A $660,800 grant from the New York State Division of Homes & Community Renewal (NYSHCR) will be used to replace dilapidated owner-occupied pre-HUD Code homes with energy-efficient manufactured homes in Otsego County, as reports thedailystar. Karen Sullivan, Otsego County Planning & Solid Waste Director, says over the next two years …
Program in Second Year to Replace and/or Repair Manufactured Homes Read More
William Matchneer, who once served as head of the Manufactured Housing Program at the Department of Housing and Urban Development (HUD), and from 2011 to 2014 with the Consumer Financial Protection Bureau (CFPB), recounts how implementation of the Dodd-Frank Act directives for High-Cost Mortgages under the Home Ownership and Equity …
Former Head of Manufactured Housing at HUD Urges Passage of S. 682 Read More
Manufactured home community (MHC) operator UMH Properties, Inc. (NYSE:UMH), in posting its 2nd quarter financial results for 2015, reported $0.12 earnings per share, missing analysts consensus estimate of $0.16 by $0.04, according to prnewswire. Net operating income from community rose 18 percent to $8.8 million for Q2 2015 as compared …
According to what progress tells MHProNews, there are several macro trends in the U. S. that could drive demand for manufactured home community (MHC) living. The aging population, according to the Census Bureau, consisting of 76 million baby boomers, nearly a quarter of the population, many of whom do not …
Aging Population with Insufficient Retirement Funds Leads to Manufactured Home Community Read More
A proposed zoning change by the North Myrtle Beach Planning Commission to a .61 acre parcel of land in South Carolina to correct an original error in a zoning map has raised concerns by neighbors that a manufactured home may be sited on part of it. Part of the parcel …
Zoning Change Could Usher in Possible Manufactured Homes Read More
In its report of first quarter 2016 financial results, Cavco Industries, Inc. (NASDAQ:CVCO) says net income per share, based on basic and diluted weighted average shares outstanding, was $0.61 and $0.60 respectively, as compared to $0.65 and $0.64 for the same quarter 2014. According to cnnmoney, net revenue for Q1 …
Cavco Industries Reports Financials for First Fiscal Quarter of 2016 Read More
A plan to develop a 302 site seniors manufactured home community (MHC) in Nulkaba, New South Wales, Australia has been derailed by the Cessnock City Council, citing objections from neighbors who complained it would detract from the rural character of the neighborhood, and would increase alcohol abuse, crime and trespassing …
Planned Australian Manufactured Home Community Denied Read More
As a means of capitalizing on 1950’s TV series like “Gunsmoke,” “Rawhide,” and “Daniel Boone,” Bill Patton and Bill Pacy created Frontier Town in Ocean City, Maryland in 1959, and four years later added the 600-site Fort Whaley Campground. Manufactured home community (MHC) and recreational vehicle (RV) resorts owner Sun …
Sun Communities Corrals Eastern Wild West Show and Campground Read More
A Securities and Exchange Commission (SEC) filing dated August 4, 2015, reveals M. Scott Welch, a director of Patrick Industries, Inc. (NASDAQ:PATK) purchased 10,000 shares of company stock at $36.00 per share for a total of $360,000 on Aug. 3. While Patrick has lost 2.57 percent during the last week …
The Manufactured housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics released by the Department of Housing and Urban Development (HUD) indicate production of HUD Code homes for June, 2015 rose 7.8 percent above June, 2014 production to 6,062 homes over last year’s 5,624 homes. On the year, HUD …
The Class of 2015 includes: (back row l-r) Paul E. Hanser, HWH Corporation; Bert V. Alanko, MBA Insurance; Joe Kelly, Iowa Mfg Housing Association; (front row l-r)Jerry W. James, Franklin Homes, Inc.; Bill Thomas, Bill Thomas Camper Sales; Marlene A. Sine, Marlene Sine & Associates, Inc.; Richard A. Mendlen, Manufactured …
MHProNews has learned from bizjournals the former Oakwood Homes corporate headquarters in Greensboro, North Carolina has been sold to Stanley Benefits Services for $8.1 million, which will occupy 30,000 square feet of the 130,000 square-foot building. Oakwood, a builder of manufactured and modular homes with locations around North Carolina, vacated …
News from KWQC TV6 in Davenport, Iowa informs MHProNews that residents of Lake Canyada manufactured home community (MHC) near Davenport were scheduled to vacate the community by 11:59 PM July 1, and while many had already left, Phillip Hicks, a resident of 28 years, and his wife, Linda, were still …
Manufactured Home Community Closing, Set to be Sold Read More
For the second quarter 2015, sales at Drew Industries, Inc. (NYSE:DW) gained 13 percent over Q2 2014 to $362 million, one million over the first quarter to set a record, producing net income of $20.9 and earnings per share of $0.85, although short of consensus expectations of $0.93 per share. …
Drew Sales Gained in Q2 2015 over Same Period 2014 Read More
MHProNews has learned from the Virginia Manufactured and Modular Housing Association (VAMMHA) the state statistics for manufactured home (MH) shipments for June 2015 were comparable for June 2014. Last year, VA had 88 MH shipments—38 single-section, 50 multi-section—for a total of 139 floors versus 88 MH shipments this June—40 single-section, …
Virginia Manufactured Home Shipments similar to 2014 Read More
In response to a question posed by a reader of citizen-times in Asheville, North Carolina, MHProNews has learned Buncombe County, the county seat where Asheville is located, has 20,681 manufactured homes with a tax value of $476.7 million. Writer John Boyle said the number has not changed much from 2004 …
Manufactured Home Numbers Remain Stable in North Carolina County Read More
Port Orange, Florida’s Triangle Realty has managed to survive nearly 30 years of the economy’s up and downs by diversification. Owner Bob Marandino deals in manufactured homes (MH), residential sales and condos and property management, according to news-journalonline. “When one area is down another is up. We’ve been successful and …
Florida Realtor expects Baby Boomers will Drive Manufactured Home Sales Read More
Representative Keith Ellison (D-MN) introduced H. R. 3275 on July 29, 2015 to authorize the Secretary of Housing and Urban Development (HUD) to issue funding to owners of manufactured homes for the replacement of those homes with Energy Star-rated manufactured or modular homes, as MHProNews has learned from popvox. According …
House Measure would Replace older Manufactured Homes with New Ones Read More
What’s New in public focused Manufactured HomeLivingNews.com Art Linkletter and Manufactured Housing today Maintaining Quality and Strength While Saving Homebuyers Money – Inside MH Video with Mike Stone, part 2 What’s New in Manufactured Housing Industry Professional News Texas city lifts ban on MH after show of strength by industry …
Sunday Morning Recap-Manufactured Housing Industry News July 26-Aug. 2, 2015 Read More
Following a story MHProNews posted July 29, 2015 regarding a Request for Information (RFI) from the General Services Agency (GSA) concerning manufactured homes for the Federal Emergency Management Agency (FEMA), the Manufactured Housing Association for Regulatory Reform (MHARR) says it is “questionable.” MHARR states FEMA may be seeking suppliers of …
