The town board of Richmond, in St. Croix County, Wisconsin, has passed a series of ordinances governing the placement, licensing, age, size, and structure of manufactured homes and the manufactured housing communities in which they might be sited in the city. The newrichmond-news.com reports violations could draw fines ranging from …
The Wildhorse Estates subdivision in Florence, Arizona has 84 large lots designated for manufactured homes (MH), but there are only 15 MH sited, and the remainder are site-built homes, making it out of compliance with county zoning. Many homes have horses and other farm animals, some of which have more …
The Clayton Family Foundation has pledged $500,000 to the Motlow College Foundation’s STEM (Science, Technology, Engineering and Math) endowment fund, according to tullahomanews.com. Jim Clayton, the founder of Clayton Homes of Maryville, Tennessee, and of the Clayton Foundation, has degrees in law and engineering, and currently is director and vice-chairman …
According to official statistics compiled on behalf of the U. S. Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) reports HUD-Code manufacturers produced 4,870 homes in November 2013, an increase of 11.5 percent over the 4,365 homes manufactured for the same period of …
Production of HUD Code Manufactured Homes Continues to Rise Read More
Councilman Raymond “Shoe-Do” Lewis of the New Iberia, Louisiana City Council asked for support of the council in June, 2013 to amend an ordinance permitting manufactured homes (MH) to be sited in R-3 areas in the city, but did not receive a second to his motion. As iberianet.com tells MHProNews, …
Allowing Manufactured Homes in Town would Increase Needed Revenue Read More
Two town board members of Sylva, North Carolina are reconsidering a 15 year-old ban on siting single-section manufactured homes outside of manufactured housing communities (MHCs), saying it may be unfairly punishing people of modest means. Board member Mary Gelbaugh says, “We are trying to make housing available, and I’m worried …
Town Reconsidering Ban on Manufactured Homes outside Communities Read More
Delaware lawmakers are considering increasing the amount owners of manufactured homes (MH) will receive if they are forced to relocate. Tapping into a fund established from a monthly assessment on sites in manufactured housing communities (MHCs), the Delaware Manufactured Home Relocation Authority (DMHRA) proposes to double the maximum relocation expense …
Payment for Moving Manufactured Homes May Increase Read More
Ostego County New York was awarded a Federal Community Development Block Grant to rehabilitate the “mobile homes” of low and moderate income families. CNYNews tells MHProNews that the County has recognized how “important and widespread” the need is for manufactured housing as a form of affordable home ownership. Key points …
Mobile and Manufactured Homes Gets Federal Grant Money Read More
The St. Gabriel City Council in Louisiana has imposed a 180-day moratorium on the siting of manufactured homes within the city limits so officials can develop rules and regulations regarding their placement. This comes in response to a recent spike in permit requests, according to what postsouth.com informs MHProNews, and …
JLT & Associates of Grand Rapids, Michigan is merging with national manufactured home (MH) appraisal firm Datacomp and MHVillage, a major internet marketing website for manufactured homes in land lease communities. Appraising MH since 1987, Datacomp gathers information about home values and features of manufactured housing communities (MHCs), and maintains …
JLT & Associates Merges with Datacomp and MHVillage Read More
Following a story MHProNews posted Dec. 10, 2013 regarding an increased sales tax that will be imposed on manufactured and modular homes sold in North Carolina, charlotteobserver.com reports the tax is being raised to 4.75 percent Jan. 1. The industry is slowly recovering from a slowdown exacerbated by the Great …
Sales Tax on Manufactured Homes Rises in North Carolina Read More
The new developer of Georgetown Estates in Georgetown County, South Carolina has requested his proposal to alter the content of the development to include factory-built homes be put on hold by the county planning commission. The original plan included 214 single-family and patio homes on lots ranging from 6,000 square …
The manufactured homes in Marina Park manufactured housing community (MHC) in Newport Beach, California were bought by the city for $35,000 each in 2007 as the result of a settlement agreement after the MHC closed. Set to become a public park, the city had awarded a $405,000 contract to a …
Repairable Manufactured Homes Saved for the Wrecking Ball Read More
According to dailyfinance.com, CEO of Berkshire Hathaway Warren Buffett is as good a CEO as he is a savvy investor. He bought Clayton Homes, the largest producer of manufactured homes (MH) in North America, in 2003 because Clayton incentivizes its dealers, rewarding them by splitting the profit 50/50 with the …
Wise Warren Buffett Bought Motivating Clayton Homes Read More
The dailytimes.com reports from Franklinton, Louisiana the Parish Council Infrastructure Committee is considering preventing manufactured homes from being moved into the parish if they were constructed over 25 years ago, but existing homes can be moved from site to site within the parish regardless of age. The goal is to …
Committee Considers Restrictions on Manufactured Homes in the Parish Read More
Following a story MHProNews last published Dec. 16, 2013, concerning the possibility of a tax on owners of manufactured homes imposed by the Australian Taxation Office (ATO), the proposal has been withdrawn by the ATO after an uproar from manufactured homeowners and politicians. The goods and services tax (GST) would …
Australia Drops Proposed Tax on Manufactured Homes Read More
City officials in Port Lavaca, Texas have imposed a six month ban on the development of new manufactured housing communities (MHCs) to allow the creation of new regulations. In the wake of the oil boom in the area, according to victoriaadvocate.com, two developers had applied for permission to build MHCs, …
Announcing financial results for its fiscal year ending Nov. 2, 2013, Nobility Homes, Inc. reports sales increased 17 percent to $18,525,950 as compared to $15,834,971 for the same period last year. Net income after taxes for the year rose to $747,106 from $49,759 FY 2012. Diluted earnings for the year …
Nobility Homes’ Revenue and Income Rises in 2013 Versus 2012 Read More
Some higher-priced mortgages will be exempt from certain appraisal requirements following the issuance of a final rule by six financial regulatory agencies. In order to make sure a loan is sound, a physical visit with written appraisal must be made to see the interior of a home prior to making …
New Guidelines Regarding Appraisal Requirements Released Read More
Drew Industries Inc.(DW) of Elkhart County, Indiana announces it will begin trading of ex-dividend Dec. 18, 2013, paying $2 a share which is scheduled to be paid Jan. 6, 2014. Even purchasers of the stock before the ex-dividend date can receive the cash dividend payment, according to nasdaq.com. Drew’s stock …
