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Posts Tagged ‘Daily Mail’

State Program to Replace Older Manufactured Homes

April 5th, 2017 Comments off
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An unrelated manufactured home. Credit: Catskill Valley Homes.

Help is on the way for manufactured home owners in need in the Catskills of New York State.

According to The Daily Mail, the Catskill Mountain Housing Development Corporation received $400,000 to replace a dozen dilapidated manufactured or mobile homes, from the Mobile Manufactured Home Replacement Pilot Program.

The nonprofit organization was one of five in the state to receive the award last week.

Older homes replaced by the organization will be replaced with new, energy efficient, manufactured or modular homes.

This is the first time the state has made funding available to help replace manufactured homes,” said Lawrence Krajeski, Executive Director of the Catskill Mountain Housing Development Corporation

We have already received three inquiries about the program.

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Credit: Daily Mail.

Krajeski says that the state originally decided to create a separate fund for manufactured homes last year.

Prior to that we applied to the state for federal home funds and received grants from the Affordable Housing Corporation. Last year, with $700,000 we were able to replace eight homes.”

State Senator Elizabeth “Betty” Little, R-Plattsburgh, made a big push for the funding to be included in last year’s state budget.

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Senator Little. Official Photo.

Not only will this program help address the problem of unsafe and inadequate mobile and manufactured homes, it will provide a boost with some new local building activity,” said Little.

The end result will be higher quality homes that last longer and are much more energy efficient.

To qualify, applicants have to be from Greene County and own their home as well as the property on which it sits. The home must be considered in poor condition, and the household income must fall below 50 percent of the area median income.

We knew there are many more applicants than we had space in the program, but we are hoping next year’s budget will include additional funding,” said Dan MacEntee, a spokesman for Senator Little.

To apply for the program, manufactured homeowners can call the Catskill Mountain Housing Development Corporation at 518-943-6700.

The Daily Business News recently covered NYS Homes and Community Renewal and their announcement of a $2 million pilot program to address the needs with numerous pre-HUD Code mobile homes as well as older manufactured homes in disrepair to preserve an important source of affordable housing in New York. That story is linked here. ##

 

(Image credits are as shown above.)

 

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

A 3D Home in Record Time? What the Future Holds

March 16th, 2017 Comments off
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The Apis For home. Credit: Metro.

The innovations in 3D printed homes continue at a break-neck pace. Beijing-based HuaShang Tengda, which printed a two-story villa that can reportedly withstand a magnitude eight earthquake, and PassivDom, a Ukrainian startup, has now come up with a stand-alone, energy-efficient 3D printed house, ideal for off-the-grid living.

And now, a San Francisco, California-based Apis Cor claims to have taken the process to a whole new level.

According to the Daily Mail, they unveiled a 400-square-foot house in a town outside of Moscow, Russia that was constructed using a mobile 3D printer.

In just 24 hours.

The Apis Cor technology printed walls, partitions, and other items, and appears to be the first company to develop a portable 3D printer able to print whole buildings entirely on location.

Construction took place in December 2016, and the company reports the materials used should last at least 175 years.

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The home in progress. Credit: Daily Mail.

This project was selected specifically, as one of the main purposes of this construction is to demonstrate the flexibility of equipment and diversity of available forms,the company said in a statement.

A distinctive feature of the printer is its design, which is reminiscent of the tower crane, allowing the printer to execute the printing process of constructing the building both inside and outside.

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The crane in action. Credit: Daily Mail.

Apis Cor says that this was the first time in the Russian construction that a house was printed as a whole, rather than assembled from pre-printed panels.

Impacts this Technology has upon the Manufactured Housing Industry?  

The company says that the cost for the model described above is $10,134. However,  buildings can be printed in various shapes and at a larger size, with the only restrictions on designs being the laws of physics.

When one of several mainstream news articles, reporting on that 10k figure, were shared with industry professionals with production connections, one source told MHProNews that “It could be a game changer and has the potential to eliminate thousands of manufactured housing factory jobs…. but that would be way down the road.”

The ramifications were shocking enough, that the source would only speak off the record.

There is a big ‘however,’ here.

Before investors, developers and others go bailing on manufactured housing, and stocks take a dump, there are likely several caveats to this report by Futurism and from others in the mainstream media that need to be properly understood,” said industry consultant and publisher, L. A. ‘Tony’ Kovach.

We contacted the 3D producer directly, and they have yet to answer numerous questions that relate to interior finishes, what building codes this may or may not meet, total cost with all finish work, etc.  Because some in the mainstream media may not get it about all that goes into the total costs of a home, details like:

  • cabinetry,
  • flooring,
  • tape and texture,
  • electrical,
  • windows,
  • doors,
  • plumbing, etc.

they can easily be wowed by a claim – that when scrutized – doesn’t quite hold up. Think Jim Walters housing – shell homes sold at a lower price, but with signficant finish costs.”

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Joe Dyton, for the Daily Business News, MHProNews.

Another example of a story that drew media hype – but was missing key details – was a report out of Europe covered for the Daily Business News by Joe Dyton.

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Original photo credit, Inhabitat and provided under fair use guidelines. Text credit, MHProNews.

Click the image above for facts the original story in the mainstream media missed.  “These are examples of why the industry needs an independent trade media, one that does some digging,” Kovach said.

MHI was contacted about the topic above – and the broader issue of potentially disruptive technologies negatively impacting manufactured housing – and they had no comment.

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Is MHI unprepared for issues that could disrupt the industry? Are they properly prepared to engage the mainstream media on topics that could at first blush seem to be harmful to manufactured housing interests? What lessons does the recent – and largely negative – NPR reporting hold for the industry at large, and what does it say about MHI’s engagement strategies? To learn more about such media and related questions – and what Frank Rolfe and other industry professionals have to say about them – click here.  MHARR has taken the position that the industry has a historic opportunity and can sell hundreds of thousands of homes a year, but must capitalize rapidly on opportunities that the Trump administration has made possible – to learn more about MHARR’s views, click here.  Pam Danner at HUD…is she one of those MH Industry roadblocks? For MHI award-winner Doug Gorman’s view on the Danner/HUD issue, click here. 

Possible Disruptions Are No Joke…

An association veteran told MHProNews that failing to adapt could result over time in manufactured housing’s associations becoming “the associations of mobile home remodelers.” It was a tongue-in-cheek way of saying – there would be widespread industry business failures, and that only remodeling work would be left – if the correct steps aren’t taken by members of the industry.

We are several years into our industry’s recovery. That’s good news.  But 3D, prefab, containers and tiny houses are all reminders that

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L. A. ‘Tony’ Kovach.

manufactured housing producers and others can’t rest on their laurels,” Kovach said. “Manufactured housing is an amazing option, that’s highly sustainable, so long as we grow more rapidly towards our potential.  There is a high cost – and risk – to low volume sales, which is why we’ve repeatedly said that aiming for hundreds of thousands of new home sales a year in a sustainable way is a must.”

“Some companies are taking steps to grow in a responsible way.  That’s good news. But absent such growth,” Kovach cautions, “our source is sadly but likely correct – in the next 5 to 10 years perhaps, technologies are emerging that could disrupt the manufactured housing industry.  Communities, production, lending, retailing – it could all change unless more of the industry’s members and leaders take the proper steps, now.”

The Daily Business News has covered the rise of 3D printed homes extensively, including other Chinese, Russian and Dutch 3D home projects, and asking the tough question: “Is America losing the 3D Technology race in housing?

In several off-the-record comments by professionals with community, production, association, retailing and other industry interests, say that the industry needs to pay attention.

For more on 3D printed homes, including the story of The BigDelta, the world’s largest 3D printer and its year-long mission to print a mud house, click here. ##

(Image credits are as shown above.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

Trump Signs Executive Order, Dodd-Frank Roll Back to Begin

February 3rd, 2017 Comments off
TrumpSignsExecutiveOrderDoddFrankRollBacktoBegincreditNewsMax-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: Newsmax.

A busy day for President Donald Trump, as he signed orders to implement additional sanctions on Iran, met with his CEO executive council and signed an Executive Order that is significant to the manufactured housing industry.

According to the Daily Mail, the Executive Order to be signed by President Trump will direct the Treasury secretary to review the 2010 Dodd-Frank financial oversight law, which reshaped financial regulation after the 2008-09 financial crisis.

During the campaign, President Trump pledged to repeal and replace the Dodd-Frank law, which also created the Consumer Financial Protection Bureau (CFPB), and administration officials argue that Dodd-Frank did not achieve what it set out to do, instead seeing it as an example of massive government over-reach.

Dodd-Frank is a disaster, said Trump, during a meeting this week with small business owners, including NFIB President and CEO Juanita Duggan.

We’re going to be doing a big number on Dodd-Frank.

While the Executive Order is not expected to have an immediate impact, it directs incoming Treasury Secretary Steven Mnuchin to consult with members of different regulatory agencies and the Financial Stability Oversight Council and report back on potential changes.

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Credit: MHLivingNews.

MH Industry Impact

As industry professionals know, Dodd-Frank and the CFPB have had a significant impact on affordable housing, in essence creating a “Renter’s Nation”.

The sweeping 2,000-page Dodd-Frank regulations were never meant to apply to factory-built homes at all, according to a letter written by the law’s co-sponsor, Barney Frank. In a response to a constituent, Frank said, “I do not think it is necessary to include manufactured housing as part of our effort to prevent abusive mortgage practices, and I am now working with my staff to see if we can find a way to make a change that would deal with the problem you correctly point out…

Nevertheless, industry professionals say MH financing has been so profoundly impacted, it is hurting the people who can least afford it — low- to moderate-income buyers trying to make the transition from renting to owning their own homes.

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For “A Cup of Coffee With…” Don Glisson, Jr., click here or on the photo. Credit: Triad Financial.

Our compliance costs have quadrupled in the past three years alone,” says Don Glisson, CEO of Triad Financial Services, another leading MH lender in the “A” credit market for more than half a century.

Triad and CU Factory Built rank third and fourth in the MH finance market for buyers with FICO scores above 650.

In our “A Cup of Coffee With…” segment with Glisson, he discussed in detail the challenges with those in government understanding manufactured housing.

I would love to think that MH is considered mainstream housing, but the truth is we are still the red-headed stepchild in the eyes of many, especially the ‘elites’ who supposedly know what’s good for everyone, and of course many of these elites work in government,” said Glisson.

We are the answer to the country’s affordable housing issues, but we don’t get fair treatment at the federal level. There are no MH dwellers inside the Beltway, so we must not be a good housing choice in their eyes.

Government is taking sides and it’s harming the very middle-class they profess to want to help.

For more on Dodd-Frank’s impact on the manufactured housing industry, click here. ##

(Image credits are as shown above.)

rcwilliams-writer75x75manufacturedhousingindustrymhpronews

RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.