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Legislator Outlines MHC Agenda

According to capegazette.villagesoup, Delaware State Representative Ruth Briggs King, whose race we covered last Nov. 2, 2012, represents District 37, which consists of 25 percent manufactured home residents. In response to a letter to the editor in the capegazette, Rep. King writes of the legislation she intends to introduce that …

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Water is Clear, Legalities could get Muddy

Updating a story MHProNews posted Jan. 14, 2013 about residents of Killam Properties, Inc.’s Mountain View Estates MHC at Lake Echo, Nova Scotia, Canada having to boil their water (or buy it bottled) for 14 months, it is now safe to drink for the 300 families who live there. One …

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Eliminating GSEs could Still Leave Taxpayers Exposed to Risk

According to Anthony Randazzo, director of economic research at Reason Foundation, the federal government’s continued belief that everyone should own a home is what created the housing bubble in the first place, and it could happen again. Writing in the Orange County Register, he says with Fannie Mae and Freddie …

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MOD Prod. Moves into School

According to the superiortelegram, the tiny town of Maple, Wis. (pop. 749) will see its revered old schoolhouse revived as a modular home manufacturing plant that will employ up to 30 people. The only other large employer in this far northwestern corner of the state is the school system, which …

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The Oracle of Omaha Opines

CNNMoney reports Berkshire Hathaway Chairman Warren Buffett, noting the sell-off in stocks recently when Federal Reserve meeting minutes indicated some members wanted to slow the buying of assets, says once the Federal Reserve actually starts selling the trillions in mortgages and Treasuries, the market reaction could be extreme. “All over …

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Cuts could Cut those Wounded even More

HousingWire tells MHProNews the $85 billion sequestration cuts may affect several housing initiatives, including ones aimed at low-income households and individuals. The National Association of Realtors (NAR) says the Federal Housing Administration (FHA) admitted the time frames for FHA loans may be impacted; furloughs at the Dept. of Agriculture may …

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Modular Proponent Steps Down

MHProNews has learned from enterprisenews that Richard Sergi will step down as executive director of the Brockton Housing Authority (BHA) after 22 years in the post, as he battles cancer. The Massachusetts Chapter of the National Association of Housing & Redevelopment Officials awarded Sergi with their President’s Award in 2011. …

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MH Purchaser Displeased with Home

The setexasrecord tells MHProNews an east central Texas woman has filed suit against Oak Creek Homes of Vidor, TX accusing the dealer of deceptive trade practices and breach of warranty for a manufactured home she bought in Sept. of 2010 for $55,406. Noting the home has been repaired ten times …

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UMH Goes Shopping

StreetInsider informs MHProNews that UMH Properties, Inc. (NYSE:UMH) has finalized its deal for ten all-age MHCs for $67,500,000, a total of 1,654 developed home sites to add to its portfolio. The acquisition includes five communities in Ind., four in Penn., and one in Mich., with an average occupancy of 85 …

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A New Meaning for “Tight Squeeze”

guardian.co.uk tells MHProNews 100,000 people in Hong Kong live in tiny cubicles, about the size of a large closet in the U.S., but tall. Home prices are 12.6 times the average median income, resulting in the government subsidizing nearly half of the population’s housing.  The Society for Community Organization in …

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Bill would Streamline MH Recovery

ValleyMorningStar reports from Austin, TX, State Senate Bill 499 would streamline the process that allows MH owners who have un-imbursed legal claims against MH dealers to access reimbursement from a fund established by the state. The Manufactured Homeowners Recovery Trust Fund pays actual damages through a budgeted $300,000 yearly fund. …

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Pro Athletes Fund Low-income Housing

OurMidland reports grants from two community development organizations have helped the United Athletes Foundation (UAF) launch their $100 million tax credit equity fund program to invest in low to moderate mixed-income residential rental properties throughout the nation, and encourage corporations to do the same. A 501 © (3), UAF is …

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Landys, UMH Feted for BSA Service

From Freehold, NJ, gmnews reports Gene Landy and Sam Landy and UMH Properties, Inc., have been honored by the Monmouth (NJ) Council, Boy Scouts of America, for their leadership and philanthropy in support of the scout movement. Council President Kurt Kalafsky said, “This recognition reflects Gene and Sam’s dedication to …

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Nathan Smith takes over as MHI Chairman, as Don Glisson, Jr. steps down

Don Glisson, Jr. has stepped down as Chairman of the Manufactured Housing Institute (MHI) for personal reasons. Nathan Smith, who was previously elected vice-chairman, has now assumed the role of chairman. A motion was passed thanking Don Glisson Jr. for his service, who as president of Triad Financial Services will …

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Gay A. Westbrook, New Face at MHI

MHProNews has been informed Gay A. Westbrook has been chosen to promote the Manufactured Housing Institute’s (MHI) legislative and political agenda as Vice-President of Political and Public Affairs. With over two decades experience developing policy initiatives, grassroots support, and fundraising, she will also coordinate efforts at the state association level …

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Museum Whittling away at Debt

The RV/MH Hall of Fame Museum in Elkhart, Ind. still has until April 30 to reach the $150,000 contribution mark to meet the Robert “Boots” Ingram family’s challenge grant that would pay off the Hall’s bank note to 1st Source Bank. Contributions so far are just under $50,000, leaving about …

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Hall of Fame Names Inductees

RVBusiness informs MHProNews the RV/MH Heritage Foundation in Elkhart, Ind. has announced the names of those to be inducted into the Class of 2013 RV/MH Hall of Fame. In addition to five inductees from the RV sector, which includes Lawrence Lippert, founder of Lippert Components, Inc., now a subsidiary of …

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And Now for Something Different…

MSN Real Estate is running a video of the late veteran newscaster Walter Cronkite doing his regular half hour news show in 1967, predicting the rise of home offices in the 21st century. Although several of his devices are larger than what we actually use today, he accurately predicted video …

And Now for Something Different… Read More

Rep. Senators want to Alter CFPB

The Manufactured Housing Institute (MHI) informs MHProNews Sen. Jerry Moran (R-Kan.) introduced legislation to replace the Consumer Financial Protection Bureau (CFPB) director with a five-member commission, and make it accountable to the same appropriations as most other federal agencies. House Financial Services Committee Chairman Jen Hensarling (R-TX) indicated that the …

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