Manufactured Homes

Sunday Morning Recap-Manufactured Housing Industry News June 19-June 26, 2016

By / June 25, 2016 / Advocacy, Announcements, Business, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trends, Zoning

What’s New in public focused Manufactured HomeLivingNews.com Entry Level v Residential Style Manufactured Homes, Modular Homes and MH Appraisals – Tom Papszycki, Arrowhead Homes – Inside What’s New in Manufactured Housing Industry Professional News Louisiana Approves 336 home site MH community. Polish modular builder marketing in Sweden. Oregon legislator tryhing …

Sunday Morning Recap-Manufactured Housing Industry News June 19-June 26, 2016 Read More

UMH Properties to Release, Discuss Q2 2016 Financials

By / June 25, 2016 / Announcements, Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from prnewswire that manufactured home community (MHC) owner UMH Properties, Inc. (NYSE:UMH) will hold its 2nd quarter 2016 financial results webcast and conference call Fri., Aug. 5, 2016 at 10:00 AM eastern time. Senior management will assess the results, current market conditions and future outlook. UMH’s second …

UMH Properties to Release, Discuss Q2 2016 Financials Read More

Calcasieu Parish in LA Approves Manufactured Home Community

By / June 25, 2016 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, Zoning

MHProNews has learned that the Calcasieu Parish police jurors in far southwestern Louisiana voted 13-1 to approve rezoning from single-family residential to manufactured home community (MHC) for a 336-home site property on U. S. 90 East. Johnny Guillory, speaking on behalf of His Heirs LLC, called it a manufactured home …

Calcasieu Parish in LA Approves Manufactured Home Community Read More

Oregon Legislator Wants to Preserve Manufactured Home Communities

By / June 24, 2016 / Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation

In an attempt to preserve affordable housing, Oregon House Speaker Tina Kotek (D-Portland) convened a gathering at Portland City Hall to discuss what steps can be taken to preserve manufactured home communities (MHC), in the throes of a hot real estate market that sees them potentially jeopardized with redevelopment. Noting …

Oregon Legislator Wants to Preserve Manufactured Home Communities Read More

Freddie Mac may Finance Rental-only Community for UMH

By / June 24, 2016 / Business, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

In a video interview at REITWeek 2016:NAREIT’s Investor Forum, Sam Landy, President and CEO of UMH Properties, Inc. (NYSE:UMH), commenting on the 31 percent increase in core funds from operations (FFO) in Q1 2016, said: “It’s what we have been planning going back about six years when we started doing …

Freddie Mac may Finance Rental-only Community for UMH Read More

Louisiana Commission Denies Siting of Manufactured Home

By / June 23, 2016 / home buyers, Legal, Manufactured Homes, Modular, regulation, Zoning

The Sulphur Land Use Commission in Sulphur, Louisiana declined to allow a manufactured home (MH) to be sited on a prepared lot because they were initially told it was a modular home, which would have been acceptable. Public Works official Keith Berry said the property would have to be re-zoned …

Louisiana Commission Denies Siting of Manufactured Home Read More

Australian MH Producer gets Five Year Deal

By / June 23, 2016 / Business, Communities, Company News, Manufactured and Modular Housing News, Manufactured Homes

Manufactured home producer Fleetwood Corp. in Western Australia has entered into a five-year agreement with NLV Group (National Lifestyle Villages) to supply them with manufactured homes for retirees. Fleetwood will produce the homes at its High Wycombe plant in Perth and install them in NLV communities across Western Australia. NLV …

Australian MH Producer gets Five Year Deal Read More

USDA Offers Low Interest Loans for Manufactured Home Purchase

By / June 23, 2016 / Advocacy, Business, Factory-Built Homes, Green, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular, People

As part of the USDA’s Rural Development Energy Efficient Manufactured Home Pilot Program, Dennis Miller is the first to purchase an energy efficient modular home, celebrating National Homeownership Day, in Putney, Vermont. Representatives of the USDA and Windham and Windsor Housing Trust (WWHT) were also in attendance. The program allows …

USDA Offers Low Interest Loans for Manufactured Home Purchase Read More

Arcata, CA Residents Concerned about Rents in MH Community

By / June 22, 2016 / Advocacy, Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

Following concerns expressed by manufactured home community (MHC) residents in Arcata, California regarding rising site rents, the Arcata City Council directed the Community Development Department to take a demographic survey of MHC residents as well as the history of rents. As times-standard tells MHProNews, Community Development Department specialist Mohamad Alnakhlawi …

Arcata, CA Residents Concerned about Rents in MH Community Read More

Condemned Michigan MH Community Misses Deadline, Faces Demolition

By / June 22, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes

Updating a story MHProNews last posted Aug. 28, 2015 regarding the closing of the Life O’ Riley manufactured home community (MHC) in Lansing, Michigan in 2014 after it was condemned, and subsequent forced removal of the residents because of unsanitary conditions, the MHC faced a deadline of June 18, 2016 …

Condemned Michigan MH Community Misses Deadline, Faces Demolition Read More

UFPI Acquires Distributor of Wood Products for MH

By / June 21, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

A subsidiary of Universal Forest Products, Inc. (NASDAQ:UFPI) is acquiring Idaho Western, Inc., a Nampa, ID distributor of products for the manufactured home (MH) and recreational vehicle (RV) industries as well as for building materials retailers. UFPI’s Caldwell, ID facility, which also supplies wood and wood products to the MH …

UFPI Acquires Distributor of Wood Products for MH Read More

Appropriations Bill Amendment will Provide Access to MH Financing

By / June 21, 2016 / Advocacy, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

An amendment sponsored by Rep. Chuck Fleischmann (R-Tenn) and passed by the House Appropriations Committee is designed to strengthen access to safe, affordable and available financing for manufactured homes while preserving important consumer protections, according to what the Manufactured Housing Institute (MHI) tells MHProNews. Passed by a bipartisan vote of …

Appropriations Bill Amendment will Provide Access to MH Financing Read More

Patrick Acquires Mishawaka Sheet Metal

By / June 20, 2016 / Announcements, Business, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned from prnewswire that Elkhart-Indiana-based Patrick Industries, Inc. (NASDAQ:PATK) has completed the acquisition of Mishawaka Sheet Metal, LLC (MSM), also based in Elkhart for approximately $14 million. With revenues in 2015 of $28 million, MSM produces and distributes an array of aluminum and steel products for the recreational …

Patrick Acquires Mishawaka Sheet Metal Read More

MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards

By / June 23, 2016 / Announcements, Business, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

In response to the Department of Energy’s proposed rules on energy standards for manufactured housing in the Federal Register, the Manufactured Housing Institute (MHI) says it worked closely with the DOE to try and avoid excessive costs to consumers that will outweigh benefits. The DOE based their recommendations on the …

MHI and MHARR Respond Differently to DOE’s Proposed Energy Standards Read More

Manufactured Home Rentals in Arizona could be Troubling

By / June 19, 2016 / Communities, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, mobile home, People

While the Arizona Office of Manufactured Housing (MH) enforces the state’s manufactured home landlord-tenant act, it does not apply to rental homes. The city of Tucson does take care of MH rentals, having responded to about 20 calls this year regarding insufficient cooling, requiring owners to fix the problems, according …

Manufactured Home Rentals in Arizona could be Troubling Read More

Manufactured Home Taxes due Aug. 1

By / June 18, 2016 / Announcements, home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from logandaily that the Hocking County, Ohio second half 2015 real estate tax and 2016 manufactured home tax statements have been mailed. Hocking County Treasurer Diane Sargent says her office will continue to accept applications for the treasurer’s pre-payment escrow plan until June 30 for real estate …

Manufactured Home Taxes due Aug. 1 Read More

Drew Drawing some Investing News

By / June 18, 2016 / Business, Company News, Manufactured Homes, Stocks

Drew Industries, Inc. (NYSE:DW) stock has risen 38.04% since November 9, 2015, outperforming the S&P 500 by 38.39%. as franklinindependent informs MHProNews. SG Capital Management decreased stake in Drew by 33.53 percent based upon filing with SEC.  Ken Grossman’s hedge fund held 215,042 shares of Drew at the end of …

Drew Drawing some Investing News Read More

Manufactured Home Sited Illegally in Arkansas

By / June 27, 2016 / Legal, Manufactured and Modular Housing News, Manufactured Homes, People, regulation, Zoning

A manufactured home has been sited in Stuttgart, Arkansas in an area zoned residential R-2, which does not allow manufactured homes (MH), creating a conundrum for the Stuttgart City Council. At an April 19 meeting Code Enforcement Officer Gary Norris said the home was modular and meets the city building …

Manufactured Home Sited Illegally in Arkansas Read More

Measure would Replace Dilapidated Manufactured Homes in NY

By / June 17, 2016 / Advocacy, Business, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, People

A bill that passed in the New York State Senate, sponsored by Sen. Betty Little (R-Queensberry), would fund a home replacement program for qualifying state residents who have older, dilapidated mobile and manufactured homes, and own the property. The replacement units would be new, affordable energy-efficient units, according to adirondackdailyenterprise, …

Measure would Replace Dilapidated Manufactured Homes in NY Read More

Prelude to the Department of Energy’s Energy Standards

By / June 17, 2016 / home buyers, Legal, Manufactured and Modular Housing News, Manufactured Homes, regulation

The United States Government Publishing Office summarizes the Energy Conservation Standards for Manufactured Housing according to the Department of Energy guidelines thusly: ”The U.S. Department of Energy (DOE) is publishing a proposed rule to implement the Energy Independence and Security Act of 2007, which directs DOE to establish energy conservation …

Prelude to the Department of Energy’s Energy Standards Read More

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