From Cronkite News and other sources, MHProNews.com learns of testimony provided by Manuel Santana, the director of engineering at Cavco, who told congressional lawmakers that failure to implement the Manufactured Housing Improvement Act of 2000 has weighed heavily on the industry. “Due to the inability of the HUD Code to …
MHI, Others Tell Lawmakers Slow Moving HUD Hurts Industry Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that a House of Representatives subcommittee, reacting to a nearly 90 percent decline in manufactured housing production over the past decade, recently questioned officials of the Department of Housing and Urban Development (HUD) at a February 1, 2012 hearing on the …
MHARR: Congress Zeros in on HUD’s Failure to Implement 2000 Reforms Read More
Bill Dahlin of the Hart, King & Coldren law firm in California has notified MHProNews.com of its success in finally achieving a rent increase for Brentwood Mobilehome Park in Chula Vista, CA. The San Diego County Superior Court approved a $78.00 a month permanent rent adjustment which the city’s Rent …
KTVUTV in Springfield, Missouri tells MHProNews.com a woman who collected money for the sale of modular and manufactured homes she never delivered has been sentenced to eight years in prison. Convicted in October on seven counts of fraud, Edna Kay Jackson, owner of Dogwood Homes, allegedly swindled eleven Dogwood customers. …
Joe Kelly, executive vice-president of the Manufactured Housing Association of Iowa (MHAI) tells MHProNews.com a bill approved by the Senate Judiciary committee would require a community owner to provide a legitimate reason for terminating a resident or refusing to renew a lease. Introduced by state attorney general Tom Miller, it …
Republican Presidential hopeful Mitt Romney campaigned in The Villages in Ocala, Florida, the largest age restricted active adult community in the world, 55 and better, with nearly 75,000 homes spanning three counties. The Villages website depicts numerous manufactured homes among the housing options. MHProNews.com has been informed it is a …
Gingrich Would Repeal Dodd-Frank; Romney Courts MH Seniors Read More
The Recreational Vehicle/Manufactured Housing Heritage Foundation has announced to MHProNews.com its annual inductees into the RV/MH Hall of Fame to honor those who have made significant contributions to the industry. This year marks the 40th anniversary of the awards, to be held in Elkhart, Indiana, Aug. 6, 2012. The inductees …
MarketWatch informs MHProNews.com that Drew Industries, Inc., will release its Q4 2011 results Monday, Feb. 13 before the market opens, and at 11 AM eastern time that same morning host a conference call to discuss those results. Q and A session will be limited to institutional investors and analysts. Others …
HousingWire tells MHProNews.com Wednesday’s hearing before the House Financial Services Committee will feature John Bostick, Chairman of the Manufactured Housing Association for Regulatory Reform (MHARR), and president of Sunshine Homes. He will testify how HUD’s failure to implement certain provisions of the Manufactured Housing Improvement Act of 2000 has hindered …
From the Telegraph in Alton, Illinois, MHProNews.com learns that rezoning of a mobile home community there has been denied. According to the report, proponents said rezoning Stone Meadows Mobile Home Park from B-3 (highway business) to R-6 (manufactured home district) would have allowed developer USA Wealth Partners to make improvements …
According to the Chronicle-Express, New York’s Neighborhood and Rural Preservation Program that helps people replace aging mobile homes with energy-efficient manufactured homes may be eliminated. MHProNews.com has learned Gov. Andrew Cuomo says it will save the state $12 million. The Keuka Housing Council (KHC) in Yates County has been helping …
Yahoo! Finance tells MHProNews.com that Cavco Industries, Inc., will release its Q3 2012 earnings report Thursday, Feb 2, 2012 after the market closes. Friday, Feb. 3, 2012, senior management will host a live webcast at 11 AM eastern time to discuss those results. Headquartered in Phoenix, Arizona, Cavco is the …
MHProNews.com has learned of a program in Montana to replace pre-HUD Code mobile homes with new, Energy Star-rated manufactured homes in the Great Falls area. The Sun Prairie subdivision outside Great Falls has 240 factory-built homes, many of them older models, where NeighborWorks Montana conducted an open house displaying a …
RedBluffDailyNews of Tehema County in north central California tells MHPronews.com an ordinance passed by the Tehema County Supervisors requires all manufactured homes produced after Jan. 1 to have a sprinkler system installed. The measure does not apply to existing manufactured homes. The ordinance also applies to multifamily homes with two …
From NorthJersey.com, MHProNews.com learns that residents of Finn’s Mobile Home Park are trying to raise their homes after last year’s floods, but the process is being held up by stop work orders from the township. The township requires surveyor’s reports and architectural drawings that are costing residents hundreds of dollars. …
From Missouri and the Joplin Globe, MHProNews.com learns that a center to provide social services and recreational programs to tornado survivors living in FEMA communities will be funded by tornado recovery donations. The Heart of Missouri United Way of Columbia supplied $181,100 to pay for the installation of a modular …
MHProNews.com has learned that manufactured housing will be part of the Whitehouse Cove marina development project in Poquoson, Virginia, just north of Newport News on the Chesapeake Bay. Robert Brown and Associates had initially proposed building condominiums with the full service marina and the restaurant, but complications about setbacks and …
ConnecticutPost tells MHProNews.com Hawaii ranks at the bottom of the list in terms of manufactured homes as a percentage of all housing with only .02 percent, followed by Connecticut, Massachusetts, and Rhode Island with .08 percent, according to 2010 U.S. Census figures. The figure for Connecticut fell from .09 percent …
North Carolina has Highest Percentage of Manufactured Homes Read More
FinancialNewsNetwork has informed MHProNews.com that two of the three top residential real estate investment trusts (REITs) that have the highest dividend yield in the industry are MHC owners. UMH is number one with a dividend yield of 7.9 percent. UMH has a portfolio of 39 manufactured home communities in New …
Two MHCs Rank First and Second in Dividend Yield Among Residential REITs Read More
SantaFeNewMexican tells MHProNews.com real estate developer Jeff Branch wants to turn his 40 acre tract on the southwest side of Santa Fe, New Mexico, into a manufactured home community. He purchased the property in 2006 and received approval for 222 site-built homes from the city but has been unable to …
