Residents of the Mallard Lake manufactured home community at Pontoon Beach, Illinois, near Alton, were forced from their homes by a flood. Upon their return, up to a week or more later, some were surprised to find eviction notices taped to their door for late payment, as advantagenews informs MHProNews. …
No Damage from Flood in IL Manufactured Home Community Read More
An ordinance mandating brick foundations under manufactured homes that was passed in 2001 in Caswell County, South Carolina is being reexamined by the Caswell County Board of Commissioners who are considering adding other options to keep costs down for MH residents. Opponents to the change like the aesthetic uniformity of …
Commissioners Suggest optional Underpinnings for Manufactured Homes Read More
In an attempt to maintain affordable housing for seniors, the Santa Clarita (Calif.) City Council voted to prevent senior-only manufactured home communities (MHCs) from converting to all-age communities. Council members unanimously approved an “urgency ordinance” that establishes a 45-day moratorium on such conversions, according to signalscv, while city officials continue …
City Prevents Senior MHCs from Converting to All Age Communities Read More
Cavco Industries, Inc. (NASDAQ:CVCO) is set to announce its earnings results for the most recent quarter on Wed., Jan. 27, 2016, with analysts expecting the company to announce $0.80 earnings per share (EPS), according to emqtv. The company last released its quarterly financials on Thurs., Oct. 29, 2015 reporting EPS …
MHProNews has been informed by redrocknews that the city of Sedona, Arizona, will receive $309,000 in federal Community Development Block Grant (CDBG) funds for a citywide housing rehabilitation program. The funds are aimed at helping moderate-to-low-income homeowners make needed health and safety upgrades to their homes. Manufactured homes are included …
Block Grant Funds available for Manufactured Home Repair Read More
What’s New in public focused Manufactured HomeLivingNews.com Reality Check – Living Better When Quality Living Costs Less Outside the Box: Inventing New Looks for Manufactured Homes What’s New in Manufactured Housing Industry Professional News Manufactured Housing Administrator Danner speaks at Louisville. What could slow retail sales mean for manufactured housing. …
Sunday Morning Recap-Manufactured Housing Industry News Jan. 17 -Jan. 24, 2016 Read More
While terms of the acquisition were not disclosed, Zeman Homes, Inc. has informed MHProNews it has acquired four manufactured home communities (MHC) in the greater Detroit metropolitan area. All age communities Wagon Wheel, Wagon Wheel South, Carleton and Oak Haven have added 749 home sites to Zeman’s portfolio of MHCs, …
Zeman adds four Manufactured Home Communities to Portfolio Read More
Retail sales on the year fell to their lowest pace since 2009, climbing only 2.1 percent for the year, the smallest gain since the Great Recession ended, raising concerns about consumer spending going into 2016. As bloomberg informs MHProNews the 0.1 percent drop in Dec., 2015 followed a gain of …
What does collapsing Walmart, other retail sales mean for Manufactured Housing? Read More
The agenda for the Buncombe County Board of Commissioner’s (North Carolina) retreat scheduled for Tue., Jan 19 includes planning this year’s goals and reviewing progress made on goals from last year reports mountainx. Held in the county building in Asheville, increasing affordable housing was on the agenda last year and …
Allowing Manufactured Homes in all parts of County being Considered Read More
Following a story MHProNews posted Sat., Jan 16 regarding the investment in the manufactured home community (MHC) Pacific Skies Estates in Pacifica, Calif., by the Carlyle Group and subsequent upgrading, smdailyjournal reports the owners and the California Coastal Commission are at odds over whether the work requires a Coastal Development …
Coastal Commission, City of Pacifica Disagree about Permit Read More
What’s New in public focused Manufactured HomeLivingNews.com Bad and Good – Two Sides – Manufactured Home Living and News Reporting What’s New in Manufactured Housing Industry Professional News Ishbel Dickens refuses debate with Carla Burr over PBS NewsHour report. Part of MHC to close. Jurisdiction ready to impose master meter …
Sunday Morning Recap-Manufactured Housing Industry News Jan. 10 -Jan. 17, 2016 Read More
MHProNews has learned from zolmax that in its most recent quarterly financials, Skyline Corp. reports it earned +0.20 earning per share (EPS), well above the -0.41 it reported for the comparable quarter last year. No other quarterly reporting financial information was immediately available. Skyline has a 52-week low of $2.17 …
After receiving what he said were threats following a CBS7 report that his son was allegedly taking advantage of customers in his manufactured home business, Odessa, TX businessman Angel Nabarette said of his son’s business, “If anything needs to be reported, it’s that Five Star Manufactured Homes is ripping people …
Manufactured Home Retailer Allegedly Absconds with Customers’ Funds Read More
MHProNews has learned from northernstar.au that the Lismore City Council, in Queensland, Australia has unanimously rejected a proposal for a $10 million, 578 home site manufactured home community (MHC) in Goonellabah because details of the proposal do not line up with what was initially presented to the council. Originally, developer …
Following a story out of Washington, Indiana MHProNews has been covering on which we last reported Dec. 18, 2015, regarding the classification of factory-built homes into three categories for purposes of siting, existing homes would be grandfathered in. If a manufactured home has to be replaced, the replacement home must …
Indiana City Relaxes Restrictions on Replacing Manufactured Homes Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics from the Department of Housing and Urban Development (HUD) indicate the production of HUD Code manufactured homes in Nov. grew 20.6 percent above Nov. 2014, 5,980 over 4,955 last year. On the year, cumulative production stands at 64,887 …
What’s New in public focused Manufactured HomeLivingNews.com College Education Made In Perpetuity – The Kalamazoo Promise; Von Washington Jr – where Affordability and Quality of Life Meet Home/Manufactured Home Article/Lies, Advocacy Journalism and Statistics – Seattle Times/BuzzFeed Attacks, Warren Buffett’s Clayton Homes Defends – charges of Racism and Discrimination – …
Sunday Morning Recap-Manufactured Housing Industry News Dec. 27, 2015-Jan. 3, 2016 Read More
Formulating a seven-year adjustable-rate loan with a two-year interest only period, Capital One has arranged a Freddie Mac $11.719 million refinance for Starlight Mobile Home Park senior-only manufactured home community (MHC) in El Cajon, CA. Senior Vice President Chad Thomas Hagwood, of the Birmingham, AL multi family office, originated the …
Capital One Provides $11M+ Loan for Starlight in Southern CA Read More
MHProNews has learned from yumasun that manufactured home community (MHC) Rancho El Mirage is nearing completion in Wellton, Arizona. The 55-and-older restricted, gated community, built around select holes of the Coyote Wash Golf Course, has 202 home sites, and offers extensive amenities, including fishing and boating, a pool and spa, …
What’s New in public focused Manufactured HomeLivingNews.com Saving the American Dream for a Soldier, new Wife and Family What’s New in Manufactured Housing Industry Professional News MHARR slams FHFA for excluding chattel loans. Ordinance prevents more MH in the community. Assessments on MH sites maddens owners. Block grants to replace …
Sunday Morning Recap-Manufactured Housing Industry News Dec. 20-Dec. 27, 2015 Read More
