manufactured homes

New York Commits $59 Million to Rehab/Replace Housing, including Manufactured Homes

By / June 3, 2016 / Awards, home buyers, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from thedailynewsonline that New York Gov. Andrew Coumo has announced $59 million in funds to rehabilitate, construct and otherwise contribute to a decent place to call home for income eligible applicants who own their own homes, including replacing manufactured homes. Operated through the New York State Homes …

New York Commits $59 Million to Rehab/Replace Housing, including Manufactured Homes Read More

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Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending

By / May 31, 2016 / Advocacy, Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

Steve Sinovic, writing in abqjournal, says sales of manufactured home sales are up, a popular and affordable housing choice for New Mexicans, some eighteen percent of whom live in manufactured housing. However, financing costs are being driven up by the Consumer Financial Protection Bureau (CFPB) implementation of the Dodd-Frank law. Additionally, …

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending Read More

Cavco Industries Releasing Quarterly Numbers May 26

By / May 25, 2016 / Announcements, Business, Company News, Factory-Built Homes, Finance, Manufactured and Modular Housing News, Manufactured Homes, Modular

MHProNews has learned from globenewswire that manufactured and modular home producer Cavco Industries, Inc. will release its financials for the fourth quarter of fiscal year 2016 on Thurs., May 26, 2016, after the close of the market. On Fri., May 27, 2016, at 1 PM eastern daylight time, senior management …

Cavco Industries Releasing Quarterly Numbers May 26 Read More

County Commissioners deny Request to Rezone Land for Manufactured Home Community

By / May 18, 2016 / Business, Communities, Company News, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, People, Zoning

The Yellowstone County Commission in Montana unanimously voted against a zone change request from residential tracts to residential manufactured homes (MH) on some 30 acres of vacant land outside Laurel, just south of Billings, but within the city’s zoning jurisdiction following neighborhood complaints against the proposal. Remonstrators allege the development …

County Commissioners deny Request to Rezone Land for Manufactured Home Community Read More

Ohio City Sets New Standards for Manufactured Homes Outside MH Communities

By / May 18, 2016 / Business, Communities, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned from thecourier that the city council of Fostoria, Ohio approved legislation establishing new standards for manufactured homes (MH) sited in residential neighborhoods, outside of manufactured home communities. Under the new law, MH must resemble site-built homes, including being set on a foundation and with similar siding materials …

Ohio City Sets New Standards for Manufactured Homes Outside MH Communities Read More

City Council to Consider Checkerboarding of Manufactured Homes and RVs

By / May 17, 2016 / Business, Communities, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV

In March, the Laramie (WY) City Council lifted the ban on the sale or transfer of mobile homes built prior to standards of the Department of Housing and Urban Development in 1976, as laramieboomerang informs MHProNews. In Dec. 2015 at issue was an ordinance restricting recreational vehicles (RVs) to no …

City Council to Consider Checkerboarding of Manufactured Homes and RVs Read More

Sunday Morning Recap-Manufactured Housing Industry News May 8-May 15, 2016

By / May 16, 2016 / Advocacy, Announcements, Awards, Business, Canada, Communities, Company News, Economy, Events, Factory-Built Homes, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, regulation, RV, Trade Shows

What’s New in public focused Manufactured HomeLivingNews.com Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News Rent control judgment favors manufactured home community owner. CFPB may tighten screws excessively on short-term lenders. NAR calls for more starter homes to ease …

Sunday Morning Recap-Manufactured Housing Industry News May 8-May 15, 2016 Read More

NorthStar Selling Manufactured Home Community Portfolio for $2.04B

By / May 13, 2016 / Business, Communities, Company News, Finance, Manufactured and Modular Housing News, Manufactured Homes

Following a story MHProNews posted May 11, 2016 regarding manufactured home community (MHC) owner NorthStar Realty Finance Corp., costar reports NorthStar is selling its portfolio of 135 manufactured home communities to a fund managed by Brookfield Asset Management Inc. for $2.04 billion, 33,010 home sites, the equivalent of $61,800 per …

NorthStar Selling Manufactured Home Community Portfolio for $2.04B Read More

NorthStar Spinning off Manufactured Home Community Portfolio

By / May 13, 2016 / Business, Communities, Manufactured and Modular Housing News, Manufactured Homes

MHProNews has learned that Colony Capital Inc., a Los Angeles-based international investment and asset management firm, is negotiating to acquire NorthStar Asset Management Group, Inc. which split off from NorthStar Realty nearly two years ago, resulting in the decline of both stocks. NorthStar Realty is a real estate investment trust …

NorthStar Spinning off Manufactured Home Community Portfolio Read More

Manufactured Housing Issues Remain from Hurricane Sandy

By / May 10, 2016 / Announcements, Events, Manufactured and Modular Housing News, Manufactured Homes, People

Three-and-a-half years after Hurricane Sandy ripped up the east coast of the U. S. in Oct. 2012, leaving 7.9 million businesses and households without power, causing 147 deaths in the U. S., Canada and the Caribbean, families are still facing obstacles in resolving housing issues. An information session will be …

Manufactured Housing Issues Remain from Hurricane Sandy Read More

Sunday Morning Recap-Manufactured Housing Industry News May 1-May 8, 2016

By / May 8, 2016 / Advocacy, Announcements, Business, Canada, Communities, Company News, Economy, Factory-Built Homes, Finance, Green, home buyers, Legislation, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation, RV, Stocks, Trade Shows

What’s New in public focused Manufactured HomeLivingNews.com Possible American Dreams! Engineer Skip VanZant on Evolving U.S. Housing What’s New in Manufactured Housing Industry Professional News Innovative Building Systems said to be filing for bankruptcy, closing Maine’s Keiser. UMH wins community award. Clayton defies criticism, turns $706M profit. Alberta fire pushing …

Sunday Morning Recap-Manufactured Housing Industry News May 1-May 8, 2016 Read More

MH Lender Cascade Financial Services Acquired by Centerbridge

By / May 4, 2016 / Announcements, Business, Company News, Factory-Built Homes, Finance, home buyers, Manufactured and Modular Housing News, Manufactured Homes, Modular

Funds advised by private investment firm Centerbridge Partners, L.P. will acquire Southwest Stage Funding, LLC, dba Cascade Financial Services, a lender to buyers of manufactured homes, according to what prnewswire tells MHProNews. Following the closing of the transaction, which is scheduled to be finalized in the third quarter of 2016, …

MH Lender Cascade Financial Services Acquired by Centerbridge Read More

Manufactured Housing Production Spikes 26.9% in March

By / May 3, 2016 / Business, Economy, home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics compiled on behalf of the Department of Housing and Urban Development (HUD) reveal production of HUD Code manufactured homes (MH) increased 26.9 percent in March 2016 over March 2015, 7,110 homes in 2016 over 5,602 homes last year. …

Manufactured Housing Production Spikes 26.9% in March Read More

Results of Comparable Energy Efficiency in Manufactured Homes Revealed

By / May 3, 2016 / Green, home buyers, Manufactured and Modular Housing News, Manufactured Homes

The Manufactured Housing Institute (MHI) tells MHPronews a three year project undertaken by the Department of Energy (DOE) compared the energy-saving attributes of three lab houses of varying designs tested side-by-side under controlled conditions in Russellville, Ala. The homes were built by Southern Energy Homes, part of the Clayton Homes …

Results of Comparable Energy Efficiency in Manufactured Homes Revealed Read More

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MHARR, MHI Spar over FHFA & Duty To Serve Manufactured Housing via GSE Chattel Lending

By / April 29, 2016 / Advocacy, Business, Finance, home buyers, Legal, Legislation, Manufactured and Modular Housing News, Manufactured Homes, regulation

On April 26, 2016 the Federal Housing Finance Agency (FHFA) held a roundtable discussion with manufactured housing industry leaders, inviting those who commented on the proposal, to get their input on the FHFA’s proposed “Duty to Serve” rule, according to the Manufactured Housing Institute‘s (MHI) Housing Alert to MHProNews. Lesli …

MHARR, MHI Spar over FHFA & Duty To Serve Manufactured Housing via GSE Chattel Lending Read More

Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry

By / April 29, 2016 / Business, Company News, Factory-Built Homes, Manufactured and Modular Housing News, Manufactured Homes, mobile home, Modular, Stocks

Writing in barrons, Teresa Rivas says shares of manufactured and modular home builder Skyline Corp. have risen because of a case of mistaken identity: Sky TV is billionaire publisher Rupert Murdoch’s entertainment company, which announced in early March it was launching a new TV channel in the British Isles. Skyline …

Murdoch’s Barron’s Reports Incorrect Info about Manufactured Home Industry Read More

Drew Drawing a Bead on Overseas Markets?

By / April 28, 2016 / Announcements, Business, Canada, Company News, Manufactured and Modular Housing News, Manufactured Homes, RV

MHProNews has learned that Elkhart, IN-based Drew Industries, Inc. announces the refinancing of its revolving credit facility from its current $100 million that will expire in Jan. 2019, to $200 million, led by JPMorgan and Wells Fargo. The company had nothing outstanding against the $100 million at the close of …

Drew Drawing a Bead on Overseas Markets? Read More

Rezoning Requests Approved for MH and RV sites

By / April 27, 2016 / Business, Legal, Manufactured and Modular Housing News, Manufactured Homes, RV, Zoning

Following a story MHProNews posted July 24, 2015 regarding the need for workforce housing in southwest Louisiana where up to 54,000 workers will build an ethane cracker and gas-to-liquid facility, americanpress reports Calcasieu Parish officials are dealing with multiple requests to accommodate recreational vehicles (RV) and manufactured homes (MH). At …

Rezoning Requests Approved for MH and RV sites Read More

Manufactured Home Community Closing, Relocation Resources Available

By / April 27, 2016 / Business, Communities, Company News, Legal, Manufactured and Modular Housing News, Manufactured Homes, People

Shady Acres manufactured home community (MHC) in Kittitas County, Washington will be closing after the county agreed to buy the property for $1.45 million to expand recreational vehicle (RV) parking at the Kittitas Valley Event Center, according to information supplied MHProNews by dailyrecordnews. Once the sale is finalized the residents …

Manufactured Home Community Closing, Relocation Resources Available Read More

Board Needs More info about Proposed MH/Modular Community

By / April 26, 2016 / Business, Communities, Company News, Factory-Built Homes, Legal, Manufactured and Modular Housing News, Manufactured Homes, Modular, People, regulation

The Long County Board of Commissioners in Hinesville, GA are grappling with an application for a rural subdivision that Mike Allen wants to build, but it is unclear whether the new homes will be manufactured homes or modular homes, according to coastalcourier. Similarly, the board has little information about water …

Board Needs More info about Proposed MH/Modular Community Read More

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