Toys collected by the residents of the Rose Garden Manufactured Home Resort in Surprise, Arizona just outside Phoenix were donated in support of the Surprise Police Department’s annual toy drive, according to yourwestvalley.com. Over 130 residents each donated a new toy and a roll of wrapping paper, as MHProNews has …
Manufactured Home Residents Donate Toys to Surprise Police Department Read More
In Mayes County, Oklahoma, any 62 year-old (or older) head of the household whose gross annual income for the preceding year did not exceed $22,000 or 50 percent of the U. S. Department of Housing and Urban Development (HUD) median family income for the county may receive a Manufactured Home …
Manufactured Home Owners to Receive Property Tax Exemption Read More
The town board of Richmond, in St. Croix County, Wisconsin, has passed a series of ordinances governing the placement, licensing, age, size, and structure of manufactured homes and the manufactured housing communities in which they might be sited in the city. The newrichmond-news.com reports violations could draw fines ranging from …
Canada’s Killam Properties, Inc. (TSX:KMP) will release its Dec. 31, 2013 year-end financials on Tue., Feb. 18, 2014 after the market closes. A live audio webcast and conference call to discuss the results will be held the following day, Wed., Feb. 19 at 10:00 AM eastern time, according to wsjonline.com. …
The marsfieldnewsherald.com reports that manufactured and modular home builder Liberty Homes, Inc. of Dorchester, Wisconsin was chosen to receive a visit from the current Alice in Dairyland, Kristin Olson. Olson is the ambassador of the WI Department of Agriculture, promoting agricultural products to the state, country and world, logging 40,000 …
Manufactured housing community (MHC) UMH Properties, Inc. (UMH) will host a review of Q4 and year-end financial results Thursday, March 13, 2014 at 10:00 AM EST, following the release of those results the day prior, March 12. Senior management will discuss the results and future forecast, marketwatch.com says, during the …
Building products company USG converted notes held by Berkshire Hathaway into an equity stake, making Warren Buffett’s company the largest shareholder in the company at 30.5 percent. During the financial crisis in Nov. 2008, as wsj.com reports, Berkshire invested $300 million in convertible notes at a 10% interest rate. Fairfax …
Ten new honorees will be inducted into the RV/MH Hall of Fame Class of 2014 on Aug. 4, 2014 at the Hall facility in Elkhart, Indiana. MHProNews has learned the inductees from the manufactured housing industry are: • Barry Cole, president of Manufactured Housing Insurance Services and Cole Housing Corp.(insurance …
Former North Carolina Democrat Melvin Watt was sworn in Jan. 6, 2013 as the new head of the Federal Housing Finance Agency (FHFA), replacing the acting head since 2009, Edward DeMarco. The Manufactured Housing Association for Regulatory Reform (MHARR) says Watt was instrumental in the passage of the Manufactured Housing …
Melvin Watt : New Light at the Federal Housing Finance Agency? Read More
The Wildhorse Estates subdivision in Florence, Arizona has 84 large lots designated for manufactured homes (MH), but there are only 15 MH sited, and the remainder are site-built homes, making it out of compliance with county zoning. Many homes have horses and other farm animals, some of which have more …
The Clayton Family Foundation has pledged $500,000 to the Motlow College Foundation’s STEM (Science, Technology, Engineering and Math) endowment fund, according to tullahomanews.com. Jim Clayton, the founder of Clayton Homes of Maryville, Tennessee, and of the Clayton Foundation, has degrees in law and engineering, and currently is director and vice-chairman …
Wells Fargo & Co. upgraded shares of manufactured housing community (MHC) owner Sun Communities, Inc. (NYSE:SUI) to an outperform rating from a market perform rating. Two analysts had previously cut their price target on Sun, but both now have issued an outperform rating for the stock, according to tickerreport.com. In …
Sun Communities Garners Outperform Rating on Stock Read More
A subsidiary of manufactured housing and recreational vehicle community owner Sun Communities, Inc. borrowed $141.5 million from Bank of America, split in to two loans. The $72.4 million Pool A Loan accrues interest at 4.89 percent annually, while the interest rate on the $69.1 million Pool B Loan is 4.90 …
According to official statistics compiled on behalf of the U. S. Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) reports HUD-Code manufacturers produced 4,870 homes in November 2013, an increase of 11.5 percent over the 4,365 homes manufactured for the same period of …
Production of HUD Code Manufactured Homes Continues to Rise Read More
UMH Properties, Inc., a real estate investment trust (REIT) operator of manufactured housing communities, has filed an 8-K disclosure form with the Securities and Exchange Commission (SEC) to report the change of an officer. Allison Nagelberg has served as the General Counsel of UMH and its affiliate, Monmouth Real Estate …
Councilman Raymond “Shoe-Do” Lewis of the New Iberia, Louisiana City Council asked for support of the council in June, 2013 to amend an ordinance permitting manufactured homes (MH) to be sited in R-3 areas in the city, but did not receive a second to his motion. As iberianet.com tells MHProNews, …
Allowing Manufactured Homes in Town would Increase Needed Revenue Read More
Manufactured housing community (MHC) owner Inspire Communities of Gold River, California has acquired Quail Ridge Estates of Lake Charles, Louisiana. An all-age community, Quail Ridge was 89 percent occupied at the time of acquisition in Q4, 2013, and has 373 home sites set on 82 acres and features several recreational …
Inspire Acquires Manufactured Housing Community in Louisiana Read More
As pressrepublican.com tells MHProNews, the proposal for a 250-lot residential development on 95 acres in Plattsburgh, New York includes manufactured and modular homes in addition to stick-built dwellings. Chris LaBarge of Peryea-LaBarge Real Estate will submit a request to the Town Council under Planned Development District rules that restricts the …
Housing Development set to Include Manufactured and Modular Homes Read More
Two town board members of Sylva, North Carolina are reconsidering a 15 year-old ban on siting single-section manufactured homes outside of manufactured housing communities (MHCs), saying it may be unfairly punishing people of modest means. Board member Mary Gelbaugh says, “We are trying to make housing available, and I’m worried …
Town Reconsidering Ban on Manufactured Homes outside Communities Read More
Shirley Checca, of Stafford, Virginia, wife of Laurence Checca, Virginia Manufactured and Modular Housing Association (VAMMHA) past president and Hall of Fame member, passed away Jan. 2, 2014. Former teacher, United Airlines flight attendant and beauty consultant, she passed away peacefully at her home. MHProNews extends its deepest condolences to …
