Following a story MHProNews last posted Feb. 15, 2016 regarding the (much applauded) proposed rule change by HUD that would draw a clearer distinction between manufactured homes and recreational vehicles, U. S. Representative Jackie Walorski, as co-founder of the Congressional Recreational Vehicle Caucus, led congressional attempts to clarify the distinction. …
At the meeting of the Madison County Board in Edwardsville, Illinois, new rules for siting manufactured homes in unincorporated areas were adopted, according to what the altondailynews tells MHProNews. In addition to a $300 fee each time the property changes residents, the new rules include: A manufactured home in any …
County Sets Hoops for Manufactured Home Owners to Jump through Read More
Following a topic we last covered Nov. 5, 2015 regarding the numbing effect of mandated sprinkler systems on home building in Maryland, lawmakers held a hearing to determine if counties can opt out of a new state law requiring all new homes, including manufactured homes (MH), to have sprinkler systems. …
Maryland Counties want to Opt out of Mandated Sprinkler Read More
Rob Ripperda of the Texas Manufactured Housing Association (TMHA) informs MHProNews the Stat Tracker indicates Texas continues to lead all states in the sales of manufactured homes. The state notched 14,861 total MH sales in 2015 through Nov., 2015. There is a 60-day window for submission of sales, and with …
Two tri-state off-site home builders in Iowa are seeing improvements in their respective housing markets, according to thonline. Doug Stimpson, vice president and general manager of All American Homes in Dyersville, in northeastern Iowa told MHProNews that business has increased 30 percent in the last four years, and already this …
Northeastern Iowa Growing the Off-site Homebuilding Market Read More
Currently in Corpus Christi, TX, the city owns a number of vacant lots it wants to site with homes, according to what caller tells MHProNews, and intends to infill with affordable housing. Streets Committee Chairman Andy Taubman is in favor of using manufactured homes as infill, and to this end, …
City may Infill Vacant Property with Manufactured Homes Read More
According to financialspots, President Obama has appointed Carlyle Group partner Jerome Powell to serve on the Federal Reserve Board of Governors. Powell was undersecretary for finance under the George H. W. Bush presidency. One of the largest defense contractors in the world, Carlyle includes among its ranks some of the …
MHProNews has learned from financial-market-news that Skyline Corp. (NYSE:SKY) Director John C. Firth purchased 5,000 shares of company stock Feb. 5, according to a disclosure filed with the Securities and Exchange Commission (SEC). Acquired at an average cost of $4.16 per share for a total transaction of $20,800, the director …
Following a story MHProNews last posted Dec. 14, 2015 regarding a proposed ordinance in Mohave County, Arizona that would restrict siting of manufactured homes to be no more than seven years old, the planning and zoning commission (P&Z) amended the ordinance to accept MH built after 1976, according to mojavedailynews. …
Ordinance Changed, County now Welcomes HUD Code since 1976 Read More
MHProNews has learned from bizjournals that Erlanger, Kentucky-based SSK Communities has acquired Hickory Hills manufactured home community in Florence, Kentucky, marking SSK’s third acquisition this year. The community is adjacent to SSK’s Mosby Pointe, and residents of Hickory Hills will have access to amenities at Mosby, including the clubhouse and …
The Vermont Economic Development Authority (VEDA) has approved $14.4 million in loan and bond financing for a variety of projects throughout Vermont, according to what MHProNews has been informed by vermontbiz. Funding of $300,000 was approved to assist Vermod High Performance Manufactured Housing, LLC, a producer of energy-efficient modular homes …
Producer of High Tech Manufactured Homes Obtains Loan to Buy Facility Read More
According to what thehill tells MHProNews, recreational vehicles (RV) are currently exempt from the Department of Housing and Urban Development (HUD)’s rules for manufactured homes (MH). New proposed rules say those RVs that are used as a “primary residence or permanent dwelling” should not be exempt. HUD wants to redefine …
As MHProNews reported Dec. 21, 2015, professional services firm Dewberry assisted with the siting of manufactured homes for the Oglala Sioux tribe on the Pine Ridge Indian Reservation in South Dakota, marking the first presidential disaster declaration made directly to an Indian tribe. From directionsmag, MHProNews has learned Dewberry has …
Dewberry Still Assisting Sioux with Manufactured Homes Read More
As part of the Seattle Times‘ ongoing year-long rant on Warren Buffett’s/Berkshire Hathaway-owned Clayton Homes and their affiliated lenders, Mike Baker and Daniel Wagner have succeeded in drawing Washington Governor Jay Inslee’s attention and his state’s Department of Commerce. This is resulting in a bill to investigate the sales, financing …
The Community Action Partnership of North Alabama (CAPNA) announced local residents who have not been able to fully recover from the devastating April 27, 2011 tornadoes that wreaked havoc across a broad swath of the state may be eligible for new federal funding through the Community Development Block Grant (CDBG) …
Second Round of Assistance Available for Ongoing 2011 Tornado Damages Read More
According to statistics from the U. S. Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews HUD Code manufacturers produced 5,657 homes in December 2015, a 20.1 percent increase over the 4,707 homes produced in the same month in 2014. HUD Code …
HUD Code Production for Year Ends on a Strong Note Read More
Writing for nationalmortgagenews, the Manufactured Housing Institute’s (MHI) senior vice president for government affairs, Lesli M. Gooch, noting the average price of a new manufactured home is $64,000 as compared to a new site-built home price of $374,100, states manufactured housing presents the single most affordable option for lower income …
MHI’s Lesli Gooch Underscores the Need for GSE’s Purchase of Chattel Loans Read More
MHProNews has learned from thenewsstar, the Hope for the Warriors organization, a national non-profit that provides support for members of the military and their families, including families of the fallen and military caregivers, received a check for $33,600 from Clayton Homes President Keith Holdbrooks and CEO Kevin Clayton at the …
MHProNews has learned from analystratingreport that Cavco Industries, Inc., reported $0.89 earnings per share (EPS) for its third quarter fiscal year 2016, beating the analyst consensus by $0.09 EPS. The company’s revenue of $181.40 million for the quarter also beat analysts estimates of $174.10 million. Compared to the same quarter …
Moses Lake, in east central Washington state, is in the process of complying with a 2004 state law that requires cities allow manufactured homes (MH) in the same neighborhoods as stick-built homes, according to what ifiberone tells MHProNews. While the city had prevented MH from being sited in single-family residential …
Manufactured Homes can be Sited in any Single-family Residential Area Read More
