As we wrap up the month of February, our featured articles are on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
Sun Communities, Inc. (SUI) has reported its Q4 2016 earning results. Total revenues for the quarter increased $50.4 million, or 30.0 percent, to $218.6 million compared to $168.2 million for the same period in 2015. Net loss attributable to Common Stockholders was $1.6 million, or $0.02 per diluted common share, …
Elkhart, Indiana-based Skyline Corp. (NYSE: SKY) announced in an 8-K filing with the SEC last week that it plans to suspend operations at its manufactured housing facility in Mansfield, Texas. “The suspension is due to the plant being unable to profitably operate since it was converted from producing recreational vehicles …
In Corpus Christi, Texas, Andy Taubman has once again presented manufactured housing as an affordable solution to an ongoing challenge for the city. Taubman, former chairman of the Streets Committee, believes that using manufactured homes as infill is viable, and has proposed the solution to the city council on two …
In Lansing, Michigan, the city has been granted permission to demolish what they consider to be a huge eyesore. Life O’ Riley Mobile Home Park was closed down in February 2014, and over 200 residents were moved from the community. According to city officials, it has been a safety concern …
Former Bend, Oregon mayor and property firm president Allan Bruckner, recently penned an op-ed in The Bulletin, which makes the case for manufactured housing as a solution to the city’s affordable housing crisis. “One of the obvious and most talked about problems in Bend is our need for affordable housing. …
Op-Ed Takes City to Task, Advocates for MH as Solution Read More
Washington, D.C., February 21, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has filed written comments on a December 16, 2016 rule proposed by the U.S. Department of Housing and Urban Development (HUD) to modify minimum payments provided to State Administrative Agencies (SAA) within …
In Lumber Ridge, North Carolina, it’s been four months since Hurricane Matthew wreaked havoc on the area. Over 350 families were displaced due to the storm, and, with homes too damaged to live in, they remain in hotels and motels, waiting. The reason? According to the Federal Emergency Management Agency …
While Hundreds Remain Displaced, Solutions Sit Idle Read More
At a recent Ronda, North Carolina Board of Commissioners meeting, guest speakers had a lot to say, dominating the entire first half hour. According to the Elkin Tribune, the issues were around Ronda’s Mobile Home Resolution and Shady Hill Mobile Home Park. David Yelverton and Shannon Neal, potential purchasers of …
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home …
In Utah, the relationship between manufactured home community owners and residents has been a long-standing, and well known battle. But recently, what some on both sides are calling “a miracle” has taken place. According to the Salt Lake Tribune, those who support resident and community owner rights have joined forces …
For most homeowners, the belief is that it’s all about location, location, location. Now, a community preference survey from the National Association of Realtors (NAR) shows that, along with access, is indeed the case. According to the Lansing State Journal, the survey shows that most homebuyers say their ideal community …
Senator Ted Cruz (R-TX) and Rep. John Ratcliffe (R-TX) put forth legislation on Tuesday to abolish the Consumer Financial Protection Bureau (CFPB). “This legislation would give Congress the opportunity to free consumers and small businesses from the CFPB’s regulatory blockades and financial activism, which stunt economic growth,” said Cruz. The …
In North Attleboro, Massachusetts, residents who were initially concerned over a proposed manufactured home community, have changed their tune now that the developer has abandoned a controversial part of the project. According to The Sun Chronicle, residents were at odds with the developer of Westcott Estates, a manufactured home community …
In California, the San Francisco Bay Area is one of the most expensive places to live in the state. Some one-bedroom apartments in downtown San Francisco can start at $4000 per month. South of San Francisco, in the city of Sunnyvale, one of the last affordable housing havens in the …
What’s the biggest factor driving site built property transitions? The answer may surprise you, but the opportunity for the manufactured housing industry won’t. According to National Mortgage News, research from the Mortgage Bankers Association’s Research Institute for Housing America (RIHA) shows that a homeowner’s equity position is one of the …
Manufactured Housing – Hope for Ownership Versus Rentals? Read More
A new month means new-featured articles on the MHProNews.com home page. This month’s theme? Frank, Frustrations and Free Enterprise February in MHLand, 2017. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home …
In a story that MHProNews covered first in manufactured housing, Jim Clayton, Founder and Chairman of Clayton Bank and Clayton Homes, confirmed the “merger” of Clayton Bank and Trust and American City Bank (collectively “Clayton Banks”) and FB Financial Corporation (NYSE: FBK), in a deal valued at $284.2 million. This …
Jim Clayton Exclusive on Clayton Bank/FirstBank Merger to MHProNews Read More
The proposed expansion of a manufactured home community in Water Valley, Mississippi, appears to have hit a snag after a city meeting this week. According to the Oxford Eagle, city officials said that the city does not have the capacity to provide sewage for the entire project. In response to questions …
Washington, D.C., February 9, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, at a Federal Housing Finance Agency (FHFA) “listening session” in Washington, D.C. on February 8, 2017, President and CEO Mark Weiss reiterated and underscored previous remarks by MHARR representatives. Weiss asserted that the …
MHARR to FHFA: Duty to Serve Requires Material and Expedited Support for MH Chattel Loans Read More
