Rick Robinson of the Manufactured Housing Institute (MHI) has informed MHProNews that the city council of El Monte, California, county of Los Angeles, on March 30, 2015 approved Urgency Ordinance No. 2852 to extend the existing manufactured home (MH) rent stabilization for an additional three months, through July 3, 2015. …
Updated Rent Stabilization for Manufactured Home Communities due in June Read More
MHProNews has been informed by Caitlin Nauert of the Texas Manufactured Housing Association (TNHA) the Texas Senate has passed SB 1264 and the House has approved companion bill HB 1990 which will allow multifamily modular construction to be four stories tall instead of the current three stories. Of the 6,268 …
Net sales for Drew Industries, Inc. (NYSE:DW) in the first quarter of 2015 rose to a quarterly record $361 million, 27 percent higher than for the same period 2014, resulting in net income of $20.1 million, $0.82 per diluted share, versus $16.2 million, or $0.67 per diluted share for the …
Drew Draws Aces, Posting Record First Quarter 2015 Read More
MHProNews has learned from globenewswire that manufactured and modular home builder Cavco Industries, Inc. (NASDAQ:CVCO) has acquired Fairmont Homes, Inc. of Nappanee, Indiana through its wholly-owned subsidiary, FH Group, LLC.. With manufacturing plants in Indiana and Minnesota, Fairmont produces manufactured and modular homes and park model recreational vehicles (RVs), and …
Cavco Acquires Manufactured Home Producer Fairmont Read More
Based on official statistics gathered on behalf of the Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in March hit 5,602, a 14.3 percent increase over the 4,899 homes produced in March 2014. This …
HUD Code Manufactured Home Production Continues Rising Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) has informed MHProNews of a letter sent by Rep. Sean Duffy (R-WI), Chairman of the House Subcommittee on Oversight and Investigations, to Housing and Urban Development (HUD) Director Julian Castro regarding a conflict of interest in the awarding of a contract. A …
Letter from Rep. Sean Duffy Seeks Info Concerning Manufactured Housing Contract Read More
ROC USA (resident-owned communities) informs MHProNews that with the co-op status of Turnpike Park Cooperative in Westborough, Massachusetts secured, it has now transformed 168 communities representing 10,017 homes in 14 states into resident ownership. Scott Knox, president of Turnpike’s board of directors of the 46 homes which refinanced its purchase …
Resident-owned Manufactured Home Communities Celebrates 10,000th Homesite Read More
A disabled veteran in Birch Run, Michigan has evidently received an eviction order from Birchwood Farms manufactured home community (MHC), and has been told he and his wife and three children have 30 days to leave. Although Gordy Harris says he has never been late on his rent, according to …
Disabled Vet gets Eviction Notice from Manufactured Home Community Read More
Noting that the technology involved in manufactured housing (MH) has improved greatly over the years, especially since the inception of the federally regulated HUD Code in 1976, Robin Roy, writing for the Natural Resources Defense Council blog, Switchboard, says MH is poised to continue to play a vital role in …
Energy Efficiency on the Table at MHI’s Expo in Las Vegas Read More
“We believe that the manufactured housing mortgage space is poised to make a comeback in the capital markets,” says Stephan Wheeler, managing director and chairman of HAS Capital, LLC. HAS has just appointed Scott MacFarlane to manage the company’s manufactured housing (MH) funding programs and develop their national originations platform, …
HAS Hires MacFarlane for New Manufactured Housing Position Read More
Carefree Communities, Inc. of Scottsdale, Arizona acquired Central Park manufactured home (MH) and recreational vehicle (RV) communities in Haines City. Florida, April 23. Located 90 miles from Tampa and Orlando, the age-restricted 55+ Central Park MH has 110 homesites, and the Central Park RV community has 368 sites. Both communities …
MHProNews has learned from riverheadnewsreview on Long Island, New York that single-family home construction has risen in Riverhead Town, nearly doubling last year over 2013, including factory-built homes. Although it is considerably less than the 381 permits let in 2002 and 271 in 2003 in the run-up to the housing …
Following a story MHProNews last published March 18, 2015, regarding Buncombe County, North Carolina officials considering lifting a ban on manufactured homes (MH) in all residential areas of the county, over a dozen residents spoke opposing it at a Board of Commissioners meeting April 7. Although the topic was not …
County Hears from Citizens Regarding Expansion of Manufactured Housing Read More
Distributor of building and component supplies to the manufactured housing (MH) and recreational vehicle (RV) industries, Patrick Industries, Inc. (NYSE:PATK) reports for Q1 2015 net sales increased $53.5 million, 31.3 percent, to $223.4 million from $170.1 million for the same period of 2014. Sales to the MH industry rose 18 …
A man in Arizona claiming to be a contractor, licensed manufactured home mover and man of God “doing the Lord’s work” is actually convicted con artist Gerald Brenner, according to the Pima County Sheriff’s Department (PCSD)in Tucson. Alleged victim Nigel Morgan contacted him through an ad on Craigslist, and now …
Disappearing Manufactured Homes Sold by Alleged Con Man Read More
Rick Robinson of the Manufactured Housing Institute (MHI) informs MHProNews that Executive director Frank Bowman, of the Illinois Manufactured Housing Association (IMHA), and his staff drafted SB 1702, convincing the IL Secretary of State’s office that manufactured homes (MH) and park models, while they are vehicles, are non-motorized vehicles. This …
While many studies have shown that homeownership continues to be a large part of the American Dream, the Joint Center for Housing Studies at Harvard University reports in 2013 home purchases fell for the ninth consecutive year, and homeownership has dropped to 65 percent, the lowest rate in 20 years. …
Manufactured Housing may Become the New American Dream Read More
In a message to MHPronews from Nathan Smith, Chairman of the Board of Directors of the Manufactured Housing Institute, he notes the House has passed HR 650 April 14 by a bi-partisan vote of 283-162, and implores those involved in the manufactured housing industry to contact their two senators to …
IMPORTANT! Tell Your Senators to Support Manufactured Housing Read More
Tim Williams, Executive Director of the Ohio Manufactured Homes Association (OMHA), testified in support of state Senate Bill 134 which would allow recovery of legal fees by manufactured home community owners and retailers who are wrongfully charged with civil rights and fair housing complaints. Williams told Senate Civil Justice Committee …
Although over 200 people who lost their homes in the Colorado flooding of 2013 would like to return to Lyons, CO, on March 24 over 50 percent of the town’s voters rejected a proposal to allow 50 to 70 units of affordable housing on five to seven acres of 25.66 …
Committee Member wants Manufactured Housing to Lure Flood Victims Back Read More
