The Falkville Town Council in Alabama held a public hearing concerning changing the zoning ordinance for manufactured homes (MH) to allow subdivisions of MH in new areas zoned MH-S, according to hartselleenquirer.com. The ordinance will continue to allow manufactured homes in residential R-1 and R-2 or agricultural zones AG-1 on …
Alabama Town Attracting Manufactured Home Subdivisions Read More
The winner of Clayton Homes’ Enjoy Life Sweepstakes will receive two tickets to Super Bowl XLIX in Arizona Feb. 1, 2015, including air fare and a four-day, three-night stay in a hotel. To be eligible you must enter by noon, Sept. 30, according to nassualivenews.com. The second prize is a …
Super Bowl Tix are Top Prize in Clayton Sweepstakes Read More
According to CNNMoney.com, 40 million Americans now have student loan debt, reports credit bureau Experian, an increase from 28 million in 2008; and the amount of debt has risen from $23,000 to $28,000 during that same period. Total student loan debt now stands at $1.2 trillion, an all-time high and …
Rising Student Loan Debt—Pathway to Manufactured Housing? Read More
National Association of Home Builders Chairman Kevin Kelly commends the House of Representatives for passing legislation championed by Rep. Steve Southerland (R-Fla) that curtails the reach of the U. S. Army Corps of Engineers and the Environmental Protection Agency (EPA) over waters of the U. S. Specifically, HR 5078, the …
House Passes Legislation Limiting EPA and Corps Intrusion onto Buildable Land Read More
Halifax, Nova Scotia, Canada-based Killam Properties, Inc. (KMP.TO) announces it is acquiring a 50 percent stake in a 152-unit apartment building in Ottawa, Ontario, called Kanata Lakes Apartments II, in a joint venture with affiliates of KingSett Capital, Inc. and AIMCo Realty Investors LP. Killam’s 50 percent share of the …
Canada’s MHC Owner Killam Acquires Interest in Apartments Read More
The board of directors of Equity LifeStyle Properties, Inc. (NYSE:ELS) declared a quarterly dividend of $0.325 per common share, representing an annual dividend of $1.30 per share, according to wallstreetscope.com. The dividend will be paid Oct. 10, 2014 to shareholders of record on Sept. 26, 2014. In today’s trading, Sept. …
Equity LifeStyle Properties Board Declares Dividend Read More
According to Harvard University’s Joint Center on Housing, the nation is poorly prepared to house aging Baby Boomers, especially those disabled. An added problem is one-third of those aged 50 and older spend more than 30 percent of their income on housing; some boomers who still have a mortgage on …
PayNearMe and ManageAmerica are partnering to allow manufactured housing residents pay their rent and other housing costs with cash at a network of 17,000 convenience stores nationwide, according to marketwatch.com. The funds are immediately guaranteed to management, the resident receives a receipt, and the transaction takes under a minute, like …
7-Eleven and Family Dollar to take MHC Resident Rent Read More
The Michigan Manufactured Housing and Recreation Vehicles and Campgrounds Association (MMHA) announces their new board of directors for 2014-2015, as sys-con.com informs MHProNews. President — Jim Hoekstra, Sun Communities Vice President — Don Westphal, Donald C. Westphal Associates Secretary — Andy Blank, Franklin Companies Treasurer — Steve Francis, Rudgate/Infinity Billing …
Michigan MH Association Chooses Sun’s Jim Hoekstra Read More
With half a million manufactured homes in the northwest, and over 200,000 in Washington state, an energy efficient manufactured home prototype funded by Puget Sound Energy (PSE), Habitat for Humanity Seattle-King County, and Bonneville Power Administration (BPA) could help northwest utilities meet future energy conservation goals. The home, built for …
Energy Efficient Manufactured Home could Save Thousands Annually Read More
Updating a story MHProNews posted Sept. 3 regarding the increase in production of manufactured homes for July, 2014 over the previous July, the Manufactured Housing Institute (MHI) adds that 8,554 floors were shipped in July, an increase of 14.6 percent over July 2013. The seasonally adjusted annual rate (SAAR) of …
July Floors Rise; Plants and Producers Hold Steady in June Read More
Elkhart, Indiana-based Patrick Industries Inc. (PATK) is acquiring PolyDyn3, LLC, a producer of simulated stone and wood products for the recreational vehicle (RV) market, for $1.3 million. Also based in Elkhart, PolyDyn will be operated on a stand-alone basis in its current facility, according to rvbusiness.com. The interior and exterior …
MH Component Supplier Patrick Acquires RV Component Maker PolyDyn3 Read More
The Wisconsin Housing Alliance reports the production of off-site built homes is down this year, especially for modular homes, which suffered a drop of ten percent in 2013 over 2012. As biz-times.com tells MHProNews, production in 2004 was almost 700 percent higher. Pittsville Homes closed this summer after 40 years …
Manufactured Housing Growing, Modular Home Production Slipping in Wisconsin Read More
Noting the current housing market scenario is not meeting expectations most analysts predicted a year ago, Mortgage Bankers Association (MBA) CEO and President David Stevens says the changing demographic in the U. S. is going to require changes in the home financing market. “If you look at existing housing stock …
MBA’s David Stevens: Home Ownership Financing must Change Read More
According to the Manufactured Housing Institute (MHI), before leaving for the August Recess, the House of Representatives passed legislation (H.R. 5062) amending the Consumer Financial Protection Act (CFPA) – which is Title X of the Dodd-Frank Act – to provide protection against waiver of state and federal law privileges for …
Sam Zell, Chairman of real estate giant Equity International, and Equity LifeStyles, which owns/has an interest in 380 manufactured housing and recreational vehicle communities in North America, noting corporations that have missed their expected goals were low on the revenue side, which means the demand is not there for their …
Zell, Soros, Druckenmiller and Icahn Agree: A Big Board Correction is Imminent Read More
While the oil boom in the Bakken Formation area near Watford City, North Dakota has brought a lot of quick prosperity to many local residents, the character of the town is changing due to the growth of the 1,400 residents six years ago to 10,000 today. As The atlantic.com tells …
Affordable Housing still Wanting in the Bakken Oilfields area of North Dakota Read More
Eighty percent of the outstanding common stock of manufactured home builder Deer Valley Corp. (DVLY) is being acquired by software developer Peerless Systems Corp. in a deal valued at $3.68 million, according to streetinsider.com. Based in Guin, Alabama, Deer Valley builds, distributes, finances and provides warranty and repair services for …
Peerless Systems acquires Majority of Deer Valley Homebuilders Read More
Some of the vacant lots in manufactured housing communities (MHCs) could meet the needs of truck drivers for the Southern Minnesota Sugar Beet Cooperative and its members as the season’s work begins Friday, Sept. 5 in Renville County. Jill Bruns, public health director, told the Renville County Board of Commissioners …
Manufactured Homes could Provide Housing for Seasonal Workers Read More
According to the Manufactured Housing Association for Regulatory Reform, the U. S. Department of Housing and Urban Development (HUD) statistics reveal that production of manufactured homes jumped 18.4 percent in July over July 2013, 5,675 HUD Code homes this year as compared to 4,793 produced in July 2013. On the …
HUD Code Production Rises Nearly 20 Percent in July Read More
