The Manufactured Housing Institute (MHI)’s “Supplier of the Year” award was presented to NTA, Inc. of Nappanee, Indiana at the MHI National Congress and Expo for Manufactured and Modular Housing in Las Vegas, April 11. Sys-Con tells MHProNews.com NTA has a cadre of engineers, draftsmen, technicians, and consultants who do …
The Register-News in Mt. Vernon, Illinois reports the Mt. Vernon City Council will hold a second reading on a proposed ordinance governing conditional use siting of manufactured housing in the city. The ordinance would require written permission from the owner of adjacent stick-built homes to allow a manufactured home to …
Killam Properties, Inc. of Halifax, Nova Scotia, Canada announces it will release financial results for the first quarter ending March 31, 2012 on Tuesday, May 8 after the close of the market. A conference call discussing the results will ensue the following day, Wed. May 9, 2012 at 10:00 AM …
NewsandTribune tells MHProNews.com Kevin Carroll filed a $5 million lawsuit against Clayton Homes of Maryville, Tennessee, alleging he lost his business to Clayton after they loaned him $150,000 to buy out his partners, and two weeks later promptly closed a plant in Hodgenville, Kentucky that supplied him with manufactured homes …
The Manufactured Housing Institute (MHI) reports 4,139 new manufactured homes shipped in Feb. 2012, an increase of 45.3 percent from a year ago Feb, with single and multi-section homes both increasing, although single section accounted for 60.4 percent of the total. Jan. and Feb. 2012 MH shipments totaled 8,084 compared …
The Santa Fe Association of Realtors (SFAR) tells the SantaFeNewMexican home sales are up in the area due to low interest rates and buyers fears that interest and prices will soon rise, but inventory is down as potential sellers wait for prices to improve. The median sales price for a …
The GadsdenTimes reports from the statehouse in Montgomery, Alabama that legislators continue to discuss moving tornado shelter inspection from the Alabama Manufactured Housing Commission (AMHC) to the state’s Emergency Management Agency (EMA) when the shelters are eligible to be reimbursed with federal funding. MHProNews.com has learned the AMHC currently inspects …
AL Legislature Discussing Inspection (Fees) of Storm Shelters Read More
If city officials in Fostoria, Ohio have their way, the residents of the 525 home sites in the four local MHCs will soon have safe haven in the event of threatening weather. Residents of this town south of Toledo began calling the city with concerns about their safety during tornado …
MHProNews.com has learned from Calgary, Alberta, Canada Okaply Industries has opened a new factory in Calgary. Based in Oka, Quebec, just north of Montreal, Okaply manufactures pre-finished gypsum, MDF, plywood, particleboard, shelving and moulding for the manufactured and modular housing industries. The company services clients in Canada, parts of the …
The OnlineSentinel reports from Madison, Maine a ruling that would restrict manufactured housing at Hidden Acres Mobile Home Park to newer models only was dropped, allowing post HUD Code (after 1976) homes to be sited, resolving a years-long disagreement between the town and the community’s owner, Tim Ames. The town …
The FayObserver tells MHProNews.com minimum housing standards are set to be tightened by the Cumberland County Commission in the south central area of North Carolina. In light of neighborhood complaints about the condition of some factory-built housing, the new measure would require all manufactured housing to have skirting around the …
OilandGasFinancialJournal says the DRC Group of Mobile, Alabama has installed a 100-room manufactured housing facility for personnel working the Eagle Ford Shale formation that runs from the southeast U.S. Mexican border northeast several hundred miles to north of Houston. MHProNews.com has learned Houston-based Apache Corp. and EOG Resources are two …
Oil and Gas Exploration Industry House Workers in MH Read More
Yahoo!Finance tells MHProNews.com Sun Communities, Inc. of Southfield, Michigan will release its first quarter 2012 earnings report before the market opens April 26, 2012. A conference call will follow to discuss the report at 11:00 AM (EST) that same day. The conference call and replay will be available on Sun’s …
Based on sales growth of shares, two of the top five residential real estate investment trusts (REIT)s are MHC owners. Equity Lifestyle Properties (ELS) tops the list with a sales growth of 31 percent, nearly twice that of second place Mid-America Apartment Communities at sales growth 16.1. Essex Property Trust …
In its Week in Review newsletter, the Manufactured Housing Institute (MHI) is urging its members to contact their congressional delegation to support H.R. 3849, legislation introduced by Reps. Stephen Fincher of Tennessee, Joe Donnelly of Indiana, and Gary Miller of California. The Preserving Access to Manufactured Housing Act seeks to …
The AspenTimes reports non-profit Roaring Fork Community Development Corp. (RFCDC) bought the Pan and Fork Mobile Home Park in Basalt, Colorado last year and has submitted preliminary plans to the town government to redevelop just under half of the property into a 112,000 square-foot combination retail, hotel, classroom, non-profit organizations, …
MHC to be Redeveloped into Commercial, Non-profit, and Park Read More
Long-time MH industry member and state association executive Chelu Travieso passed away March 30, 2012 in Orange, California. A native of Cuba, Ms. Travieso served as a trade association executive representing MHC owners and managers, as well as with non-profits to promote the industry through education since she began in …
NaplesNews tells MHProNews.com Jacobsen Homes of Safety Harbor, Florida has rolled out its new 495 square-foot Starfish Home. Measuring 13′ 4” by 37 feet long, this one-bath, one-bedroom manufactured home has the kitchen and bath amenities of much larger homes, including space for a washer/dryer combo and cathedral ceilings. The …
ConcordMonitor says Foxy Terrace Cooperative in Derry, New Hampshire became the 100th resident-owned manufactured housing community in the state Feb. 19, 2012. Many of the cooperatives were years in the making, due to most lending institutions’ reluctance to finance a collective of primarily low-income residents, which comprise the majority of …
From Freehold, New Jersey the SacramentoBee says UMH Properties has completed the underwriting of one million shares of its 8.25% Series A Preferred Stock at $25.292 per share, and anticipates a net return of $24,500,000 before expenses. The company intends to acquire additional properties and pay down debt with the …
