“In the business world, the rearview mirror is always clearer than the windshield.” – Warren Buffett. We begin our new, periodic Flashback Friday series with some pithy Rearview Mirror quotes and images, starting with the one above that the Sage of Omaha has long applied in discerning where to invest. Buffett is known …
Washington, D.C. – The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews that after review of the Federal Housing Finance Agency (FHFA) release of its final rule to implement the “Duty to Serve Underserved Markets” (DTS) provision of the Housing and Economic Recovery Act of 2008 (HERA), the organization sees …
MHARR: FHFA Final Duty to Serve Rule Continues to Fail Manufactured Home Buyers Read More
Representative Garret Graves (R- LA) is not pleased with the Federal Emergency Management Agency (FEMA). “FEMA’s response to the catastrophic floods that damaged much of south Louisiana in August has been unacceptable and needs to be ‘Cajunized,’” Graves told the Press Club of Baton Rouge on December 12th. The term …
Cajunize! State Rep Says FEMA Response “Defines Common Sense” Read More
Perhaps no statement of support for modern manufactured housing is stronger than when someone connected with the industry buys a home for themselves, or their beloved family members. That’s the ‘heart’ of the story behind Paul Bradley, ROC USA president, purchasing a manufactured home for his mother, Lois Bradley. Bradley …
Paul Bradley – Mom and I Believe in Manufactured Homes! Read More
The Linton, Indiana City Council voted on December 12th to move forward with a manufacturing housing ordinance, which will require all future manufactured homes to be in a manufactured home community. The controversial motion passed with a 3-2 vote, with council members Tony Richards and Linda Bedwell casting dissenting votes. …
City Council Approves Controversial Manufactured Housing Ordinance Read More
The Federal Housing Finance Agency (FHFA) finalized a rule on December 13th that creates a “duty to serve” for Fannie Mae and Freddie Mac. The action is aimed at having government-sponsored enterprises (GSEs) enter the market for manufactured home loans by creating a pilot program under which they receive credit …
FHFA Makes Major Move, Significant Impact Expected on MH Loans Read More
Residents of a San Leandro, California manufactured home community are facing rent increases next month, but they may get assistance from city leaders through a proposed minor home repair program. According to the East Bay Times, the proposal was presented by San Leandro staff at the City Council meeting on …
City Weighs Repair Assistance Options for MH Community Residents Read More
The National Federation of Independent Businesses’ (NFIB) small business optimism index rose from 94.9 to 98.4 in the wake of president-elect Donald Trump’s victory in the U. S. elections, marking the largest increase since 2009. “This month we bifurcated the data to measure the results before and after the …
Business Optimism Rises with Trump’s Ascendancy, as Energy Issues take Center Stage Read More
Spur, Texas. Portland, Oregon. Fresno, California. All of these cities have jumped on board with the “tiny house” movement as a solution to the housing crunch. It looks like San Luis Obispo, California may become the next to join them. According to the San Luis Obispo Tribune, a local nonprofit, …
New Mayor, Local Nonprofit, See Solution to Housing Crunch in Tiny Homes Read More
Hundreds in Washington D.C. braved cold temperatures overnight with hopes of being considered for affordable housing being made available. According to WUSA 9, the first 200 people in line were accepted inside to begin their applications. If approved, they would be put on a waiting list for affordable housing at …
Hundreds Wait in Line for Affordable Housing, Solution Remains in Plain Sight Read More
UMH Properties (NYSE: UMH) is seeing significant growth in Nashville, Tennessee and hopes to shed the “trailer park” perception around manufactured housing. Could positive publicity also be fueling a rise in stock prices for the Freehold, New Jersey based company? With the sharp rise in demand for housing, UMH wants …
UMH Draws Publicity, Stock Price Spikes…Coincidence? Read More
A resident of a manufactured home community in Bradenton, Florida who was helping clean out a neighbor’s home Saturday morning was greeted with a nasty surprise – a grenade strapped to a package with a highly flammable substance. According to a news release, the resident of the manufactured home at …
Dangerous Surprise Found by Neighbor Cleaning Out Manufactured Home Read More
As December rolls on, a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: DAAD = Dramatic! Advent! Adventure! December 2016! To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, please click the link …
The Stuttgart, Arkansas City Council voted to table Ordinance 1943 during a December 6th meeting. While the feeling is that more clarity is needed, the stakes could be incredibly high. The Stuttgart Daily Leader reports that the proposed ordinance, recommended by the Stuttgart Planning Commission, would amend the code to …
City Council Tables Manufactured Home Ordinance, Industry Pro Speaks Out Read More
“Since the Dodd-Frank Wall Street Reform Act was enacted six years ago, members of Congress have attacked the law, including the Consumer Financial Protection Bureau (CFPB), tirelessly” states a letter from CFED sent this morning (see attachment download, near the end of this post, below). “…the next Congress and Administration …
CFED, Others Decry Possible Fate of the CFPB: What Will Trump Do? Read More
The housing and human services commission in Sunnyvale, California, has made a significant recommendation to the city council. Per the San Jose Mercury News, on November 16th the commission unanimously voted to rank “rent stabilization” as the top issue to recommend that the city council study in January. The recommendation …
MHCs and Rent Control – Cure or Cause for Affordable Housing Crisis? Read More
The two-and-a-half-year saga for the Kashechewan First Nation of Northern Ontario, Canada is finally over. According to the CBC, four hundred evacuees have now started to return home after flooding in May 2014 of from the Albany River forced them to evacuate. The evacuees have been staying in …
Kashechewan First Nation Return Home, New Modular Housing Welcomes Them Read More
New York State Homes and Community Renewal Commissioner James S. Rubin have announced a $2 million pilot program to address the needs with numerous pre-HUD Code mobile homes as well as older manufactured homes in disrepair to preserve an important source of affordable housing in New York. According to RealEstateRama, …
NYS Homes, Community Renewal Announce Program to Replace old Mobile/Manufactured Homes Read More
President-elect Donald J. Trump announced his plans to nominate famed neurosurgeon and former Republican presidential candidate Dr. Ben Carson to lead the Department of Housing and Urban Development (HUD). “Ben Carson has a brilliant mind and is passionate about strengthening communities and families within those communities,” said President-elect Trump. “We …
Donald Trump Nominates Ben Carson as Housing Secretary, MH Views & Videos Read More
In Oregon, Douglas County has a challenge. The home ownership rate in the county is lower than that of the state and the country, per 2014 census data. It also has a higher level of poverty — about 20 percent of people are living below the poverty level, compared to 17 …
Manufactured Housing Leads the Way for State Encouraging Innovation Read More
