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Will Dr. Carson’s June Forum Promote Manufactured Housing?

May 30th, 2017 Comments off
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A HUD forum on housing is scheduled for June 1st. Credits: HUD, Patriot News Daily.

The office of U.S. Housing and Urban Development (HUD) Secretary Ben Carson, has announced a homeownership forum at its Washington D.C. headquarters scheduled for June 1st.

June is officially National Home Ownership month, focused on the impact that owning a home has on household wealth, stability of neighborhoods, and the broader economic health of the nation.

According to HousingWire, the theme for this year’s homeownership month is “Finding Your Place in a New Era of Homeownership,” and the forum is scheduled to begin on June 1st at 2pm Eastern.

Moderated by CNBC Real Estate Reporter Diana Olick, and featuring a group of expert panelists, HUD says it “will examine how the nation’s housing crisis is affecting consumer attitudes, especially for the growing population of millennials attempting to enter the market.”

 

Huge Opportunities for Manufactured Housing

In January, Secretary Carson showed a keen understanding of the opportunity that manufactured housing provides – quality, affordable housing and the American Dream being in reach for millions.

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Senator Dean Heller. Official photo.

When asked by Senator Dean Heller (R-NV) to describe, in writing, his view of the role of manufactured housing in the provision of affordable housing in rural areas, Carson had this response.

I do see manufactured housing playing an important role in providing affordable housing in rural areas. I think it’s important to ensure HUD’s policies promote access to this valuable resource,” said Carson.

This response came on the heels of a very personal, impassioned letter from MHProNews and MHLivingNews Publisher L.A. “Tony” Kovach.

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L A ‘Tony’ Kovach, credit, MHVillage.

Let me begin by congratulating you and President-elect Donald J. Trump. By way of introduction, like youmy truly better half and I publicly supported Mr. Trump’s candidacy consistently against the many deceptive and even vicious tactics used by his opponents,” said Kovach.

You know what discrimination is and how it works. Most use the word discrimination in racial terms, which those enlightened by a proper understanding of the Word know is wrong. For the purposes of your upcoming role at HUD, let’s focus on the following aspect of the dictionary.com definition of discrimination:

…’treatment or consideration of, or making a distinction in favor of or against, a person or thing based on the group, class, or category to which that person or thing belongs rather than on individual merit.’

Discrimination, as you know, is often caused by ignorance.”

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Credit: MHLivingNews.

As Daily Business News readers are already aware, stifling regulations, government red tape and stereotypes about manufactured housing have led to a bottle neck that keeps the industry from effectively solving the problem of quality, affordable housing for many Americans.

There’s now real hope that Secretary Carson, with his keen understanding, can change that.

Millions today are trapped in poverty,” Kovach continued.  “As you stated months ago, the federal government often misuses resources that if left in the hands of ‘We, the People’ could be used far more effectively. But it will take time and effort to move giant bureaucracies – such as HUD – and millions back to the proper limits of law.”

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Credits: MHLivingNews, Sunshine Homes.

Billions of dollars annually are squandered by HUD for housing programs that long-term are unsustainable. Yet millions from all backgrounds have been hooked – so to speak, on those programs – which tends to trap and thus limit their human potential,” said Kovach.

 

MHARR President and CEO Mark Weiss, JD, also commented on the tremendous potential that Secretary Carson brings to the role.

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Mark Weiss. Credit: MHProNews.

MHARR congratulates Dr. Carson on his Senate confirmation to be the Secretary of the U.S. Department of Housing and Urban Development and looks forward to working with him to advance the role, the utilization and the affordability of manufactured housing – which must be federally-regulated because of its fundamentally interstate character — across the entire range of HUD housing and housing finance programs, and beyond,” said Weiss.

Under Dr. Carson’s leadership and in accordance with the mandate of the 2000 reform law, the status and role of the HUD manufactured housing program should be elevated within HUD, while the participation of manufactured housing within all HUD programs, on the same terms and same basis as other types of housing, is ensured.”

Secretary Carson also received the endorsement of four former HUD Secretaries – Henry Cisneros, Mel Martinez, Alphonso Jackson and Steven Preston for the role.

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Then President-elect Donald Trump, left. Dr. Ben Carson, center. Henry Cisneros, right. Image credit, Fox Business.

We write today, from both sides of the political aisle, in support of Dr. Ben Carson’s nomination as Secretary for Housing and Urban Development, a position we have all held,” the letter from the group said.

As secretary, we know that Dr. Carson will learn about what works, develop new innovations, measure outcomes, and achieve real results to improve communities throughout America. We urge the Committee to support Dr. Carson’s confirmation.“

For additional coverage of the nomination of Dr. Ben Carson, click here.

The full endorsement letter from the former secretaries is linked here. ##

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

 

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RC Williams, MHProNews.

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

 

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Shortage of Affordable Housing Could Severely Impact 40% of Boomers

May 25th, 2016 Comments off

baby_boomers____howstuffworksWith 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing for seniors.

Comprised of former Department of Housing and Urban Development Secretary Henry Cisneros, former HUD Secretary and U.S. Senator Mel Martinez and former U.S. Representatives Allyson Schwartz and Vin Weber, the task force is recommending expansion of the Low-Income Housing Tax Credit (LIHTC) program to finance the production and preservation of affordable rental units.

As nationalmortgagenews tells MHProNews, the group recommended funding for Section 202, which provides rental assistance for seniors, and that LICHTs be used to attract funding from health care programs for services that will be needed by an older population.

The center reports in 2013 there were only 4.3 million rental homes available to extremely low-income households, but a need for housing for 11.2 million households, leaving a shortage of 6.9 million homes. With approximately 40 percent of seniors over 62 estimated to have assets of under $25,000 to sustain them over the next 20 years, the lack of affordable housing threatens to leave many possibly homeless.

Affordable housing is the glue that holds everything together,” Martinez, who co-chaired the task force, said in a news release. “Without access to affordable housing and the stability it provides, it becomes increasingly difficult to provide home and community-based supportive services that can enable successful aging.”

In order to make the necessary changes to accommodate health and accessibility needs, the task force suggests a new Modification Assistance initiative be implemented by the federal government, in conjunction with local and state governments, to utilize tax credits, grants and forgivable loans to assist the aging population.

Additionally, the group stated that HUD should create lending products that allow elderly borrowers access to home equity.

As MHProNews understands, this scenario could be an ideal situation for HUD to promote the affordable, quality manufactured housing it so vigorously regulates. ##

(Photo credit: howstuffworks–Baby Boomers)

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

Henry Cisneros: Current Affordable Housing Programs miss 75 Percent

September 16th, 2014 Comments off

Henry_Cisneros__former_HUD_secy__wikipedia__orgSpeaking at a luncheon at the Bipartisan Policy Center’s Housing Summit in Washington, D. C., former Housing and Urban Development (HUD) Secretary Henry Cisneros said the current affordable housing assistance programs only have funding for one out of four applicants. According to housingwire.com, he said: “In addition, we aren’t focusing on those in the most dire need of assistance. We focus in policy on helping those who are zero to 80% below area median wage, but in practice we ignore those 30% or more below median income, which is a real level of poverty and need. This can’t be sustained.” He adds, “In addition to prioritizing low-income housing assistance, we need to raise the housing tax credit by 50%, in the short term, so these people don’t fall back into poverty and homelessness.” MHProNews has learned independently Cisneros formulated policies as HUD secretary from 1993 to 1997 that led to the highest rate of home ownership in U. S. history. He is currently executive chairman of City View, overseeing multiple funds that focus on urban solutions. ##

(Photo credit: wikipedia.org–Henry Cisneros)