A member of the Mississippi Manufactured Housing Association’s (MSMMHA) Hall of Fame , Jeffrey Duane “Doc” Bell, 53, passed away Feb. 21, 2014 in Little Rock, Arkansas. His nickname came from his stint as an athletic trainer at the University of Mississippi. A district manager for American Modern Insurance Group, …
M.J. (Michael Joshua) Thomas passed away this past Saturday, Feb. 22, after being hospitalized for breathing issues. M.J. had been living in the Dallas/Fort Worth area and began his manufactured housing retail career in Tulsa, OK. Thomas had made arrangements to attend the Tunica Manufactured Home Show just before being …
MHProNews.com posted a story Dec. 24, 2013 about Northstar Realty Finance’s acquisition of a portfolio of 16 manufactured housing communities (MHCs) valued at $345 million, mostly in Colorado and Texas, with an expected yield of 12 percent. The company reported its funds from operations (FFO) per share increased from -$0.09 …
Following a story MHProNews.com posted Feb. 24, 2014 regarding assistance the state of Michigan is offering to repeat homebuyers, including those buying manufactured homes, we have been informed the Mi Next Home program offers $7,500 maximum assist, or four percent of the purchase price, whichever is lower. Northern Homes Executive …
San Jose, California has the most manufactured-home communities in the state, 58 communities with nearly 11,000 homesites, according to mercurynews.com, and the owners of some in this Silicon Valley area will likely be tempted to convert their property to high-density, high-end housing. Of the 150 people who live in the …
Manufactured-home Community Surrounded by High-end Property Read More
The U. S. Senate Banking Committee leaders have made a housing finance overhaul bill one the committee’s top priorities, and ranking member Sen. Mike Crapo (R-ID) says he and Chairman Tim Johnson (D-SD) hope to produce their long-awaited housing bill by the end of March, according to POLITICO Pro. Sen. …
Updating a story MHProNews.com published Feb. 21, 2014 regarding U. S. Senate bill S 1828, Preserving Access to Manufactured Housing Act, introduced by Sen. Joe Donnelly (D-IN) Dec. 16, 2013, MHProNews.com has been informed Sen. John McCain (R-AZ) has signed on as a co-sponsor of the bill. A companion to …
The Kilgore (Texas) City Council at its regular session will consider a request to change the zoning of property located east of the intersection of Peavine and Harvey Roads from commercial to single-family manufactured housing, according to news-journal.com. Kilgore is in northeast Texas, east of Dallas. MHProNews.com knows Texas is …
Applicant Requests Property be Rezoned for Manufactured Home Read More
Entering the race for a county commission seat in Williams County, North Dakota, Jon Kreil says he wants to re-establish a sense of community, according to willistonherald.com. He has spent time on the Williston Affordable Housing Committee as it seeks to define affordable housing in an area where a 700 …
Commission Candidate wants more Manufactured Housing in North Dakota Read More
MHProNews.com has learned from newssun.com that residents of Tanglewood manufactured housing community in Sebring, Florida were instrumental in raising $65,100 during 17 events for cancer research as part of the Tanglewood Residents’ Cancer Benefit. The Feb. 18 Benefit Bash was held in Tanglewood’s clubhouse, sponsored in part by community owner …
Manufactured Home Community Residents Support Cancer Reseach Read More
Stock research firm Zacks has upgraded the stock of Universal Forest Products, Inc. (NASDAQ:UFPI) from a neutral rating to an outperform rating based upon its earnings per share of +$0.40 in Q4 2013 versus a loss of -$0.10 per share in the comparable quarter of 2012, as MHProNews.com reported Feb. …
In a commentary by MHProNews.com‘s publisher L. A. ‘Tony” Kovach, noting a recent advertisement by the Manufactured Housing Association for Regulatory Reform (MHARR) targeted to industry lenders who are members of the Manufactured Housing Institute (MHI) in an attempt to have them join MHARR, he alludes to a 1971 Pogo …
Pooling Resources for Manufactured Housing, or Pulling them Apart? Read More
The Michigan State Housing Development Authority already offers first time home-buyers assistance through its Mi First Home program, and now it is offering assistance to repeat buyers, including those who want to buy a manufactured home. The Mi Next Home program can provide up to $7,500 in down payment assistance, …
Following up on an article MHProNews.com published Feb. 18 regarding the possible closure of the Applewood Park manufactured housing community (MHC) in Midvale, Utah, state representative Tim Cosgrove (D-Murray) has introduced HB 108 that would establish a task force to identify issues dealing with manufactured home ownership. Noting 10,000 seniors …
Bill Establishing Manufactured Housing Task Force Filed Read More
The Dobson, North Carolina Board of Commissioners unanimously approved a rezoning request to convert property originally zoned RS, residential suburban, to RMS, residential manufactured home (MH), which allows the landowner to site an additional MH in a manufactured home community (MHC). As mtairynews.com informs MHProNews.com, landowner Harry Folger purchased two …
One of the highlights of the Manufactured Housing Institute’s (MHI) Winter Meeting Feb. 9-11 was the day manufactured housing professionals from the entire spectrum of the industry visited Capitol Hill to speak directly with their Congressional representatives. After a breakfast/pep talk with Rep. Andy Barr (R-KY), a member of the …
Landmark Properties wants to redevelop the 56-site Arrowhead Village manufactured housing community (MHC) in Flagstaff, Arizona into a 191-unit student housing complex. As the azdailysun.com reports, a meeting designed to meet the city’s zoning requirements and introduce the project to the public drew 100 people who wanted to know about …
Manufactured Housing Community Owner Plans Redevelopment Read More
Using the H-2A visa foreign guestworker program to harvest fruit crops in Washington state requires the growers to provide housing for the workers. In 2013 there were 6,221 employees under the program, many living in manufactured homes, 12 to a home, that accompany the fields of the larger growers. This …
Ashland Holdings LLC, a subsidiary of Great Plains Holdings, Inc. has completed its phase 1 purchase of two parcels of land in Wildwood, Florida, which include a manufactured home that will be rented, and a 1,400 square-foot corporate office building, part of which Ashland will use and the other part …
Harking back to MHProNews.com Feb. 11, 2014, Patrick Industries, Inc. (PATK) released its financial for Q4 2013 and 2013. Fourth quarter 2013 net income was $5.0 million or $0.47 per diluted share. This compares to net income of $3.2 million or $0.30 per diluted share in the comparable period 2012. …
