Joe Kelly, executive vice-president of the Manufactured Housing Association of Iowa (MHAI) tells MHProNews.com a bill approved by the Senate Judiciary committee would require a community owner to provide a legitimate reason for terminating a resident or refusing to renew a lease. Introduced by state attorney general Tom Miller, it …
MarketWatch informs MHProNews.com that Drew Industries, Inc., will release its Q4 2011 results Monday, Feb. 13 before the market opens, and at 11 AM eastern time that same morning host a conference call to discuss those results. Q and A session will be limited to institutional investors and analysts. Others …
HousingWire tells MHProNews.com Wednesday’s hearing before the House Financial Services Committee will feature John Bostick, Chairman of the Manufactured Housing Association for Regulatory Reform (MHARR), and president of Sunshine Homes. He will testify how HUD’s failure to implement certain provisions of the Manufactured Housing Improvement Act of 2000 has hindered …
According to the Chronicle-Express, New York’s Neighborhood and Rural Preservation Program that helps people replace aging mobile homes with energy-efficient manufactured homes may be eliminated. MHProNews.com has learned Gov. Andrew Cuomo says it will save the state $12 million. The Keuka Housing Council (KHC) in Yates County has been helping …
Yahoo! Finance tells MHProNews.com that Cavco Industries, Inc., will release its Q3 2012 earnings report Thursday, Feb 2, 2012 after the market closes. Friday, Feb. 3, 2012, senior management will host a live webcast at 11 AM eastern time to discuss those results. Headquartered in Phoenix, Arizona, Cavco is the …
MHProNews.com has learned of a program in Montana to replace pre-HUD Code mobile homes with new, Energy Star-rated manufactured homes in the Great Falls area. The Sun Prairie subdivision outside Great Falls has 240 factory-built homes, many of them older models, where NeighborWorks Montana conducted an open house displaying a …
RedBluffDailyNews of Tehema County in north central California tells MHPronews.com an ordinance passed by the Tehema County Supervisors requires all manufactured homes produced after Jan. 1 to have a sprinkler system installed. The measure does not apply to existing manufactured homes. The ordinance also applies to multifamily homes with two …
MHProNews.com has learned that manufactured housing will be part of the Whitehouse Cove marina development project in Poquoson, Virginia, just north of Newport News on the Chesapeake Bay. Robert Brown and Associates had initially proposed building condominiums with the full service marina and the restaurant, but complications about setbacks and …
FinancialNewsNetwork has informed MHProNews.com that two of the three top residential real estate investment trusts (REITs) that have the highest dividend yield in the industry are MHC owners. UMH is number one with a dividend yield of 7.9 percent. UMH has a portfolio of 39 manufactured home communities in New …
Two MHCs Rank First and Second in Dividend Yield Among Residential REITs Read More
SantaFeNewMexican tells MHProNews.com real estate developer Jeff Branch wants to turn his 40 acre tract on the southwest side of Santa Fe, New Mexico, into a manufactured home community. He purchased the property in 2006 and received approval for 222 site-built homes from the city but has been unable to …
Reuters informs MHProNews.com that real estate investment trust (REIT) Sun Communities, Inc. (NYSE:SUI) of Southfield, Michigan will release its fourth quarter 2011 earnings statement on Thursday, Feb. 23, 2012 before the market opens. At 11 AM that same morning a conference call will be held to discuss the earnings statement. …
CTV in Winnipeg, Manitoba, Canada tells MHProNews.com that people displaced by the flooding of Lake Manitoba eight months ago are finally getting a more permanent place to live. Manitoba Housing has brought in 15 modular homes to house flood victims in St. Laurent on the southeastern edge of the lake. …
CapeCodTimes tells MHProNews.com a couple in South Yarmouth, Massachusetts, purchased a modular home from a company in Pennsylvania and allege that it was fraught with manufacturing defects. Upon receiving delivery of the home and noticing problems, they contacted the Massachusetts Department of Safety who ordered the house gutted to evaluate …
Modular Home Construction Compliance Found Lacking Read More
Easton, MA is poised to join six other southeastern MA communities by instituting rent controls in MHCs. By-laws that regulate rents, evictions, and minimum standards of operation are under the auspices of a town-appointed board. Boston tells MHProNews.com a 1994 referendum in MA eliminated most forms of rent control, but …
Common Denominator for Six Massachusetts Towns May Soon Include Seventh Read More
As follow-up to an article we wrote Jan. 16, 2012 about a revived proposal shelved ten years ago to develop an MH community in Ormond Beach, Florida, the Volusia County Council approved plans for the community Jan. 19. OrlandoSentinel tells MHProNews.com the area, near the “Loop”, is a scenic route …
TimesReporter tells MHProNews.com Tuscawaras County (Ohio) Treasurer Jeff Mamarella says all manufactured home tax bills for the first half of 2012 have been mailed and are due March 1, 2012. It is the responsibility of owners of manufactured homes to pay taxes and penalties even if they do not receive …
A report from Homeland Security Department (HSD) office of inspector general (OIG) says a 2006 congressionally mandated program to quickly develop housing for victims of Hurricane Katrina was doomed from the start. FierceHomelandSecurity tells MHProNews.com the $400 million Alternative Housing Pilot Program was to design an alternative to typical Federal …
Following up on a story we published Dec. 2, 2011 concerning state felony theft charges against Jo Leigh Ares for allegedly receiving deposits on manufactured homes that were not delivered, MHProNews has learned her Park Girl Sales LLC has filed for bankruptcy. The petition, filed in the U.S. Bankruptcy Court …
Park Girl, Facing Fraud Allegations, Files Bankruptcy Read More
MhproNews has learned from the Register-News in Mt. Vernon, Illinois, the Mt Vernon City Council is set to approve a ban on mobile homes outside MHCs. Pre-existing manufactured homes outside designated areas would be grandfathered in, as long as they are not moved, according to city manager Ron Neibert. Zoning …
Southern IL City Likely to Limit MH to Communities Read More
From Hoover’s Bizmology comes an article about the North Dakota Oil boom and a related spike in manufactured hosuing shipments. Writer James Bryant says in the article that the oil boom in the Bakken shale formation in North Dakota has manufactured home companies scrambling to meet demand. The recent declines …
