SaltLakeTribune reports about two dozen land lease community (LLC) residents attended a Capitol Hill Business and Labor Committee hearing to support legislation that calls for mediation in cases of MHC owner-resident disputes. Rep. Janice Fisher (D-West Valley City) introduced a bill that would provide for nonbinding mediation if the rent …
Utah Legislature Dealing with MHC Owner-resident Mediation Read More
MHARR (Manufactured Housing Association for Regulatory Reform) says Nov. 14, 2011, a House-Senate conference committee approved cutting HUD’s $14 million MH budget request to $6.5 million. MHARR has continually pointed out that HUD added contractors and program staff to the MH program as production declined. The report says the proposed …
The JournalSentinel reports while Republicans and Governor Scott Walker lauded the efforts of the state legislature to create jobs in their three-week session, the Democrats are skeptical of their claims. However, they did pass legislation that would allow trucks to transport larger and heavier loads, like modular homes, on the …
In a column by Bill Dunkleberg, Philly reports the Board of Governors of the Federal Reserve met with the Federal Reserve of Atlanta and the Kauffman Foundation to discuss employment. They determined while the gross domestic product (GDP) is the same as 2007, the reason unemployment is so high is …
Fed Led Conference Denotes Economic Problems, Recovery Uncertain Read More
In the SantaMariaTimes, Ron Faas, lobbyist for the Northern Santa Barbara County Manufactured Homeowners Team, says Santa Barbara (CA) County’s long-planning division has drafted a manufactured-home park closure conversion ordinance that the Board of Supervisors had requested. Noting the importance of local ordinances to assure the availability of low cost …
NationalMortgageNews reports the Senate Banking Committee wants to know why government sponsored enterprise (GSE) executives are receiving millions of dollars in bonuses while the government is keeping the mortgage giants afloat. Since the Federal Housing Finance Agency (FHFA) took over the GSEs in Sept. 2008, the FHFA has propped them …
LivingstonDaily reports from Michigan the owner of a land lease community (LLC) does not want her property master-planned as a future MHC. Renee MacRitchie, the owner of Songbird Acres, says the designation will decrease the value of her property and neighboring properties as well. According to Putnam Township Supervisor Ron …
The Lompoc Record published an opinion piece written by Ron Faas, legislative action team coordinator for the Northern Santa Barbara County Manufactured Homeowners Team in California and a resident of Sunnyhills Mobile Home Park. Excerpts from “Mobile Homeowners Face Many Issues” follow: “Manufactured-home owners are in a unique situation in …
The Birmingham News reports Section 30 of Alabama’s new immigration law requires residents of land lease communities prove they are legally in the U.S. in order to obtain a property tax decal for the factory-built home they own. Their other options are to move out of state, sell their home, …
Alabama MHCs (Mostly) Prepared for New Immigration Law Read More
The Boston Globe reports the Associated Press says, following the same action in the state senate last month, the New Hampshire House of Representatives passed a bill that prevents local communities from regulating sprinklers. Gov. John Lynch had vetoed the bill, but the House overrode his veto 266-61. The legislation …
PRNewswire states that global tax services provider Ryan reports Wisconsin’s Governor Scott Walker signed the Assembly 40 budget bill that will change certain tax laws. Included is a provision that specifically exempts manufactured and modular housing from sales tax when it is sold in Wisconsin but used beyond state borders. …
New State Law Exempts HUD and Mod Homes from Sales Tax Read More
Bloomberg reports a Washington, D.C. U.S. Court of Appeals ruling may forestall implementation of some Security and Exchange Commission’s (SEC) Dodd-Frank Act regulations, enacted over a year ago. Business groups had challenged a rule dealing with access to company board positions, and the costs associated with fending off investors’ attempts …
Federal Ruling may Setback back Dodd-Frank implementation Read More
From industry sources reporting to MHMSM.com and Housing Wire, as the Consumer Financial Protection Bureau (CFPB) opened for business July 21 with a budget estimated at $550 million, the debate in and out of Congress continues to rage over the authority one person will have over all mortgages and other …
The Birmingham News reports the House Financial Services Subcommittee unanimously passed a bill requiring all new manufactured homes to be equipped with a weather alert radio. Rep. Spencer Bachus (R-AL), chairman of the subcommittee, reminded committee members that 100 people in his district died during the April 27 tornado, although …
The Manufactured Housing Institute (MHI) reports in its weekly newsletter that Congressional Republicans are receptive to correcting measures in the Dodd-Frank Act that unfairly impact the manufactured housing industry. Democrats on the House Financial Services Committee have not been as receptive, but ranking Democrat Rep. Barney Frank (D-MA), co-author of …
MHI Gaining Congressional Support to Amend Dodd-Frank Read More
Delaware Online reports the Delaware State Senate has voted down a rent control ordinance. The bill would have required land lease community (LLC) owners to obtain approval for rent increases beyond the consumer price index increase the previous year. The approval would come from the Governor’s Advisory Council on Manufactured …
HousingWire reports the House Appropriations Committee has voted to slash funding for the new Consumer Financial Protection Bureau (CFPB) from the Federal Reserve’s requirement of $500 million to $200 million. Under the Dodd-Frank Act the agency can request another $200 million. Funded by the Federal Reserve, the CFPB will control …
According to the Hickory Daily Record in North Carolina, one of the bills awaiting signature by Governor Bev Perdue would provide for a single trip permit to transport a sixteen-foot wide manufactured or modular home, subject to rules issued by the department of transportation.
The Manufactured Housing Institute (MHI)’s weekly newsletter notes on June 16, the House Financial Services and General Government Appropriations Subcommittee approved a nearly $20 billion FY 2012 spending bill, two billion short of current levels. The bill includes provisions to limit the Dodd-Frank Wall Street Reform and Consumer Protection Act …
CNNMoney reports in an exchange between Federal Reserve Chairman Ben Bernanke and JPMorgan Chase CEO Jamie Dimon, that Dimon said the government is stifling the recovery with its reforms, including the Dodd-Frank Act (Dodd-Frank). Bernanke spoke in Atlanta at the International Monetary Conference and acknowledged the recovery is slow. Dimon …
Wall Street Banker Blames New Regulations for Slow Recovery Read More
