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State may buy Foreclosures for Affordable Housing

Although it has won praise from bankers and housing advocates, New Jersey State Senator Ray Lesniak’s bill that would allow the state to buy foreclosed homes from institutional investors to use as affordable housing passed the legislature, but was vetoed by Gov. Chris Christie in last year’s session. Another bill …

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AGs from Eight States Join Suit

American Banker informs MHProNews eight additional state attorneys general have requested to join a lawsuit originally filed by a Texas community bank and two conservative organizations challenging the constitutionality of the Dodd-Frank Act and the Consumer Financial Protection Bureau (CFPB). The suit focuses on the Orderly Liquidation Authority in Title …

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MOD Development Likely to be Denied

As follow-up to a story we posted Jan, 28, 2013 concerning an eleven-unit modular multi-housing project in Ridgefield, Conn., theridgefieldpress informs MHProNews the encroachment on existing wetlands may spell doom for the planned development. After neighbors raised objections to the project at subsequent public hearings, Ridgefield Modular Home Corp.’s application …

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After Much Speculation, MHC will go on the Block

With scattered talk off and on about the possibility of their MHC being sold or closed, the 200 residents of Easton Mobile Home Park in Easton, Mass., long at odds with owner Morgan Management, LLC, have now definitely learned Easton is for sale, according to wicked local. Following Morgan’s acquisition …

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Measures before the Texas Legislature

MHProNews has learned from the Texas Manufactured Housing Association (TMHA) of the four measures in the hopper of the Texas Legislature that could affect the factory-built housing industry. HB 578 would establish state regulatory authority over modular housing, a bill TMHA supports because of the losses modular producers have suffered …

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MHC Denied Again

MyWestTexas reports plans for a proposed manufactured housing community for Midland, Tex. have been withdrawn by Brant Greathouse, co-owner of the planned Stone Bridge Estates after learning the Midland City Council was not planning on approving the zoning change request. Council members questioned whether a C-3 commercial district is appropriate …

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Future of MHC may Hinge on Grant

IBerkshires reports the town of Williamstown, Mass. has applied for a $6.25 million Hazard Mitigation Grant to buy out Spruces Mobile Home Park, pay MHC owner Morgan Management $600,000, and remove the infrastructure so no one could live there. Bordering the Hoosic River, the area was hit hard by flooding …

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Measure will Shorten Foreclosure Time

The chicagotribune informs MHProNews Ill. Governor Pat Quinn has signed Senate Bill 16 to speed up the foreclosure process on abandoned single-family homes and multifamily buildings of less than seven units. The current average of 600 days will be shortened to 90-180 days for foreclosure. In addition, lenders will be …

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Appeals Courts Split over Rescission

As nationalmortgagenews tells MHProNews the Third Circuit U. S. Court of Appeals in Philadelphia ruled that a homeowner can file suit to rescind a mortgage past the statutory three-year limit providing they filed a notice within the three years. The Consumer Financial Protection Bureau (CFPB) filed a brief supporting the …

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Chickens Outlawed from MHC

The vernonmorningstar tells MHProNews from Lumby, BC in south central British Columbia, Canada the council has finalized a new set of zoning bylaws. One of them permits a laying hen on any lot that has a single-family dwelling zoned rural or residential, excluding manufactured home communities. (Image credit: iClipart)

Senate Bill Likely to Fail

Joe Kelly of the Iowa Manufactured Housing Association (IMHA) tells MHProNews state Senate Study Bill 1076 that tightens regulations on the MH business is opposed by the IMHA board of directors and the industry as a whole. Proposed by state Attorney General Tom Miller, the proposed legislation deals with the …

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Commission Approves Request for Siting MH

Despite pleas from a homeowner’s association representative that no more MH be allowed in the Hillcrest subdivision in Abita Springs, Louisiana, nola reports the St. Tammany Parish Zoning Commission approved a request to site a manufactured home in the subdivision. The home would be situated among other factory-built homes that …

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The CFPB as Regulatory Surgeon

According to what nationalmortgagenews tells MHProNews, Comptroller of the Currency Thomas Curry says the Consumer Financial Protection Bureau (CFPB) is the “specialist examiner” while the other three regulatory agencies are “general practitioners.” Speaking to consumer compliance examiners, he stresses the importance of regulators working together on Dodd-Frank because “Some of …

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MH Distinction Solved

Following-up on a story from this morning regarding housing statistics distinction between manufactured homes and mobile homes in Morgan County Colo., apparently an MHC closed and special dispensation was given to the residents who owned pre-HUD Code homes to relocate elsewhere in the county. fortmorgantimes news editor Dan Barker tells …

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Cordray Out the Doorway?

The MHI says the U. S. Court of Appeals for the District of Columbia district ruled the Obama administration did not have the authority to fill three recess appointments to the National Labor Relations Board (NLRB) Jan. 4, 2012. That was the same day President Obama made a recess appointment …

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On the Table: Affordable Housing Ordinance

As follow-up to a story MHProNews last published Dec. 7, 2012, centredaily reports from College Township, Penn., since residents at the Hilltop Mobile Home Park received notices the community will close this Feb., city officials are considering whether to adopt an ordinance requiring developers to include a percentage of affordable …

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Temporary Mfg. Housing to be Okay in OK?

According to enidnews, the Metropolitan Area Planning Commission (MAPC) in Enid, Okla. will consider amending the city municipal code to allow temporary workforce dormitories be sited on land now zoned industrial to meet housing needs for oil and gas field workers. Although no developers have requested the change, the city …

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Community Owner Fights City Hall and Wins

As follow up to a story we posted Dec. 4, 2012 concerning the Huntington Beach (Calif.) City Council approving a subdivision map for an MHC to become a resident-owned community, MHProNews learned that after a superior court judge charged the city council and city attorney with contempt, the city council …

Community Owner Fights City Hall and Wins Read More

City Council to MHCs: Comply or Close

The AlvinSun reports the Alvin,Texas City Council heard representatives from 23 manufactured home communities request extensions of the five-year manufactured home ordinance variance that ended Dec. 31, 2012, with requirements they have not yet met. Because of not meeting the five year ordinance deadline to begin with, most of the …

City Council to MHCs: Comply or Close Read More

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