Word has arrived from New South Wales (NSW), Australia that manufactured home community (MHC) owner Ingenia Communities has acquired South West Rocks Tourist Park in NSW for $8.5 million ($6.03M USD), but only the business and not the land, reports abc.net.au. As MHProNews posted Oct. 21, 2015, Ingenia acquired Lakeside …
Ingenia Buys Tourist Park, Adding 54 Manufactured Homes Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that the Federal Housing Finance Agency (FHFA) has issued a new “duty to serve (DTS) underserved markets” provision of the Housing and Economic Recovery Act of 2008 (HERA). However, the DTS credit will not be available under the proposal for …
MHARR Underscores Need for MH Chattel Loans to be Included in new Duty To Serve Proposal Read More
The Manufactured Housing Institute (MHI) informs MHProNews that congressional leaders have announced a $1.1 trillion omnibus appropriations spending bill to keep the government funded through fiscal 2016, but none of the Dodd-Frank Act reforms were included. Rep. Stephen Fincher (R-TN), the sponsor of the Preserving Access to Manufactured Housing Act …
Dodd-Frank Reform not Included in Omnibus Appropriations Bill Read More
The Federal Housing Finance Agency (FHFA) released a plan today, Dec. 15, 2015, that gives owners of manufactured home communities (MHCs) the opportunity to access financing by Fannie Mae and Freddie Mac (the GSEs), according to what nationalmortgagenews tells MHProNews. It also would provide incentives for states to convert manufactured …
FHFA Proposal could Reform Sale of Manufactured Homes Read More
According to wareham-ma.village soup, Wareham, Massachusetts Selectmen Peter Teitlebaum reported to other members of the Wareham Board of Selectmen that he testified at a legislative hearing in Boston in support of Wareham’s home rule petition. It would allow the town to count manufactured homes as affordable housing in order to …
Massachusetts Town wants to Classify Manufactured Homes as Affordable Housing Read More
As MHProNews reported April 25, 2014, Stonecliff Properties was replacing the infrastructure at its Port Edward manufactured home community (MHC) in the far northwest of British Columbia, Canada in Port Edward, just south of Alaska. Stonecliff restricted access to the community to work vehicles and equipment only, from April 28 …
Residents Removed from Land Lease Community in north British Columbia Read More
A writer posed a question to columnist Roy Booker in the quadcitytimes asking what are the rules regarding siting a manufactured home (MH) on a private lot in several Iowa cities. Ryan Rusnak, in Community Planning & Economic Development for the city of Davenport, said an MH could occupy any …
Following a story MHProNews initially posted Nov. 13, 2015, regarding a new ordinance in Mohave County, Arizona that requires manufactured homes (MH) moved within the unincorporated areas of the county to be no older than seven years, MH owners protested at the County Commission meeting, leading commissioners to postpone voting, …
Commissioners Step Back from Restrictive Seven-year Ordinance Read More
Every year, the First State Manufactured Housing Association in Delaware donates a scholarship to a high school senior or graduate who has lived in a manufactured home in the state for at least one year, according to capegazette.villagesoup. As MHProNews reported June 19, 2013, candidates are judged on their scholastic …
Delaware Association Bestows Scholarships on Students who Reside in Manufactured Homes Read More
What’s New in public focused Manufactured HomeLivingNews.com Why Families, Singles and Couples are Attracted to Good Manufactured Home Communities Police Chief’s Wife is on Town Council and Loves Manufactured Home Living What’s New in Manufactured Housing Industry Professional News Homeless Housing in Dublin in Dispute. FEMA CA Wildfire Housing to …
Sunday Morning Recap-Manufactured Housing Industry News Dec. 6-Dec. 13, 2015 Read More
Manufacturer and distributor of component products for the manufactured housing and recreational vehicle industries, Patrick Industries, Inc. (Nasdaq:PATK) has announced that Andy Nemeth will be the firm’s new president as of Jan 1, 2015, moving up from Executive Vice President of Finance and CFO. According to insideindianabusiness, Joshua Boone, who …
MHProNews has learned from foxnews the Senate has passed a short-term spending bill that will keep the government open until Wednesday, Dec. 16, so negotiators can have more time to hammer out a longer term measure. While lawmakers are trying to come together on a $1.1 trillion budget deal to …
Temporary Spending Measure Passes to Keep Government Open Read More
MHProNews has been informed by analystratings that CEO of Skyline Corp (NTSE:SKY) Richard Florea bought shares of Sky for $3,120, which increases his holdings by 5.71 percent. Florea bought the stock, according to Skyline’s website, at $3.12 per share for the 1,000 shares, and now owns 18,500 shares. MHProNews last …
Informed sources tell MHProNews that Clayton Homes (CMH) has closed on a manufacturing facility in Athens, TX. According to the source, the production is scheduled to begin in the fall of 2016. Athens Venture Capital, LLC was the seller to CMH. The move signals the continued recovery of manufactured housing, …
In a letter from “Voice of the People” in theledger, MHProNews and MHLivingNews Publisher L. A. “Tony” Kovach appeals to his Florida neighbors to contact their congresspersons, and encourage them to attach a rider to a must-pass appropriations bill that will expand financing options for MH buyers/sellers. But he can …
Kovach asks Community to Contact Congress in Support of S 682 Read More
MHProNews has been told by heraldtribune of word coming from Bradenton, Florida that the cost to build a home in Manatee County is likely to rise by thousands of dollars following approval by the Manatee County Planning Commission to resume impact fees on new construction to benefit schools. These impact …
One-time Fee would Raise the Cost of a Manufactured Home Read More
MHProNews has learned from washingtontimes that the owners of the Arbor Americana Manufactured Housing Community of Flat Rock, Michigan have settled a lawsuit over sewage overflows brought by the Michigan Department of Environmental Quality. The state alleges the MHC owners, in neglecting to repair the wastewater system, exposed residents of …
While H. R. 650, the Preserving Access to Manufactured Housing Act passed the House in April with bi-partisan support, the Senate companion bill S 682, cannot pass the Senate as a standalone measure because it would be vetoed. If, however, it is attached as a rider to the must-pass appropriations …
Manufacturing Housing Pros rallying Troops for More Financing Options in 2016 Read More
In a step towards rebuilding the lives of those displaced by the wildfires in northern California, as MHProNews last reported Nov. 4, 2015, nine of 15 manufactured homes (MH) provided by the Federal Emergency Management Agency (FEMA) will be ready for occupancy by the end of the week. Lake Village …
First FEMA Manufactured Homes will be for Seniors Displaced by Valley Fires Read More
Kingsley management, which had undercharged hundreds of residents for rent and water at three manufactured home communities (MHC) in three Colorado cities, initially offered payment options, but then threatened eviction, according to thedenverchannel. The company’s lawyer had told the residents in the Front Range MHC not to pay the back …
MHC Management Sets Payment Plan for Miscalculated Charges Read More
