Factory-Built Homes

Portable Modular Homes: A Solution to Teeming India’s Housing Woes?

Anisha S., 15, a student at Delhi Public School, East, was drawing homes built with blocks, as in Lego-type blocks. She was participating in Arun Swaminathan’s Designuru workshop on building modular homes that could later be disassembled and moved. The process does not require much space or skilled manpower, and …

Portable Modular Homes: A Solution to Teeming India’s Housing Woes? Read More

Local and State Regulations cover Tiny Homes, not HUD

A proposed federal regulatory change could conceivably prevent tiny-home dwellers from living in their homes, which they say is an example of the government telling them how they can live, reports cleveland to MHProNews. As of last week, HUD had received 4,000 letters from angry supporters of the homes, which …

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Fifty-six Room Modular Apartment Rises in Six Months

The blogger for modularhomecoach has high praise for Simplex Homes of Scranton, Penn., builder of modular homes and commercial buildings, saying they do exceptional work. The Morris Plains Housing Authority in Morris Plains, NJ chose Simplex to build the 87 modules     for the 56-room apartment complex with Del-Santo …

Fifty-six Room Modular Apartment Rises in Six Months Read More

Red Sea Housing Acquires Malaysia’s AM Modular

MHProNews has learned from thenational.ae that Saudi Arabia’s Red Sea Housing Services Co., which provides temporary and permanent modular housing to companies involved in the mining, oil and gas industries working in remote locations, has acquired Malaysia’s AM Modular for $7 million. Red Sea, which will pay $3 million in …

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Affordable Multihousing Developer Set to Build Modular Workforce Housing

There is a huge focus on encouraging Millennials—who are mostly single– to come out of their parents’ basements and buy a house or at least rent an apartment, even a “micro unit,” or some form of communal living, as we are underserved by affordable housing, especially in large urban, coastal …

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Modular Habitat for Humanity Home Built by Niagara College Students

After braving the elements in building the last ten Habitat for Humanity homes in Welland, Ontario, Canada, the 70 students and staff at Niagara College worked inside to build their 11th home, a modular one broken down into five sections for delivery purposes, and destined for a family who fled …

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Hedge Funds Hungry for Cavco; Stock has Doubled in 2.5 Years

According to its most recent 13F filing with the Securities and Exchange Commission (SEC), Capital World Investors owned 204,000 shares of manufactured and modular builder Cavco Industries, Inc. (NYSE:CVCO), as of Q4 2015 with a value of $16,995,000, according to financialmarketnews. Another hedge fund, Numeric Investors LLC purchased 208,879 shares …

Hedge Funds Hungry for Cavco; Stock has Doubled in 2.5 Years Read More

Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016

What’s New in public focused Manufactured HomeLivingNews.com Realtors and Builders Warm Up to the Wonders of Manufactured Housing What’s New in Manufactured Housing Industry Professional News MA town wants exemption from state’s 40B ruling. Sun Communities to expand King’s Court MHC. Fannie Mae funds $5MM refi of MHC. New MHProNews …

Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016 Read More

Modular Home Development may Result from a Housing Incentive Program

Following an unanimous vote by the Village Board of Trustees, Mayor Trevor Bissey of Clay City, Illinois announced the Clay City Residential Housing Incentive Program (RHIP), which will enable owners and developers wanting to build new homes or site modular homes in the Village, to utilize several property and sales …

Modular Home Development may Result from a Housing Incentive Program Read More

Hedge Funders Actively Trading in Cavco Stock

MHProNews has learned from sussexpilot that Robotti Robert sold 6,025 shares of Cavco Industries, Inc. (CVCO), according to the most recent filing, and now holds 180,427 shares valued at $16.2 million. Cavco now comprises 6.77 percent of Robotti’s portfolio. Other hedge funds reported trading in Cavco stock include Parametric Portfolio …

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Manufactured Home Community may Expand to Increase Affordable Housing

Several possibilities are being bandied about in an attempt to increase affordable housing in the middle Roaring Fork Valley around Basalt, Colorado, just northwest of Aspen. One project that complies with Basalt’s affordable housing requirements envisions 60 small single-family homes and 96 multi-family units in four separate buildings. Meanwhile, the …

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Modular Container Homes Proposed for Homeless in BC Canada

A new Kelowna, British Columbia, Canada company intends to capitalize on the housing shortage in this city east of Vancouver by converting shipping containers into homes, as globalnews.ca tells MHProNews. Honomobo owner Devon Siebenga said his homes will range in size from 320 to 649 square feet, by combining up …

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Three Week Construction Time for Modular Homes in UK

Vanbrugh Construction in Wolverhampton, in the West Midlands area of the United Kingdom, hopes to obtain contracts to build more steel-framed modular housing as it nears receiving Local Authority Building Control for its system. Four years into building modular housing, the company’s latest project is two three-bedroom homes in Wessex …

Three Week Construction Time for Modular Homes in UK Read More

Modular Builder Zeta Closes Facility

As MHProNews last reported March 10, 2016, Zeta Communities of Sacramento, Calif. was partnering with non-profit BRIDGE to build an affordable modular apartment building in San Leandro, the first of its kind in the Bay Area. The apartments were set to be available to people who earn half of the …

Modular Builder Zeta Closes Facility Read More

Sunday Morning Recap-Manufactured Housing Industry News March 20-March 27, 2016

What’s New in public focused Manufactured HomeLivingNews.com What Others Say about Sunshine Homes, Manufactured/Modular Homebuilder Tragedy and Triumph – Widow shares her Celebration of Manufactured Home What’s New in Manufactured Housing Industry Professional News Tunica was tremendous, say attendees. Proposal would merge Fannie, Freddie. MHC to receive free wastewater system. …

Sunday Morning Recap-Manufactured Housing Industry News March 20-March 27, 2016 Read More

Modular Home Re-development Approved for the Florida Keys

The proposed redevelopment of eight modular homes in Marathon, Fla. in the Keys, was unanimously approved by the Marathon Planning Commission despite vigorous protest from a neighbor, as keysnet tells MHProNews. Melody Aldacosta, who has lived in Marathon 71 years, will have to share part of her driveway with people …

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For Profit Hires Ex-Cons to Build Modular Homes

An ex-offender who served time for mail fraud is now hiring other former inmates for positions in ten different start-ups, including one, Work Pittsburgh, that is building modular homes in the Pittsburgh area. Daniel Bull founded Zero Six Eight as a for-profit incubator with one distinct qualification: you have to …

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Deer Valley Stock Worth the Risk

Writing in seekingalpha, Brian Grosso tells MHProNews Deer Valley Corp. (OTCQX:DVLY) common stock is undervalued and may be a good investment because the stock is trading so low for no apparent reason. The company survived the disastrous downturn following the housing bubble, during which a number of manufactured and modular …

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Sunday Morning Recap-Manufactured Housing Industry News March 13-March 20, 2016

What’s New in public focused Manufactured HomeLivingNews.com Surprising Solution, Roadblocks to U.S. Affordable Housing Crisis What’s New in Manufactured Housing Industry Professional News Manufactured home communities sell in VA, FL and MN. MHI insists GSEs make individual chattel loans. Letter to editor compliments MH. Community fined for violating Fair Housing …

Sunday Morning Recap-Manufactured Housing Industry News March 13-March 20, 2016 Read More

Greenfab Opens New Factory

  Builder of eco-friendly, sustainable modular homes, Geenfab announced it has completed its new factory in Washington state in anticipation of reaching a broader market in the West and beyond. Founder Johnny Hartsfield said the new facility will help the company expand production and services to clients. “We continue to focus …

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