As sales of manufactured housing’s sister industry, the recreational vehicle (RV) business, began accelerating in mid-2012, it also spurred the sales of several manufactured housing (MH) component suppliers. Shipments of motor homes rose 30 percent through May of this year compared to 2012. Drew Industries, Inc., one of the three …
RV Sales Spike Manufactured Housing Component Suppliers Read More
Manufactured homes dominated the discussion at the Prescott, Ark. Planning and Zoning Commission meeting Thursday night. The city’s ordinances have not changed since 1979, and the need for a comprehensive plan is crucial, especially since having annexed a substantial plot of land north and west of the city in 1995. …
The non-profit Next Step, based in Louisville, Kent. has helped over 100 families purchase energy-efficient manufactured homes through its connections with affordable housing organizations across the country. Partnering with Maryville, Tenn.-based Clayton Homes, the largest producer of manufactured homes in North America, Next Step has placed homes in 20 states. …
Non-profit Housing Organization Teams with Clayton Homes Read More
Canada’s Killam Properties, Inc. (TSE:KMP) report investors of record on July 31 will be paid a dividend of $0.0483 per share on Aug. 15, 2013. Three research analysts have rated the stock with a hold rating and four have rated it buy. While shares opened at $13.90 today, July 19, …
The Board of Selectmen in Exeter, New Hampshire voted unanimously to issue a tax deed on a single-family home, thereby taking ownership of the home, but issued deed waivers on eight manufactured homes (MH) which are located in communities. All of the MHs have delinquent taxes going back to 2009, …
With a wealth of manufactured housing in her background, Kathy Tompkins, of Grand Valley, Colo. has joined Heiden Homes Realty and Associates in Grand Junction. She currently owns Manufactured Home Parts, established in 2000, and specializes in manufactured home sales. A general contractor for 13 years, gjsentinel informs MHProNews Tompkins …
Massachusetts’ controversial Chapter 40B provision allows developers to build housing complexes that do not conform to local zoning ordinances if the town does not have ten percent affordable housing in its stock. Belcherton, in west central Mass., has only 6.4 percent affordable housing, and its Board of Selectmen are considering …
Amendment would Change Definition of Affordable Housing Read More
Universal Forest Products, Inc. (UFPI) reports second quarter 2013 net sales of $738.4 increased 24.4 percent over the $593.7 net sales for the same period of 2012. Second quarter net earnings for 2013 equaled $15.8 million compared to $17.5 million for the same period 2012, although 2012’s earning included gains …
Universal Forest Products, Inc. Sales Gain for Q2 213 Read More
Building permits for single-family and multifamily housing construction are on the rise in Alaska’s capital city, Juneau for this year, including investment in manufactured housing (MH). An MH community in town has replaced 12 older homes with 12 brand new manufactured homes, according to Community Development Director Hal Hart. Additionally, …
The definition of a dwelling in the Sussex County Code in southern Delaware is, “A building or portion thereof containing cooking and housekeeping facilities, designed or used exclusively for residential occupancy…,” but it excludes hotels, motels, lodges, tourist courts as well as manufactured housing (MH). An editorial in capegazette.villagesoup asks …
On July 10th, the Consumer Financial Protection Bureau (CFPB), in cooperation with five other federal agencies, issued joint proposed regulations providing exemptions from appraisal requirements for certain higher-priced mortgage loans (HPMLs), which would include manufactured home loans. Imposed by the Dodd-Frank Act, mortgage loans are considered to be higher-priced if …
Exemption for certain Manufactured Housing Appraisals on Tap Read More
Patrick Industries, Inc., manufacturer and distributor of component parts for the manufactured housing and recreational vehicle industries will release its Q2 2013 financials before the market opens July 25, 2013. Based in Elkhart, Ind., Patrick reported a first quarter increase in revenue of 38.4 percent which produced income of $5 …
Working exclusively on behalf of Wynne Corporation to seek financing for two manufactured home communities (MHC) north of Los Angeles, HFF (Holliday Fenoglio Fowler, L.P.) secured acquisition financing for La Maria MHC in Santa Maria, Calif. and refinancing for Ojai Oaks Village in Ojai, Calif. La Maria is a 158-site …
Two California Land Lease Communities Obtain Financing Read More
The Magnolia, Ark. Planning and Zoning Commission has proposed restricting manufactured homes (MH) to R-3 zoning, thereby keeping it out of R-2 and R-1 zoning. The new measure would require amending zoning laws for most of this whole city, located in southwestern Arkansas, as MHProNews has learned, affecting hundreds of …
City Planners Restricting Manufactured Housing Sites Read More
A new development that will feature affordable, manufactured housing is set to rise on Horseshoe Bay South near Spiceland, Texas, just west of Austin. Owner of Austin Star Roofing Taurino Diego bought 163 undeveloped lots that he will build out for manufactured homes, along with realtor partner Dana Martin of …
Affordable Manufactured Housing Community for Texas Read More
Updating a story MHProNews last published May 27, 2013 regarding the plagued Sunset Village manufactured housing community in Glenview, Ill., new owners have purchased the property out of a three-year foreclosure. Former owner Richard Klarchek was sued by Cook County and the state for failing to adequately address water quality …
Real estate bargain-hunter mogul John Bushman of Odessa, Tex. started a used car business in Midland, in 1968 with $1,500. A year later opened he A-1 Homes, selling factory-built homes that grew to 23 locations and later included a factory making manufactured homes. The automobile business also did well, and …
Texas Investor Continues his Manufactured Housing Roots Read More
Following the recommendation made by the Sapulpa Metro Area Planning Commission, the Creek County Commissioners in Sapulpa, Okla. granted a zoning request for manufactured homes to be sited in an area once zoned A-1 agriculture. According to what sapulpaheraldonline tells MHProNews, the change to the RMH-1 status is the most …
Killam Properties Inc. (TSX: KMP) will release its financial results for the second quarter ending June 30, 2013 on Wednesday, August 7, 2013, after the close of the market. A conference call to discuss the financials will be held on Thursday, August 8, 2013, at 12:00 PM EST. In Toronto …
Lippert Components, Inc., (LCI), a subsidiary of Drew Industries, Inc., has acquired certain assets and the engineering team of Midstates Tool and Die and Engineering, Inc. in Elkhart, Ind. Now renamed Lippert Automation, Tool and Die, the company builds automated equipment, production tooling, and progressive and one-hit stamping dies, and …
