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mhilogo-Manufactured and modular housing industry news uncategorized

MHI Week In Review — January 6, 2011

  MHI Members Urged to Contact District Congressional Offices – Energy Efficiency Home Tax Credit Expired on December 31, 2011 The federal tax credit for manufacturers who build energy efficient homes (Section 45L) expired on December 31, 2011. After extending the Social Security payroll tax cut, unemployment benefits and Medicare …

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Rent Control Out at Surf and Sand

by Eric Miller Rent control isn’t such a hot topic in California anymore, except when it comes to ‘mobile home’ and manufactured housing communities. That’s because most communities in the state don’t have vacancy control. When an apartment turns over, rents revert to a market rate. Manufactured home communities are …

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Tankless Water Heater Recall Announced

The U.S. Consumer Product Safety Commission, in cooperation with Navien Instantaneous or Tankless Water Heaters, recently announced a voluntary recall of several tankless water geaters. Consumers should stop using recalled products immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product. The heaters …

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PHH Corp. Losing Ground, says S&P

Mortgage company PHH Corp. watched its stock fall nearly 15 percent last week after Standard and Poor’s Rating Services downgraded the company’s credit and unsecured debt from BB+ to BB-, according to HousingWire. S & P does not think PHH can repay the $423 million in debt due in March …

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RV/MH Hall of Fame Museum Still Going

RVTimes tells MHProNews.com the RV/MH Hall of Fame Museum in Elkhart, Indiana, has managed to keep its doors open despite a debt of nearly $5 million as of last April when Tom McNulty took the reins as executive director. He says, “There are some good things happening and actually our …

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Zoning Change to Restrict MH

The Mount Vernon, Illinois, Zoning and Planning Commission is considering an ordinance change     that restricts manufactured housing to communities, instead of conditional permit zoning. The Register-News tells MHProNews.com that Mt. Vernon City Councilman David Wood says, “We’re trying to get away from spot zoning,” Wood said. “The way the ordinance …

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Productive MHAAR- GNMA opens window of opportunity on FHA

A delegation of MHARR Board officials and staff met on December 14, 2011 with Government National Mortgage Association (GNMA) President Theodore W. Tozer and other senior GNMA executives to address GNMA’s securitization requirements for Federal Housing Administration (FHA) Title I manufactured housing loan originators and the negative unintended consequences of …

Productive MHAAR- GNMA opens window of opportunity on FHA Read More

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Fire Sprinkler, In-plant Regulation and MHCC-Related issues — Status Report

As was explained and detailed at the November 4, 2011 MHARR Board of Directors meeting, MHARR is continuing to target and aggressively press three key pending regulatory and program-related issues administratively with HUD — (1) the HUD-Manufactured Housing Institute (MHI) fire sprinkler standard accepted by the Manufactured Housing Consensus Committee …

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Galante’s Nomination to Head FHA Sent to Full Senate

NationalMortgageNews reports Republican Senators want the Obama administration to more forcefully strengthen the Federal Housing Administration (FHA) before confirming Carol Galante to head the agency. They also seek a plan for dealing with GSEs (government -sponsored enterprises) Fannie Mae and Freddie Mac. Sen. Jim Demint, (R-SC), leveling charges at Ms. …

Galante’s Nomination to Head FHA Sent to Full Senate Read More

Ken Cashin’s Political Windstorm

TampaBay reports a $33 million program over the past 12 years to retrofit thousands of pre-HUD Code homes with anchors to make them more storm resistant has come under fire for not living up to its expectations. Longtime manufactured housing supply businessman and lobbyist for the MH industry, Ken Cashin, …

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MHC to Become Historical Landmark?

SantaMonicaDispatch reports the Monterey Trailer Park in Los Angeles, California, was declared a Historical Cultural Monument Landmark in 2002 by the city of Los Angeles for being “a prime example of an early 20th Century recreation and housing resource in the booming Post WWII Los Angeles area.” It was originally …

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Housing Recovery: Around the Corner?

HousingWire reports Radar Logic, which tracks home values in 25 metropolitan areas, says while home prices fell 4.4 percent for the year ending September 2011, the survey shows home sales increased 15.4 percent in those markets year-over-year in Sept., the largest gain for the month of Sept. since 2003. Michael …

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MH Field Hearing Yields HUD, MHI, Industry, and Resident Viewpoints

At the “State of the Manufactured Housing Industry” Congressional Field Hearings in Danville, Virginia, Nov. 29, members of the House Congressional Subcommittee on Housing, Insurance, and Community Opportunity heard from a variety of persons in the MH arena. Henry Czauski, Acting Deputy Administrator for the Office of Manufactured Housing programs, …

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Alabama Illegal Immigrant Law Leads to Class Action Suit

In a follow-up to a story from Nov. 25, 2011, TheWetumpkaHerald in Elnore, Alabama, reports a federal lawsuit challenging Alabama’s illegal immigration enforcement act has been filed, naming Elnore County’s Probate Judge Jimmy Stubbs and Revenue Commissioner Julie Magee as defendants. Two illegal immigrants, named John Doe 1 and John …

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Coalition Follow-Up with FHA Commissioner

MHARR and the Manufactured Housing Institute (MHI) acting jointly as The Coalition to Advance Manufactured Housing (Coalition), held a conference call on November 22, 2011 with FHA Commissioner Carol Galante and other HUD officials.  The purpose of call was to follow-up on the three specific agreed issues (i.e., easing FHA …

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Congressman says: “I will do anything short of shooting them”

In a follow up report on a prior story in MHProNews, CourthouseNews reports that Congressman Mo Brooks of Alabama stated his position against undocumented immigrants by saying “As your congressman, on the House floor, I will do anything short of shooting them.” This statement is part of the rallying cry …

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Pres. Obama Signs FHA Bill to Raise Loan Limits

HousingWire reports a bill reinstalling higher conforming loan limits for the Federal Housing Administration (FHA) was singed into law Friday morning, Nov. 18, by President Obama. Both the House and Senate had passed the bill by over a two-thirds majority on Thursday. The FHA can now insure loans up to …

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Economic Woes Lead to MH Zoning Change

TheTandD reports from South Carolina the Orangeburg County Planning Commission has finalized zoning plans that would allow single-section manufactured homes to be sited in an area already populated by site-built and sectional manufactured homes. During their November meeting the commissioners approved the creation of the RS-2 Single-family/Manufactured Home District. According …

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MH on the Move in New York

Uticaod reports from New Hartford, New York, just west of Utica, the town has issued more permits for manufactured housing this year than in the previous two years combined. There have been only seven permits for site-built homes this year. Noting the 31 permits for MH, New Hartford town Codes …

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mhilogo-Manufactured and modular housing industry news uncategorized

MHI Week In Review – November 11, 2011

MHI joins Business Coalition in Support of the Extension of Expiring Tax Credits Once again, a number of important temporary tax incentives, frequently called “tax extenders” are scheduled to expire on December 31st, clearing the way for a tax increase on millions of U.S. taxpayers, businesses, and organizations that benefit …

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