At the 2016 National Congress & Expo for Manufactured and Modular Housing held in Las Vegas, 700 manufactured housing (MH) professionals heard a panel of industry leaders state that, with the onset of seniors downsizing, single-parent households and Millennials becoming the largest consumer group, the time is ripe for MH …
MH Industry Leaders Pursue New Marketing Strategies Read More
With 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing …
Shortage of Affordable Housing Could Severely Impact 40% of Boomers Read More
Beginning in 1956, Lawrence “Larry” Lippert sold galvanized and aluminum roofing products to the manufactured housing industry, as tradeonlytoday tells MHProNews. Now celebrating its 60h birthday, Lippert is part of Drew Industries, Inc., which has grown into a billion dollar annual business today, producing and distributing component parts to the …
MHProNews has learned from streetinsider that Patrick Industries, Inc. has completed its acquisition of Cana Holdings, Inc., with its two facilities, one in Americus, Georgia and one in Elkhart, Indiana where Patrick is headquartered. Cana produces custom cabinetry, primarily supplying the manufactured housing industry as well as the residential, hospitality …
Everett and Regina Saunders, the owners of the Amberlite Mobile Home Park in Bloomingburg, New York, about 80 miles northwest of New York City, have sent a letter dated March 29 to the residents that the community will be sold July 29 for $960,000 to Amberlite LLC, and the new …
Manufactured Home Community in New York set to Close Read More
What’s New in public focused Manufactured HomeLivingNews.com Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News MH Community adding 46 homes. Malibu manufactured home goes for $3.5 million. Oregon MHC sets new record. Oklahoma City has first modular hotel. Americans …
Sunday Morning Recap-Manufactured Housing Industry News May 15-May 22, 2016 Read More
The Roaring Fork Valley Regional Planning Commission has approved a proposal for El Jebel Mobile Home Park in Eagle County, Colorado to add 46 modular homes to the 298 existing units in the community. A worker enclave for five decades, the Crawford family has contributed affordable housing to the area …
Forty-six Homes to be Added to El Jebel Mobile Home Park in Colorado Read More
As latimes tells MHProNews, a triple-section manufactured home in Malibu’s Paradise Cove Mobile Home Park sold for $5.3 million, the most ever paid in the area. Listed for sale in March for $5.5 million, it was sold a year ago for $4 million. Pinnacle Estate Properties agent Elizabeth Seaman represented …
Malibu Triple-section Manufactured Home Sets New $$ Record Read More
The Clayton Building at the Knoxville Museum of Art in Tennessee, named for the founder of Clayton Homes and building benefactor, Jim Clayton, is undergoing an HVAC upgrade and will be closed May 22 through May 25, 2016. With its exterior of locally-quarried Tennessee marble, the 53,200 sq. foot four-story …
Setting the new high watermark for manufactured home community (MHC) sales in the Northwest, a multifamily advisory team from Colliers International Portland sold Summer Oaks MHC in Eugene, Oregon for $10.4 million, which translates to $102,000 per home site for the 102-site community. Last year, Colliers also engineered the sale …
Drew Industries, Inc.’s Net profit for Q1 ending March 31, 2016 was $35.96 million as compared to the same period last year of $20.07 million. On May 17 MHProNews noted that the CEO of Drew Industries, Inc. (NYSE:DW), Jason Lippert sold 10,000 shares of Drew stock at $74.13 per share …
Insider Trading: Drew Industries and UMH Properties Read More
While the original Oak Forest manufactured home community in Egg Harbor Townhship, in southern New Jersey had 158 home sites, current owner/developer Ralph Clayton received a use variance from the zoning board in 2007, and site preparation is now in progress for an additional 92 MH sites. The 54.62 acre …
In an interview with Reuters, presidential candidate Donald Trump stated financial reforms implemented under President Obama, specifically the Dodd-Frank Act, and the ensuing Consumer Financial Protection Bureau (CFPB), are stifling the economy and he would ditch most all of their provisions. “Dodd-Frank has made it impossible for bankers to function,” …
Dodd-Frank Act is Harming the Economy, says Donald Trump Read More
The Yellowstone County Commission in Montana unanimously voted against a zone change request from residential tracts to residential manufactured homes (MH) on some 30 acres of vacant land outside Laurel, just south of Billings, but within the city’s zoning jurisdiction following neighborhood complaints against the proposal. Remonstrators allege the development …
County Commissioners deny Request to Rezone Land for Manufactured Home Community Read More
MHProNews has learned from thecourier that the city council of Fostoria, Ohio approved legislation establishing new standards for manufactured homes (MH) sited in residential neighborhoods, outside of manufactured home communities. Under the new law, MH must resemble site-built homes, including being set on a foundation and with similar siding materials …
Ohio City Sets New Standards for Manufactured Homes Outside MH Communities Read More
The Homestead Exemption Program that provides tax relief to homeowners who are either 65 and older or permanently disabled applies to both manufactured and site-built homes in Marion County, Ohio, as marionstar informs MHProNews. The home has to be the principal residence and the occupants must have an adjusted gross …
Manufactured Home Residents could Receive Property Tax Exemption. Read More
MHProNews has learned manufactured and modular housing builder Skyline Corp. will open a new factory in Elkhart, Indiana to produce affordable housing for markets in Indiana, Michigan and Illinois. “The opening of the Elkhart facility is in response to growing demand for our existing community partners,” said Skyline President and …
Skyline Corp. adding Manufacturing Plant in Elkhart, IN Read More
In March, the Laramie (WY) City Council lifted the ban on the sale or transfer of mobile homes built prior to standards of the Department of Housing and Urban Development in 1976, as laramieboomerang informs MHProNews. In Dec. 2015 at issue was an ordinance restricting recreational vehicles (RVs) to no …
City Council to Consider Checkerboarding of Manufactured Homes and RVs Read More
Since 1969, the Federal Housing Administration’s (FHA) Title 1 program has insured mortgage loans made by private lending firms to finance the purchase of new or used manufactured homes (MH), designed to increase the availability of MH financing. In a draft of the Title I section of its Single Family …
Comment Period Open Regarding Title 1 FHA Handbook Read More
MHProNews has been informed by the RV/MH Heritage Foundation that Sally Miener has been chosen as vice president of marketing and development for the non-profit, according to CEO and president of the foundation, Darryl Searer. Miener has more than 24 years experience in a variety of management positions with Continental …
Sally Miener Joins RV/MH Heritage Foundation as Vice President Marketing Read More
