Legal

Manufactured Home Project Draws Ire of Legislators, Constituents

By / November 24, 2015 / Advocacy, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Responding to a letter sent by Santa Barbara (Calif.) Mayor Helene Schneider regarding the Punta Gorda manufactured housing (MH) project, State Senator Hannah Beth-Jackson (D-Santa Barbara) and Assemblymember Das Williams (D-Carpinteria) released a statement indicating some displeasure with the project, according to noozhawk. Sen. Jackson, noting the importance of community …

Manufactured Home Project Draws Ire of Legislators, Constituents Read More

New Ordinances for MH Communities One Reading Away

By / November 22, 2015 / Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV

After five years of debate and rewriting of manufactured home standards for communities, the Laramie (Wyoming) City Council is one reading away from passing ordinances pertaining to manufactured home communities (MHC), with a final reading set for Dec. 1. They allow pre-HUD Code homes to be moved within a community, …

New Ordinances for MH Communities One Reading Away Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015

By / November 21, 2015 / Advocacy, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, RV, Stocks, Trends

What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More

Palo Alto Levying Millions on Manufactured Home Community for Closing

By / November 23, 2015 / Advocacy, Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

MHProNews published a story on October 18, 2013 reporting that the owners of California’s Buena Vista Mobile Home Park, the Jissers, were interested in selling the community of 104 homes for possibly over $30 million if their plan is approved by the city of Palo Alto, where the median home …

Palo Alto Levying Millions on Manufactured Home Community for Closing Read More

Dover Excludes Manufactured Housing but Allows Modular Homes

By / November 19, 2015 / Factory-Built Homes, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation

Following complaints that a newly-issued building permit would allow a manufactured home to be sited on property specified for single-family permanent homes, doverpost reports the Dover (Delaware) City Council agreed to amend city ordinances. While the permit will not be amended, council was asked to change the definition of “one-family …

Dover Excludes Manufactured Housing but Allows Modular Homes Read More

City Council Overrides Mayor’s Veto over Manufactured Housing

By / November 19, 2015 / Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

A proposal that adds a definition for the 19 manufactured home communities (MHC) to the city’s Comprehensive Plan, and was passed by the Spokane (WA) City Council, was vetoed by Mayor David Condon. An hour later, the council overrode his veto, as spokesman tells MHProNews. Councilman Jon Snyder, who helped …

City Council Overrides Mayor’s Veto over Manufactured Housing Read More

CA County Issues Ordinance to Ban Manufactured Home Community Closure

By / January 16, 2016 / Advocacy, Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation, RV

The San Mateo County Board of Supervisors in California adopted an temporary urgency ordinance to prevent eight manufactured home communities (MHCs) from closing or converting for the next 45 days in an attempt to keep affordable housing available in the Bay Area. The Bay Area is one of the most …

CA County Issues Ordinance to Ban Manufactured Home Community Closure Read More

New Hampshire Brothers Plan Modular Housing

By / November 17, 2015 / Business, Company News, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Modular, Zoning

Peter Morrissette, of PEM Real Estate LLC, had petitioned the Zoning Board of Adjustment in Laconia, New Hampshire for a zoning variance to allow him to use what had been St. Helena Mission Church as a storage facility. However, stiff opposition from the neighbors, and Warren Hutchins, the chairman of …

New Hampshire Brothers Plan Modular Housing Read More

UMH Properties Reports Insider Stock Sale

By / November 17, 2015 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from insidertradingreport that UMH Properties, Inc. (NYSE:UMH) director Matthew I Hirsch purchased 1,053 shares of the company, a transaction disclosed Nov. 17, 2015 to the Securities and Exchange Commission. Mr Hirsch acquired the shares at $9.50 per share for a total transaction of $9,999.99. UMH shares have …

UMH Properties Reports Insider Stock Sale Read More

AZ Supervisors send Ordinance back to P & Z

By / November 17, 2015 / Business, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, regulation

Updating a story MHProNews posted from Mohave County, Arizona Nov. 16 regarding an ordinance that would restrict manufactured homes (MH) older than seven years from unincorporated areas of the county, the Mohave County supervisors voted to send that section back to planning and zoning, and not enforce it until P&Z …

AZ Supervisors send Ordinance back to P & Z Read More

State Sues MHC Owner over Rent Arbitration

By / November 16, 2015 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

The Delaware Attorney General’s office has filed a lawsuit against Chicago-based Hometown America Communities Inc., the owner of three Delaware manufactured home communities (MHC ) for allegedly pressuring tenants into waiving their right to arbitrate rent increases, according to delaware1059. Residents at Angola Beach Estates, Rehoboth Bay and Barclay Farms …

State Sues MHC Owner over Rent Arbitration Read More

Drew Director sells 6,000 Shares

By / November 15, 2015 / Business, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV, Stocks

In a transaction dated Nov. 11, 2015, Drew Industries (NYSE:DW) Director Leigh J. Abrams sold 6,000 shares of Drew stock at $59.27 per share for a net value of $355,620.00, according to a filing with the Securities and Exchange Commission. Mr. Abrams now owns 74,506 shares valued at $4,415,970.62, according …

Drew Director sells 6,000 Shares Read More

Sunday Morning Recap-Manufactured Housing Industry News Nov. 8-Nov. 15, 2015

By / November 16, 2015 / Awards, Business, Communities, Company News, Economy, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV

What’s New in Manufactured Housing Industry Professional News $25k can apply to MH in Ala. and Long Island. Insider trading: Cavco, UMH, Sun, Drew. MH securitizer beats Zacks consensus. Ordinance allows newer homes only. Log cabin builder honored. Former Ginnie Mae head says mortgage reform unlikely. One Fed Head says …

Sunday Morning Recap-Manufactured Housing Industry News Nov. 8-Nov. 15, 2015 Read More

Ordinance Requires Manufactured Homes to be Under Seven Years

By / November 13, 2015 / Business, Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, regulation

A new ordinance requiring all manufactured homes (MH) being moved from one property to another within the county must have been produced no more than seven years from the request date for the permit, under a zoning change that takes effect in Mojave County, Arizona, Dec. 2, 2015. The previous …

Ordinance Requires Manufactured Homes to be Under Seven Years Read More

$25k Grant Available for First Time Home Buyers on Long Island

By / November 12, 2015 / Business, Finance, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

The U. S. Department of Housing and Urban Development (HUD) will provide $500,000 through the Federal HOME Investment Partnerships Program to assist first-time homebuyers in Nassau County, New York purchase a home, including manufactured homes. Eligible applicants can receive up to $25,000 for down payment/closing costs of a new or …

$25k Grant Available for First Time Home Buyers on Long Island Read More

Chicago Fed Head Seeks to Put Brakes on Rate Hike

By / November 12, 2015 / Business, Economy, Legal, Manufactured and Modular Housing News, People

Chicago Federal Reserve President Charles Evans, noting “the outlook for inflation remains too low,” said inflation does not currently have enough upward momentum to justify raising interest rates before some time next year. He added rate increases should be very gradual after the initial increase, as reuters informs MHProNews. Speaking …

Chicago Fed Head Seeks to Put Brakes on Rate Hike Read More

$25k CDBG Funds to Replace Manufactured Homes in Alabama

By / November 12, 2015 / Economy, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

Residents of Franklin County in northern Alabama may be eligible to each receive $25,000 for home repair or replacement, regardless of whether the damage was the direct result of the tornadoes that tore through the area in 2011. According to franklincountytimes, this is the second round of funding through the …

$25k CDBG Funds to Replace Manufactured Homes in Alabama Read More

Former Head of Ginnie Mae does not Envision GSE Reform Soon

By / November 11, 2015 / Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News

The former president and CEO of Ginnie Mae, Joseph Murin, said the Obama administration is not looking to recapitalize GSEs Fannie Mae and Freddie Mac, preferring to leave them as a conservatorship from which funds can be extracted as needed. Also, he does not believe reform of the government-sponsored enterprises …

Former Head of Ginnie Mae does not Envision GSE Reform Soon Read More

City Council Seeking MHC Closure Ordinance

By / November 9, 2015 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation, Zoning

The Yucaipa (California) City Council, after visiting several deteriorating manufactured home communities, is considering passing an ordinance to make it easier for community owners to convert their property to a different use. If the community owner wants to develop their property, the ordinance would give pre-approval zoning and a “mobile …

City Council Seeking MHC Closure Ordinance Read More

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