Updating a story MHProNews last posted Jan. 30, 2014 regarding a 16-year attempt by the residents of Naples Estates (Fla.) manufactured home community (MHC) to purchase their community, Collier County Circuit Judge Hugh Hayes had ruled in favor of the Naples Estates Homeowners Association (NEHA) to seek financing to buy …
Settlement of Sixteen Year Legal Wrangling between Owner and Community Pending Read More
Updating a story MHProNews last posted Sept. 5, 2014 about the dispute between Ratner and Skanska in New York City that has brought to halt the construction of the largest modular tower in the world, concern is growing that if the project fails, financing for future modular projects may be …
Four members of the manufactured housing industry were honored at the recent Manufactured Housing Institute (MHI) annual meeting Sept. 14-16 for their outstanding contributions to the industry. Dick Ernst, president of Financial Marketing Associates, received the MHI Chairman’s Award from MHI Chairman Nathan Smith. A longtime member of the MHI …
Four MH Industry Members Honored at MHI Annual Meeting Read More
William Matchneer, formerly senior counsel with the Consumer Financial Protection Bureau’s (CFPB) division of research, markets and regulations, has joined the law firm of Bradley Arant Boult Cummings in their litigation and compliance practice group. In addition to serving as team lead for implementation of the Dodd-Frank Act at the …
William Matchneer leaves CFPB for Bradley Arant Boult Cummings Read More
The next round of the Obama Administration’s Promise Zone applications will be discussed Friday, Sept. 19 at 11 AM eastern time by U. S. Housing and Urban Development Secretary Julian Castro, Department of Agriculture Secretary Tom Vilsack, Department of Transportation Secretary Anthony Foxx, Senator Bob Casey of Pennsylvania and Rep. …
Promise Zones Set to Expand to other Struggling Communities Read More
A 30 year-old pregnant firefighter with ALS (Amyotrophic lateral sclerosis), commonly called Lou Gehrig’s disease, and her husband in Madison, Connecticut are on the receiving end of a new modular home being built with donations to accommodate a wheelchair for when she returns from giving birth. Because hers is a …
Another addition to the “instant house movement” that MHProNews has documented April 24, 2014 and Jan. 27, 2014, among others, is 3D printer construction technology called Contour Crafting which produces concrete buildings using a giant robotic printer in one day, and is capable of constructing round and straight formations. Developer …
3D Printer Pours out Concrete to Form Modular House Read More
Speaking at a luncheon at the Bipartisan Policy Center’s Housing Summit in Washington, D. C., former Housing and Urban Development (HUD) Secretary Henry Cisneros said the current affordable housing assistance programs only have funding for one out of four applicants. According to housingwire.com, he said: “In addition, we aren’t focusing …
Henry Cisneros: Current Affordable Housing Programs miss 75 Percent Read More
Experts at the American Mortgage Conference say the combination of lenders apprehensive about making mistakes on loan apps and the qualified mortgage rule, and the need for low-cost financing to meet the changing demographics of minority and women home buyers whose income is not apt to rise, are two major …
Apprehensive Lenders, Changing Homebuyer Demographics Create Challenges Read More
Following a story MHProNews posted Sept. 16, 2013 regarding the disastrous flooding in Colorado, the Federal Emergency Management Agency (FEMA) says it distributed $61,634,523 to uninsured homeowners hit by the flooding and rain, including $31,900 each to nearly all the residents of two manufactured home communities (MHCs) along the South …
Colorado MH Owners Float with FEMA Funds, while MHC Owners Sink Read More
Federal Housing Finance Agency (FHFA) Director Mel Watt told a gathering of the American Mortgage Conference he supports the merger of Federal Home Loan Banks (FHLB) but wants to gather more information before giving required approval, and is currently offering a consultative role to FHLBs in Seattle and Des Moines …
According to Harvard University’s Joint Center on Housing, the nation is poorly prepared to house aging Baby Boomers, especially those disabled. An added problem is one-third of those aged 50 and older spend more than 30 percent of their income on housing; some boomers who still have a mortgage on …
The Michigan Manufactured Housing and Recreation Vehicles and Campgrounds Association (MMHA) announces their new board of directors for 2014-2015, as sys-con.com informs MHProNews. President — Jim Hoekstra, Sun Communities Vice President — Don Westphal, Donald C. Westphal Associates Secretary — Andy Blank, Franklin Companies Treasurer — Steve Francis, Rudgate/Infinity Billing …
Michigan MH Association Chooses Sun’s Jim Hoekstra Read More
The Wisconsin Housing Alliance reports the production of off-site built homes is down this year, especially for modular homes, which suffered a drop of ten percent in 2013 over 2012. As biz-times.com tells MHProNews, production in 2004 was almost 700 percent higher. Pittsville Homes closed this summer after 40 years …
Manufactured Housing Growing, Modular Home Production Slipping in Wisconsin Read More
Sam Zell, Chairman of real estate giant Equity International, and Equity LifeStyles, which owns/has an interest in 380 manufactured housing and recreational vehicle communities in North America, noting corporations that have missed their expected goals were low on the revenue side, which means the demand is not there for their …
Zell, Soros, Druckenmiller and Icahn Agree: A Big Board Correction is Imminent Read More
A veteran of over 40 years in the manufactured and modular housing industry, and the owner of Prevatte’s Home Sales in Lumberton, North Carolina, for 25 years, Tonnie Prevatte received the Rollan Jones Member of the Year award as voted by the members of the North Carolina Manufactured and Modular …
Prevatte Honored by NC Manufactured and Modular Housing Industry Read More
The IDEAS Investor Conference to be held Tue., Aug. 26 in Chicago will feature Encore Wire Corporation’s (NASDAQ:WIRE) Chief Financial Officer Frank J. Bilban presenting his company’s investment merits to an audience of investment professionals who combined have over $200 billion of assets under management. IDEAS Conferences, which are also …
Manufactured Home Wire Supplier Presenting at Investor Conference Read More
John Quale, an expert in sustainable and affordable housing, who previously served as director of the graduate architecture program at the University of Virginia, has been appointed director of the architecture program in the University of New Mexico School of Architecture and Planning, according to unm.edu. His specialty is in …
Professor Specializes in Affordable Housing, Moves to U. of New Mexico Read More
If a local businessman has his way, upscale Hilton Head, South Carolina will see a 14-home site manufactured housing community (MHC). Enrique Lopez has applied to the South Carolina Department of Health and Environmental Control for Coastal Zone Consistency Determination, and intends to sell lots for $70,000 each. Noting a …
Lippert Components, Inc., (LCI) a subsidiary of Drew Industries, Inc. of Elkhart County, Indiana is sponsoring an Out of the Darkness Walk Oct. 4, 2014 to help raise awareness of suicide and depression, and provide assistance to those who have lost a loved one to suicide. The son of a …
