From Port Stephens, Australia and the Port Stephens Examiner, MHProNews.com has learned that the community of Anna Bay is set to have a 229 long-term site caravan park for manufactured homes. Local leaders recently approved the project, despite a staff recommendation to refuse it. In the first phase the community …
Of the top three companies with the highest dividend yield in the residential REIT (real estate investment trust) industry, the first and second rank are MHC owners. FinancialNewsNetwork tells MHProNews.com UMH Properties, Inc., is highest with a yield of 7.9 percent, followed closely by Sun Communities, Inc., with a dividend …
The Mount Vernon, Illinois, Zoning and Planning Commission is considering an ordinance change that restricts manufactured housing to communities, instead of conditional permit zoning. The Register-News tells MHProNews.com that Mt. Vernon City Councilman David Wood says, “We’re trying to get away from spot zoning,” Wood said. “The way the ordinance …
MHProNews.com has learned from the LosAngelesTimes the owners of the Village Trailer Park in Santa Monica want to develop the 109 home site land lease community (LLC) into a 400,000 square-foot mixed-use retail, residential, and office complex. The four acre community was saved from extinction in 2007, but the owners …
Ordering homes for a Canadian region in desperate need of housing is one thing. Getting them to the remote location is another. The first modular homes destined for the Canadian region of Attawapiskat are now about half way there. That’s according to a report from CBCNews. MHProNews.com has learned four …
Modular Homes Destined for Attawapiskat Traverse Wind, Travel on Ice Road Read More
WinnipegFreePress tells MHProNews.com members of Lake St. Martin First Nation will be moving to new temporary modular homes in mid-February northwest of Winnipeg, Manitoba, Canada. Spring flooding forced over 700 residents of Lake St. Martin from their homes, 487 of whom are living in hotels in Winnipeg. An additional 1,687 …
Frank Rolfe, CEO of MHC owner American Home Communities, LP, writes in NuWireInvestor that buying a small manufactured home community for retirement income is a feasible way to maintain a reasonable standard of living. Given that safe investments only give you a return of two percent, you need $3,000,000 in …
Following up on a story from Dec. 6, 2011, Daily-Times reports from Farmington, New Mexico, the San Juan County Commissioners passed an ordinance requiring new MHC and RV developments to have their waste systems approved by the New Mexico Environment Department (NMED). Dennis McQuillan, Liquid Waste Manager with NMED, says …
MHProNews has learned from PR Newswire that New Jersey-based UMH Properties, Inc., has acquired City View manufactured housing community in Lewiston, Pennsylvania, for $750,000. The 59 home site community is situated on 22 acres in south central PA. Samuel A. Landy, President, stated, “We are pleased to announce the acquisition …
MarketWatch reports real estate investment trust (REIT) Sun Communities, Inc., announced its board of directors declared a dividend of $0.63 a share for the fourth quarter 2011. Payable Jan. 20, 2012, Sun has 21.8 million shares outstanding. The company owns and operates 156 manufactured housing communities with 54,000 sites. The …
Following up on a story we published Nov. 14, 2011, OmahaWorld-Telegram reports the oil boom in North Dakota continues to have positive repercussions for area MH producers. The York, Nebraska, Champion Home Builders plant has doubled its production staff since summer to 150, and intends to hire another 50 early …
North Dakota Oil Boom Drawing Midwest MH Producers Read More
From the North Little Rock Times, MHProNews.com has learned that the North Little Rock City Council voted unanimously Monday to send back a proposal to pass zoning requirements to the city Planning Commission. The aldermen hit an impasse about how to govern the mobile and manufactured housing of Crystal Hill, …
From the Daytona Beach News Journal, MHPronews.com has learned that county plans to consider 1,000 or more manufactured homes alongside Old Dixie Highway north of city limits will be discussed at an upcoming end-of-year City Commission meeting. According to the report, the public will be allowed to comment about Volusia …
Florida Developers Seek to Replace Site Built Development with Manufactured Homes Read More
According to the News-Journal, a one thousand acre site in Ormond Beach, Florida, is once again rankling feathers. Turned down ten years ago as an MHC, $150,000 homes were supposed to be built, but none were. The developer has returned asking for an amendment to the agreement with Volusia County, …
NationalMortgageNews reports in the wake of the housing industry crisis, homeowners associations (HOAs) are having to rely in some cases on special assessments to make up for vacant units in foreclosure or otherwise unoccupied. Normally HOAs levy a monthly or yearly assessment to help pay for snow and trash removal, …
SantaMonicaDispatch reports the Monterey Trailer Park in Los Angeles, California, was declared a Historical Cultural Monument Landmark in 2002 by the city of Los Angeles for being “a prime example of an early 20th Century recreation and housing resource in the booming Post WWII Los Angeles area.” It was originally …
BuffaloNews reports Cattaraugus Community Action, Inc., in Cattaraugus County, New York, has received a $749,986.00 grant from the state to provide a manufactured housing assistance program. Located south of Buffalo, the funding through the Manufactured HOME Replacement Initiative II will be used to replace decrepit pre-HUD Code homes, and improve …
The KentReporter in Kent, Washington, reports as part of a project to preserve 600 units of affordable housing in King County, the Bonel Mobile Manor manufactured housing community in Kent will receive $1.53 million from the King County Housing Finance Program to renovate the community and maintain low-income housing. Located …
From Washington State and the Kent Reporter, MHProNews.com has learned that a Kent mobile home park will receive about $1.53 million from the King County Housing Finance Program to renovate the park and preserve affordable housing for low-income homeowners. Bonel Mabile Manor has 107 units, 60 of which are available …
Washington Community Receives Funds for Renovation Read More
A web site called FreedomofInfo.org is espousing the viability of manufactured home and recreational vehicle resort market. The article quotes Leon D. Meekcoms, President of Parkbridge Capital Group who says that despite dramatic economic shifts – particularly in the actual property market – RV resorts and manufactured home communities continue …
Company Says Recreational MH and RV Growing in Attractiveness Read More
