Bloomberg businessweek reports a study by the Joint Center for Housing Studies at Harvard University has determined the availability of less expensive apartments has not kept up with demand. This has lead an added 2.5 million people in four years to pay over 50 percent of their income for housing—28 …
Following up on a post MHProNews last published May 7, 2013 regarding Wheel Estates Mobile Home Park in North Adams, Massachusetts becoming cooperatively-owned, the Rec Hall that serves the residents has undergone a complete transformation, with new ceilings and floors, new paint on the walls, and refurbished front and back …
Residents Taking Care of Business at New Community Cooperative Read More
MHProNews has learned overall sales of homes in the Coeur d’Alene Multiple Listing Service (MLS) are up 33 percent over 2012, although some rural areas are showing increases of 70 to 75 percent. The sales of newly-built homes doubled year-over-year, while foreclosures and short sales made up half of total …
The Board of Supervisors of Lakeport, California will hold a public hearing regarding Caritas Affordable Housing Inc.’s acquisition of Sterling Shore Estates Manufactured Housing Community. According to what lakeconews.com tells MHProNews, the board will also consider a joint exercise of powers agreement between the county and the California Municipal Finance …
Supervisors to Consider Acquisition of Land Lease Community Read More
Over 150 residents representing 30 manufactured home communities (MHCs) attended an informational seminar in Pismo Beach, California hosted by Golden State Manufactured Home-owners League (GSMOL), San Luis Obispo Mobilehome Residents Assistance Panel and North Santa Barbara County Manufactured-Homeowners Team. David Loop discussed the steps involved in attaining community ownership status, …
Speakers Address Rights of Manufactured Home Community Residents Read More
MHProNews has learned from cpexecutive.com Bethesda, Maryland-based Beech Street Capital has refinanced eight manufactured housing communities for $158 million through Fannie Mae. Chad Thomas Hagwood of Beech St. says, “The refinance has enabled Beech Street to provide affordable housing in relatively high-cost markets.” The seven-year, fixed-rate loans have a 10-year …
Beech St. Capital Refinances Manufactured Home Communities Read More
A proposal by the Austalian Tax Service to apply the ten percent Goods and Services Tax (GST) to manufactured home communities (MHCs) has residents of the communities up in arms, MHProNews has been informed. A ten percent increase at Sunstrip MHC in Blacksmiths would result in a $1000 a year …
Aussie Proposal would Hit Manufactured Home Communities Hard Read More
The National Modular Housing Council (NMHC) reports 3,840 new modular homes were shipped in the third quarter of 2013, an increase of 0.8 percent from the same quarter in 2012. Compared to Q3 2012, 16 states showed increases in shipments for Q3 2013, 17 experienced decreases and one state had …
Clayton Homes participated in the Tennessee Valley Authority’s (TVA’s) ENERGY STAR Manufactured Homes pilot program, conceived to encourage more production of energy efficient homes by the manufactured housing industry and to motivate consumers to upgrade to ENERGY STAR qualification. The pilot program was awarded honorable mention by the American Council …
Award-winning ENERGY STAR Program Includes Clayton Homes Read More
The Consumer Financial Protection Bureau’s (CFPB) new consumer disclosure forms, called “Know Before You Owe,” that will take effect Aug. 1, 2015, is designed to give the borrower more control over the mortgage loan process as well as add transparency to the transaction. Paul Trepeta of the National Association of …
A manufactured housing community (MHC) senior rent control initiative may become law when it goes on the ballot for voters to decide in Lakeport, California on the June 2014 referendum. The Board of Supervisors voted unanimously to put the measure to the people after the group, “Save our Seniors,” collected …
Two manufactured housing communities (MHCs) in Pleasant Prairie, Wisconsin in the southeast corner of the state may lose their licenses to operate Dec. 31, 2013 unless they correct zoning and building violations. Westwood Estates Manufactured Housing Community must remove a pile of dirt and repair a stockade fence as conditions …
The Northwest Cooperative Development Center (NWCDC) assisted the residents at the 59-homesite manufactured home community Thunderbird in buying their community for $1.57 million, now named Whispering Pines Homeowners Co-op in Oak Harbor, Washington. Households each buy one low-cost share to become members of the co-op which gives them one vote …
Manufactured Housing Community becomes Resident-Owned Read More
The muscatinejournal.com reports Louisa County officials in Muscatine, Iowa will review regulations governing the siting of manufactured homes (MH) on rural property for people, often relatives, requiring advanced medical monitoring. The current ordinance states the MH needs to be moved after it is no longer needed. One property owner built …
Following up on a story MHProNews posted Oct. 24, 2013 regarding Southern Energy Homes moving into a new facility in Russellville, Alabama, plant manager David Brewer says needed modifications are under way, and he expects the plant to be operational by mid-March to May 1. He does not know how …
According to the Manufactured Housing Association for Regulatory Reform (MHARR), statistics from the U. S. Department of Housing and Urban Development (HUD) reveal HUD Code manufacturers produced 6,078 homes in October, an increase of 18.5 percent over the 5,127 homes in Oct. 2012. Total HUD Code production for the year …
Manufactured Housing Production Rises again in October Read More
As part of their Prefabricated Housing—Global Strategic Market Report, researchandmarkets.com states the manufactured homes segment of the industry accounts for ten percent of housing starts in the U. S., and contributes significant revenues to the entire housing industry, especially since shipments began rising in 2011. While low housing costs particularly …
A group of ten families from the Basalt, Colorado Pan and Fork land lease community, which is scheduled for redevelopment, have formed an action committee seeking better relocation options from the owners, which includes the Roaring Fork Development Corp. (RFCDC) and the town of Basalt. The “Workers for Justice and …
Residents to be Displaced want Better Housing Options Read More
Ever since a contractor accidentally cut power to the Beladean Trailer Park in Surrey, British Columbia, Canada two-and-one-half months ago, the remaining six residents (down from 11 since Sept.) have relied on generators for heat, but have been without phone service. MHProNews has learned from metronews.ca the manager of the …
The Minneapolis Multifamily Housing office, which serves people in the Dakotas, Iowa, and Wisconsin as well as Minnesota, will continue to offer financing, mortgage insurance and operating assistance to a variety of multifamily apartments, nursing homes and manufactured home communities, according to the Department of Housing and Urban Development. U. …
