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Posts Tagged ‘july 1’

First of Five Modular Hoosier Homes now Occupied

September 5th, 2013 Comments off

Updating a story MHProNews initially developed July, 1, 2013 regarding the siting of the first of five modular homes by Indy Mod Homes in Indianapolis, builder Ursula David, in her first foray into the modular home industry, has moved into the home, according to ibj.com. Sited just northeast of downtown Indianapolis, the home has two bedrooms, an office, two bathrooms, a living room and a dining room, an office and a basement. David has another home sold and plans to build a third on spec. At 1,500 to 2,000 square feet, the homes start at $300,000 and can be customized beyond that. AXIS Architects of Indianapolis designed the home, and Bristol, Indiana-based Hi-Tech Housing, Inc. built it. She told MHProNews: “I own the land, but when they sign a contract to purchase the home, they buy the land as well.” She owns four lots several blocks away on which she intends to build modular homes as well.

(Photo credit, top: Matthew J. Silver; bottom photo: ibj.com–modular home in Indianapolis)

Sales and Use Tax Rises in Virginia

June 18th, 2013 Comments off

The transportation package that was passed by the Virginia General Assembly and signed into law by Governor Bob McDonnell includes tax increases that go into effect July 1, 2013. The titling tax for manufactured homes remains at $10, but the retail sales and use tax, which covers modular homes, will increase from five percent state wide to six percent for Hampton Roads and Northern Virginia. The increase will be .3 percent for the remainder of the state. One percent of the total is a local tax, as the Virginia Manufactured and Modular Housing Association (VAMMHA) informs MHProNews.

(Photo credit: Horizon Land Company)

New Executive Director for Alabama Manufactured Housing Association Announced

June 18th, 2013 Comments off

The Alabama Manufactured Housing Association (AMHA) has announced the decision of their board of directors to promote Doris Hydrick to the position of Executive Director as of July 1, 2013. Ms. Hydrick served as assistant director for 16 years, with responsibility for planning meetings, education seminars, and regulatory matters, and was also personnel director and staff lobbyist. She volunteered to lead the Alabama Housing Foundation in 1999, a non-profit dedicated to assisting people of modest means who live in manufactured homes. Current Executive Director, Sherry Norris, who is retiring after 24 years with AMHA, says of Ms. Hydrick: “She is dedicated to the manufacture housing industry and the association. I wish her the very best and know she will continue her commitment to AMHA members and the industry on the state and national level.” MHProNews understands Ms. Norris will serve as president until the end of the year.

(Image credit: Alabama Manufactured Housing Association)

Relocation Authority to Continue?

April 3rd, 2013 Comments off

MHProNews has learned from delawarenewszap members of the Delaware Manufactured Home Relocation Authority (RTA) testified before the Joint Sunset Committee to extend the authority five more years. The HRA is set to sunset July 1, 2014. Established in 2003 to assist manufactured homeowners who need to relocate due to a land use change, the fund, now totaling $5,586,685.61, also pays for homes that cannot be moved and for removal and/or disposable of abandoned homes. Community owners and residents of the 200 MHCs in Del. each contribute $1.50 a month to the fund. Mitchell G. Crane, Chairman of the RTA, expects as the economy improves the fund will continue to be tapped as people relocate. A resident of Barclay Farms MHC suggested the RTA’s role be expanded to create a centralized authority that would work in the best interests of the community owners and the MH residents. Jill Fuchs says, “I urge you to let the RTA continue and adjust to the changing times of the past 10 years.”

(Photo credit: Ron MacArthur/capegazette–Rehoboth Shores near Long Neck DE)

Nation Grim about the Economy

August 7th, 2012 Comments off

HousingWire reports the Gallup Economic Confidence Index (ECI) dropped for the second month in a row, averaging -26 in July after falling from -22 in June. The nation grew more optimistic in the spring as the ECI rose to -17, but even this month’s score is far better than the -42 of July 2011. As for current assessments, 14% of the respondents said the economy is in good shape while 42% rated it as poor. For economic outlook, 36% said the economy is improving and 59% think it is getting worse. MHProNews has learned the numbers are based on a telephone survey of 14,043 respondents July 1-July 31, eighteen years and older in all 50 states and the District of Columbia.

(Photo credit: FotoSearch stock image)

CO Detectors Required in Manufactured Housing

July 17th, 2012 Comments off

MHProNews has learned that of a new state regulation requiring approved carbon monoxide detectors to be installed in all new and existing manufactured homes and multi-family manufactured homes effective July 1, 2012, whether occupied or sitting in inventory on a dealer’s lot. According to the law firm of Hart, King & Coldren of Santa Ana, California, RC (residential code) 315 , adopted by the Department of Housing and Community Development (HCD), requires all MH with a fuel-burning appliance to have the detectors, including those designed to have an attached garage, exempting only totally electric homes. Existing law requires all rental single-family dwelling units intended for human occupancy with a fuel-burning appliance or attached garage to have approved carbon monoxide detectors as of July 1, 2011; and all multi-family rental units must have the CO detectors in place by Jan. 1, 2013.

(Image credit: howstuffworks)

FHA Loan Restrictions Eased

July 2nd, 2012 Comments off

According to the Arizona Daily Star, the tough new Federal Housing Authority (FHA) loan restrictions that could have negatively affected one third of mortgage applications have been lifted to be replaced with a more lenient policy. Scheduled to have taken effect July 1, 1012, the original plan would have required borrowers with $1,000 or more collections or disputed unpaid bills to either resolve or make arrangements for payment before FHA financing could be approved. Disputed bills are not that unusual, but an open collection account may indicate nonpayment over an extended period of time, and therefore more of a risk. MHProNews.com has learned the new rule, not yet issued, will separate borrowers’ disputed bills from collection accounts rather than lumping them together.

(Image credit: Federal Housing Administration)

Sun Announces Quarterly Dividend

July 2nd, 2012 Comments off

REIT (real estate investment trust) Sun Communities, Inc. reports from Southfield, Michigan its board of directors has declared a quarterly dividend of $0.63 per share for the second quarter of 2012, payable July 20, 2012 to share holders of record July 10, 2012. According to RTT News, Sun reported a dividend of $0.63 per share each quarter from July 1, 2008 through Jan. 3, 2011 as well as this recent quarter. MHProNews.com has learned Sun owns and operates a portfolio of 162 MH and RV communities comprising 55,900 developed sites in North America.

(Photo credit: Sun Communities, Inc.)

Monthly Fees Increased for MHC Residents

June 27th, 2012 Comments off

NJ reports from Pennsville, New Jersey township officials have unanimously voted to increase fess on manufactured homes in MHCs from $24 to $28 a month, collected by the MHC owner and then forwarded to the township. There are approximately 200 homes in the White Oaks and Southbridge communities in this town that borders the Delaware River in southwest New Jersey across from Wilmington, DE. MH owners also pay for fire and police service as well as trash pick-up. The revised fee schedule was on the agenda in Feb. of this year, but several MH residents objected and the ordinance was shelved. MHProNews has learned the ordinance will become effective July 1 and will run through June 30, 2013, at which time the fees may be increased again.

(Photo credit: NJ–Pennsville Town Hall)

Modular in the Middle East

June 21st, 2012 Comments off

From The Jerusalem Post in Israel MHProNews.com learns 33 families currently residing in five apartment buildings in Ulpana will voluntarily leave their outpost in the West Bank by July 1 and move into modular housing in nearby Beit El. The High Court of Justice said the buildings have to be removed because they are on private Palestinian land. Ulpana residents agreed to leave peacefully, adding, …“this battle between brothers is tearing apart the Israeli public in general, and our population in specific.”

(photo credit: Wikipedia Commons–Beit El, Israel)