Search Results for: manufactured home communities

Board of Supervisors Denies Application for MH Community

From Virginia, the Daily News-Register says the Page County Board of Supervisors has rejected an application from Century Luray LC to develop a 232-homesite manufactured housing community in Luray, VA.  County attorney George Shanks said that the county code of 1989 did allow for manufactured housing communities in town, but …

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MHARR Comments on HUD Proposed Subpart I Rule

  APRIL 14, 2011 TO:    MHARR  MANUFACTURERS MHARR TECHNICAL REVIEW GROUP (TRG) MHARR AFFILIATED STATES FROM:    DANNY D. GHORBANI RE:    MHARR COMMENTS ON HUD PROPOSED SUBPART I RULE Attached for your review and information is a copy of MHARRs comprehensive comments on HUDs February 15, 2011 proposed rule to amend …

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Residents of MH Community Finally Become Owners

The Salt Lake Tribune reports that when residents of Parkhill Mobile Estates community discovered their landlord had sold the land to a developer to build condos, they banded together, and eventually became the Parkhill Homeowners Cooperative Association (PHCA).  The Salt Lake County Housing Authority (SLCHA) actually bought the land from …

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Fifth MH Community Cooperative Forms in Minnesota

Fridley Patch reports Resident Owned Communities (ROC) USA partnered with the Minnesota Housing Finance Agency (MHFA) and Northcountry Cooperative Foundation (NCF) to help Park Plaza Cooperative become the fifth cooperative manufactured home community in the state.  Located just north of Minneapolis in Fridley, the community’s previous owner said he is …

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Who Will Rejoice if Inflation Increases?

StockMarketsReview.com says with the cost of gasoline, food and other commodities going up, inflation is just around the corner.  But inflation is a positive sign for manufactured housing communities because it’s an inexpensive housing option, and many of the residents are employed in service-related industries that are somewhat inflation protected. …

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MHI Hosts Legislative Meeting in Washington, D.C.

The Winter Meeting and Legislative Congress of the Manufactured Housing Institute (MHI) will be held at the Capitol Hilton Sunday, March 13, through Tuesday, March 15.  Estimates on attendance reported to MHMSM.com range from 60-85 industry members.  The agenda includes members of Congress and HUD who deal with manufactured housing, …

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A Golden Opportunity for Industry Recovery

MHARR logoOver the past twelve years, the manufactured housing industry has been decimated. Every segment of the industry has felt the pain as production has tanked, plants have closed and jobs have disappeared. The impact has been no less harsh for consumers — particularly lower and moderate-income families — many of whom have seen their dreams of home-ownership erased by the same factors propelling the industry’s decline. Through good economic times and bad, while the market for other types of housing has been up and down, the trajectory of the HUD Code industry for over a decade has gone in one direction — downward.

Canadian Builder Moving to Modular

From Canada, Karoleena Homes issued a press release this week focusing on the company’s concentration on urban areas and transition from site-built to modular construction. The release says Karoleena is moving toward sustainable construction, walkable communities and future-ready homes. The move to modular is credited as coming from the growing …

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SBA Re-launches Dealer Floor Plan Pilot Loan Program

A pilot loan program aimed at increasing access to inventory financing for auto, boat, RV and manufactured home dealerships will be re-launched next week and will be effective through Sept. 30, 2013, the U.S. Small Business Administration announced Friday. The Small Business Jobs Act of 2010 included a provision for …

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Stocks Begin Week in the Green

Stocks moved up nearly 70 points on the last day in January after unrest in Egypt sent shivers through markets on Friday. Analysts say investors instead focused on the positive earnings news out of Exxon Mobil and rising commodity prices. Several manufactured housing and related stocks also logged gains. Most …

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MH Stocks Close Lower

Stocks remained essentially flat Thursday while the Manufactured Housing Composite Value lost nearly one percent. The biggest decliner was Deer Valley Corp., down nearly four percent. Sun Communities and Global Diversified Industries posted small gains.

Oklahoma Association Provides Tornado Emergency Outreach

An Oklahoma Legislator is working with the Manufactured Housing Association of Oklahoma to help provide sample emergency plans for manufactured and mobile home communities to prevent deaths in the event of a tornado. Oklahoma State Rep. Pat Ownbey has made several legislative attempts to mandate the emergency plans, but has …

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Canada MH Market Remains Healthy

Unlike the manufactured housing industry in the United States, the market for manufactured homes in Canada remains rather prosperous by comparison. A Canadian Manufactured Housing Institute (CMHI) report for the 3rd quarter of 2010 shows some 3,608 factory-built single-family homes were started in the third quarter, representing a 17 percent …

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Arizona Community Looking to Lure Canadian Snowbirds

From the Calgary Herald comes news that an Arizona manufactured home community is trying to lure Canadians with sunshine and sweet deals. The article notes for the past few weeks, the Canadian dollar has been at, just below or just above its American counterpart. The last time that happened, snowbirds …

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A Report from the Great Green North

Unlike the manufactured housing industry in the United States, the market for manufactured homes in Canada remains rather prosperous by comparison. A Canadian Manufactured Housing Institute (CMHI) report for the 3rd quarter of 2010 shows some 3,608 factory-built single-family homes were started in the third quarter, representing a 17 percent …

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Massachusetts Ends Shed Tax

The Massachusetts Manufactured Housing Association shares news that Governor Deval Patrick signed into law on November 17 a new law exempting sheds less than 120 square feet in a manufactured housing community from taxation. The bill was championed by a resident of Cranberry Village manufactured housing community. Carver may not …

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Stocks Finish Higher Midweek, MH Stocks End Lower

Stocks finished at two-year highs Wednesday as the Dow rose more than 83 points. Performance by manufactured housing and related stocks was mixed, however. Closing higher were Drew Industries, Barnes Group, UMH Properties and Universal Forest Products. Closing lower were Cavco, Deer Valley, Skyline Corporation, Sun Communities and Walker and …

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Alberta Prices Continue to Climb

From Alberta, Canada comes news that despite a slower market, housing prices are on the rise. The Quesnel Cariboo Observer reports that the median value of the 115 single family homes sold in Quesnel 2010 was $181,000. In addition, 21 parcels of vacant land, 53 homes on acreage, 27 manufactured …

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Salina Seeks Solution to Condition of Older Units

From Kansas, the Salina Journal reports community owners are concerned about the city’s effort to clean up some of the town’s 13 mobile home parks. According to the report, Salina’s director of community and development services, told commissioners that city staff found caved-in roofs, missing doors, steps and skirts and …

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