS) and Equity Residential (EQR), says homeownership may continue to fall as low as 55 percent because so many Americans are postponing marriage and having children. According to Census Bureau data, the homeownership rate dropped from 65.2 percent in Q4 2013 to 64.8 …
Tim Mander, Minister for Housing and Public Works of Queensland, Australia, attended forums at two manufactured home communities (MHCs) to discuss the Newman government’s review of the Manufactured Homes Act 2003 and the Retirement Villages Act 1999. Member of Parliament (MP) Andrew Powell hosted Mr. Mander at Maleny Grove Retirement …
Aussie Housing Minister Addresses MH Community Residents Read More
Following a story we first posted Feb. 20, 2014, regarding plans for expansion, MHProNews.com has learned that Ashland Holdings, LLC of Wildwood, Florida has completed the renovation of its Great Plains Holdings Headquarters, which will also alleviate the $12,000 annual storage expense for its sister company, Lil Mark, Inc. In …
Ashland Expanding into Land Lease Community Ownership Read More
North of the border in Saskatoon, in Central Saskatchewan, Canada, 27 modular homes built in 2010 by Lethbridge’s Triple M Housing are alleged to virtually all have water problems—either leaky basements, roofs, or windows, sometimes more than one. Having changed its name to Vantage Developments, the company says the warranties …
