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Posts Tagged ‘Anchorage Alaska’

Alaska Program offers Subsidized Manufactured Homes to Low-Income Renters

September 9th, 2015 Comments off

Alaska_anchorage_ktuu_tv_credit__manufactured_homesMHProNews has learned from ktuu-tv that the housing market in Anchorage, Alaska is very tight, with 40 percent of all renters in the Mat Su Valley earning $40,000 a year or less. In response, Weidner Property Management has sited over 200 new manufactured homes in a rental complex.

The Alaska Housing Finance Corporation’s (AHFC) CEO, Bryan Butcher, says, “There’s a real limit in terms of affordability into what families can afford so it’s always our hope the quality of housing increases.

As cold weather approaches, the concern rises for having a safe place to live. These new manufactured homes all have smoke and CO detectors, and AHFC offers a voucher program through the federal government. The homes rent for $1,200 to $1,400 a month, but through AHFC renters pay 30 percent of their income for housing and the government pays the remainder. ##

(Photo credit: ktuu-tv–manufactured home complex in Anchorage, Alaska)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Modular Commercial Building Lucrative in Alaska

July 11th, 2014 Comments off

Two-thirds of the $60 million annual earnings for Anchorage Alaska-based modular construction company Builders Choice Inc. (BCI) come directly from the burgeoning oil and gas industry, according to alaskajournal.com. Revenues have multiplied six-fold since Sandi and Mark Larson bought the business in 2001. Working out of a 50,000 square foot facility, with 200 employees, they have refocused away from residential modular homes to commercial and industrial projects, and intend to open a lumber and building-related hardware business. Modular hotels and other commercial buildings, especially in remote areas, have been a mainstay for the company. In addition, MHProNews has been informed BCI also has a modular plant in South Dakota serving the Bakken oil fields housing projects in North Dakota. ##

(Photo credit: wikipedia.org–modular home in Alaska)

Affordable Housing Being Challenged in Anchorage

May 12th, 2014 Comments off

Anchorage, Alaska’s comprehensive plan recognizes manufactured housing as an affordable option, but Anchorage 2020, as it’s called, does not protect manufactured housing communities (MHCs) from redevelopment, resulting in the loss of nearly 500 housing units since 2000. The replacement dwellings are less dense, and with the slowdown in production of new homes, a “housing gridlock” has resulted, leading to higher rents, a drop in vacancy rates and calls for denser housing to meet demand, according to adn.com. The Riviera Terrace Mobile Home Park, where residents pay $425 a month for a homesite, is being converted to upscale housing units that will rent for $1,400 to $2,000 monthly, triple the density of Riviera. The new homes will be built in four phases three to four years apart, so not all the 170 current homesites will need to be vacated at once. The developer is offering each home owner relocation assistance and/or help in finding a new residence if their home is not moveable.

Meanwhile, two miles north of Riviera Terrace, at the Four Seasons MHC, management chose to replace aging pre-HUD Code homes with new manufactured homes offered first to current residents, as MHProNews has learned. ##

(Photo credit: Christopher Kat/netnewsledger.com–delivering manufactured home in winter in Alaska)

NAHB: Housing Markets Showing Marked Improvement

January 10th, 2012 Comments off

The National Association of Home Builders (NAHB) tells MHProNews.com that its First American Improving Markets Index (IMI) indicates the number of housing markets registering measurable improvement now numbers 76, up from 41 in December, 2011. The index measures housing permits, employment, and house prices for six months in a row in metropolitan areas. “While relatively small metropolitan areas continue to dominate the list of improving housing markets, it’s important to note that several major metros in diverse parts of the country have now joined the field as well – including ….. Dallas, Denver, Honolulu, Indianapolis, Nashville and Philadelphia,” says NAHB Chief Economist David Crowe. “This is an encouraging sign that gradually strengthening economic conditions are starting to take hold across a broader swath of America.” Only five metropolitan areas were removed from the improving list: Fort Wayne, IN, Canton, Ohio, Scranton, PA, Anchorage, Alaska, and Charleston, W. Va.

(Photo credit: National Association of Realtors)

Commercial Modular Facility Opens in South Dakota

December 23rd, 2011 Comments off

South Dakota FlagFrom Vermillion, South Dakota and the Vermillion Plain Talk, MHProNews.com has learned that a new modular manufacturing facility there will build modular units to serve a variety of commercial applications, from worksite housing, hotels and apartments, to office and administration facilities. Builders Choice, Inc., of Anchorage, Alaska, held its opening and ribbon cutting ceremony Thursday night at its new commercial products division in Vermillion. The article states that modular construction helps expedite the construction process and control costs on commercial buildings. The products will be used in North Dakota.

(Image Credit: South Dakota)

Alaska Modular Builder to Begin Production in S. Dakota

October 7th, 2011 Comments off

ArgusLeader reports modular producer Builders Choice will open in Vermillion, South Dakota, later this month adding 30 jobs initially, with expectations to double that number by year’s end 2012. Company president Mark Larson says this site was chosen for the available labor, central location, and access to transportation. The Anchorage-based company builds commercial modular units for worksite housing, hotels, apartments, and offices. Vermillion experienced a manufacturing boom from 2005 to 2010 with a job increase of 43 percent.

(image credit: Builders Choice)