Manufactured Homes

Passages: Daisy “Marie” Craddock

Daisy “Marie” Craddock, of Martinsville, Virginia, mother of Executive Director Tyler Craddock of the Virginia Manufactured and Modular Housing Association (VAMMHA), passed away Jan. 31, 2014 at age 68. A memorial service was held Sunday, Feb. 2 at First United Methodist Church of Martinsville. MHProNews extends its deepest sympathies to …

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Government Budget Includes Manufactured Housing Provisions

The omnibus spending bill that Congress passed and the president signed to keep the federal government operating through 2014 includes provisions relating to manufactured housing. One in particular specifically requires the secretary of Housing and Urban Development (HUD) select an administrator of the Office of Manufactured Housing within 120 days …

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New Manufactured Home Retailer Set to Launch

SearchCore, Inc., a technology-based internet marketing services company in Lake Forest, California is expanding into the manufactured housing (MH) industry by opening MH retail sales centers under the name Wisdom Homes of America, Inc. The company has hired Brent Nelms, a 30-year veteran of the manufactured homes industry, as president …

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Manufactured Housing Consensus Committee Seeking Members

The U. S. Department of Housing and Urban Development (HUD) Manufactured Housing Consensus Committee (MHCC) has posted a notice soliciting applications for potential members in all categories as MHProNews has learned. The very extensive website published by the National Fire Protection Association (NFPA) covers the activities of the MHCC going …

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From Single-section Home to Industry Success

Nathan Smith, 42, has grown from spending his early years in a pre HUD-Code home on a hillside in southeastern Kentucky to being the face of and partner in a company that develops and operates 25 manufactured housing communities (MHCs) in Kentucky, Indiana and Ohio. In a very animated TV …

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Drew to Release Financials

Manufactured housing, modular housing and recreational vehicle component manufacturer Drew Industries, Inc. (NYSE:DW) will release its Q4 and 2013 financial results before the market opens Thursday, Feb. 13, and discuss the results in a conference call later that same morning at 11 AM EST. The question-and-answer session will be limited …

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Residents Win Right to Purchase Community

Following a 16-year tug of war between the owner of Naples Estates manufactured home community in Florida and the 484 homeowners who have wanted to buy the property from the owner, the Collier Circuit Court has reiterated a 2008 ruling that the residents have the right to purchase the property. …

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Mandatory Home Builder Warranty in Effect Feb. 1

MHProNews.com published a story Jan. 15, 2014 regarding Alberta, Canada’s New Home Buyer Protection Act, which goes into effect Feb. 1, 2014, and insures all homes meet the same standards, including manufactured and modular homes. The home-building and remodeling industry has ranked in the top 10 for most complaints received …

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Manufactured Housing Communities Continue Sheltering Sandy Victims

As the federal housing assistance program for victims of Hurricane Sandy winds down to an end April 1, over 80 New Jersey families continue to live in temporary quarters, including in manufactured homes (MH) in manufactured housing communities (MHCs). Gov. Chris Christie has asked the federal government to extend the …

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Searer will Lead Hall of Fame for Two More Years

President and Treasurer of the Recreational Vehicle (RV)/Manufactured Housing (MH) Hall of Fame Darryl Searer has agreed to continue leading the Hall for an additional two years, according to chairman of the board Barry Cole. Searer will also become chairman when Cole’s term expires in 2014 because Jay Hesse, who …

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Liberty Homes Veep now a Veep for Trade Organization

Peter Gallagher, vice president of sales and operations of Liberty Homes Custom Builders (LIBHA) in Pocono Lake, Pennsylvania, has been elected vice-president of the Pennsylvania Builders Association (PBA), a nonprofit trade group that offers homebuilders opportunities for networking and examining governmental issues related to the trade. Liberty is a long-time …

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JPMorgan Grant Focuses on Manufactured Housing Communities

MHProNews.com has learned from heraldonline.com that JPMorgan Chase & Co. (NYSE:JPM) has created a new community development financial institution (CDFI) Collaboratives program to stimulate economic growth and opportunities in distressed and underserved communities, committing $33 million spread over 21 states. The financial services giant, with over $2.4 trillion in assets …

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New Addition—Mix of Manufactured, Modular and Site-Built Homes

Woodward County Commissioners in Woodward, Oklahoma have approved the final plat for a housing addition that will allow site-built as well as manufactured and modular homes. Riata Ranch was approved for a second time as commissioners felt the need to spell out covenants and restrictions in more detail. In assuring …

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CFPB Director Cordray Grilled at House Financial Services Committee Hearing

Consumer Financial Protection Bureau (CFPB) Director Richard Cordray received criticism during a hearing Tue., Jan 28 from the Chairman of the House Financial Services Committee, Jeb Hensarling, (R-TX), who said his committee is already hearing negative feedback from consumers regarding the Qualified Mortgage rule which went into effect Jan. 10. …

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Two-Story Manufactured Homes Coming to Florida?

Resident-owner Doug LeFevre of the Sandpiper Resort co-op manufactured home community has requested a variance to replace his manufactured home with one that will be 25-feet, higher than the 15-foot limit now governing manufactured housing communities in Bradenton Beach, Florida. The co-op board of directors has approved the request, according …

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Congress Opens a Dodd-Frank Complaint Window

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews.com the House of Representatives Financial Services Committee is establishing an internet link for people to give first hand accounts of how the new Dodd-Frank Act and its implementation by the Consumer Financial Protection Bureau (CFPB) is affecting them. This window …

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Equity LifeStyle Properties to Issue Financials

According to wkrb13.com, manufactured housing community (MHC) owner Equity LifeStyle Properties (NYSE:ELS) will announce its earnings results Tue., Jan 28. While the stock opened at $37.10 Mon., Jan 27, it has a 52-week low of $33.36 and a 52-week high of $42.86. The company has a market cap of $3.091 …

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Sun Projects Positive Results for 2014

The board of directors of real estate investment trust (REIT) Sun Communities, Inc. has announced an increase of $0.08 per common share for its 2014 target distribution rate to $2.60. While the board has adopted this new rate, it will still be subject to approval by the board each quarter …

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Wolfpack and North American Extrusion Sign Exclusive Deal

MHProNews has learned from private sources that North American Extrusion and Assembly (NAEA) has inked an exclusive agreement with Wolfpack Chassis to provide the manufactured housing (MH) and recreational vehicle (RV) industries with premium windows. The Noble line of windows were introduced at the Louisville Manufactured Housing Show this past …

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Lippert’s Rezoning Request Receives Ratification

Lippert Components, Inc. of Elkhart County, Indiana received final approval from the Goshen (IN) Plan Commission to rezone 56 acres from Agricultural A-1 to Industrial M-1 for future use by the company. The city originally annexed the area April 1, 2012, according to RVBusiness.com, with the intent to rezone it …

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