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Posts Tagged ‘Kansas’

Confusion, NIBMY-ism Hits Mid-American Town

October 21st, 2016 Comments off
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Credit: Hutchinson News.

Residents in the northeast district of Hutchinson, Kansas have raised objections to a city council vote approving the seeking of a grant for the development of 16 moderate income apartments in the Hampton East area.

According to the Hutchinson News, council member Jade Piros de Carvalho, who represents the northeast district, said she got a dozen emails the day after the approval, mostly from residents of the Foothill Estates neighborhood. She also saw people airing fears about the development in Facebook posts.

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Jade Piros de Carvalho. Credit: Hutchinson News.

The most common concern residents approached her with was what moderate-income apartments would do to property values in the area,” Piros de Carvalho said.

Other concerns raised included preserving the family-friendly character of the neighborhood, walkability in the neighborhood and class sizes at Plum Creek Elementary School, which sits next to the proposed development.

A few suggested the $400,000 grant would be better put to use fixing existing housing.

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Plum Creek Elementary School. Credit: Hills on Halstead.

As Daily Business News readers are aware, misconceptions about affordable housing and incomes also effects the MH industry, in what has been referred to as NIMBY-ism (Not-In-My-Back Yard.) Our sister site, MHLivingNews, recently published an in-depth report on some facts and myths surrounding NIMBY-ism here.

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Nimby comic credit as shown, used here under fair use guidelines.

Developer Jim Strawn told the Hutchinson News that he thought people might be confusing moderate-income and low-income – although he was quick to say nothing is wrong with low-income housing.

The income guidelines to qualify for moderate-income housing are $28,013-$70,031 for a single person, $32,025-$80,063 for a family of two, $36,000-$90,000 for a family of three or $40,013-$100,031 for a family of four.

This includes housing for teachers, fire fighters and other similar jobs that bring in 80-120 percent of median income,” Piros de Carvalho wrote on Facebook, in response to concerns constituents had emailed her with.

Our regulations, by most people’s account, are actually very strict.

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Manufactured home – photo credit, archerland2005, Flickr.

There is some opinion that our insistence upon certain landscaping, sidewalks in new developments, etc., are unfriendly to developers and inhibit growth,” she said.

We really should be doing more to encourage this type of needed growth.

Strawn believes that being close to the school makes sense. The apartments were included in his plan, along with single-family homes.

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Jim Strawn. Credit: Hutchinson Chamber of Commerce.

What better place to put them than next to the school?” Strawn said.

Piros de Carvalho told the Hutchinson News that the proposed development fits well within the city’s zoning regulations.

In an R-4 residential district, the single-family homes and duplexes would be allowed without any extra permit. An apartment building will require a conditional use permit,” Carvahollo said, “But in an R-4 district, developers could put in manufactured homes – although not trailer [sic] homes – without any special permit.”

In the end, Piros de Carvalho is weary of overreaching.

I think it would be government overreach for the city to tell developers they couldn’t do something with their property that is allowed under city rules,” said Piros de Carvalho. ##

(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.

 

Modular Homes will Result from Land Bank Transfer

August 14th, 2015 Comments off

modu home under const   merchantcircle creditUpdating a story MHProNews published July 10, 2015 about non-profit Interfaith Housing Services in Hutchinson, Kansas set to receive property from the Hutchinson Land Bank for two modular homes, land bank chairman Mark Eaton said, “We are very excited to transfer our first property. And we have three other properties that are in various stages of transfer,” according to hutchnews.

Legally separate from the city, the land bank was formed in January 2014 to return abandoned and foreclosed properties to the tax rolls. The property on Avenue G where the two modular homes will be sited was donated to the land bank this past January. A grant from the U. S Department of Housing and Urban Development will pay for the homes.

Ron Fisher, Interfaith Housing Director, said, We are working to improve the neighborhood, and partnering with the land bank worked well for us.” ##

(Photo credit: merchantcircle-modular home being prepared)

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

Homeownership Rate Continues its Decline

July 31st, 2014 Comments off

homeownership   fotosearch stock photoAccording to kansas.com, the U. S. Census Bureau reports the overall homeownership rate dropped to 64.7 percent in Q2 of 2014 from 66.9 percent in the same quarter five years ago. For those under 35, the Millennial generation, homeownership has dropped from 39 percent in the second quarter of 2010 to 35.9 percent for Q2 2014, likely the result of tight credit, student loan debt and a continuing elevated unemployment rate, as reported by Harvard University’s Joint Center for Housing Studies. A Fannie Mae survey of adults 18 to 39 revealed 50 percent of the respondents who were renting want to buy a home but do not think they can get approved for a mortgage. The two largest obstacles are lack of sufficient credit and ability to put together a down payment, as MHProNews knows. The Joint Center’s report says 2.7 million millennials will be entering their 30s in the coming decade and that should give a lift to the housing market. ##

(Image credit: fotosearch.com)

High Rents + Low Mortgage Rates = New Landlords

June 19th, 2014 Comments off

As CNNMoney reports low mortgage rates and rising rents make it profitable for homeowners to retain their former homes and become landlords, earning more than the expenses. Susan Young of Kansas refinanced her home at 3.25 percent with a 30-year fixed rate mortgage and bought another home. She receives several hundred dollars over and above monthly expenses and is using that to pay down her loan. “If the interest rate was high, I’d sell,” she said. “But this is such a perfect loan package, I just can’t bring myself to give it up.” When rates were below 3.4 percent between 2011 and 2013, Redfin reports 19 percent of homeowners either refinanced or purchased a home. While home prices remain 21 percent below their mid 2006 levels, MHProNews has learned rents have risen 20 percent since then, potentially helping those whose mortgages remain underwater and cannot profit from a sale to gain some financial footing. ##

(Image credit: rent-direct.com)

County Commission Approves Manufactured Home Request

December 25th, 2013 Comments off

Following up on a story MHProNews posted Dec. 24, 2013 regarding a family in Kansas who requested a variance to allow them to temporarily site a manufactured home on their property while their fire-damaged home was rebuilt, the request was approved, according to cjonline.com. Randall and Monica Rose and their adult daughter, Alison Davenport-Clanton, asked for a zoning exception to allow them to take care of their goat herd and chickens instead of relocating during the six months needed for the rebuild. The Shawnee County Commission voted 3-0 to approve the request.

(Photo credit: thetimesnews.com)

Modular Housing Producer Sued for Lost Block Grant Funds

December 4th, 2013 Comments off

When John Samples received $750,000 funneled through the Osage City City Council and the Kansas Department of Commerce in 2006 for his Kan Build modular housing business via a Community Development Block Grant (CDBG), it was considered a safe gamble. Samples was a successful businessman who had received accolades including Entrepreneur of the Year, had donated money to 4-H and other organizations, and had previously rescued Kan Build from going belly-up. However, the subsequent collapse of the housing market led to the company’s closing in 2011 and the loss of 108 jobs created by the grant. CDBG funds come from the federal government and then are funneled through the state to local governments which grants the monies to businesses in the form of low-interest loans. As MHProNews has learned from cjonline.com, Osage City is suing Samples for the return of $735,000, although reportedly he is in poor health and has fallen on hard times. The good news is the bank that financed the loan for Kan Build found a buyer for the building, which will put the property back on the tax rolls.

(Photo credit: merchantcircle.com–modular home under construction)

Universal Forest Products Opening Salina Facility

March 1st, 2012 Comments off

Arkansas Trees, Photo by Eric Miller

From Salina, Kansas and KSAL News Radio, MHProNews.com learns that Universal Forest Products will lease 15,000 square feet of a 30,000 square feet facility in the Salina Airport Industrial Area. The Grand Rapids, Michigan company manufactures and markets wood and wood alternative products for the manufactured housing industry as well as retail home centers and forming products for concrete construction. Accoding to the report the Kansas facility will assemble industrial packaging crates and pallets in support of industries in the area that ship large items, or large quantities of items. Universal Forest Products plans to hire five to eighteen people in the first twelve to eighteen months of operations.

(Photo Credit: Eric Miller)

NAHB’s Improving Market Index Grows by 29 Metro Areas

February 7th, 2012 Comments off

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) identifies metro areas that have shown improvement in housing permits, employment, and house prices for six consecutive months. MHProNews.com has learned the Housing markets that meet this criteria expanded by 29 for Feb. to 98, and include some hard hit cities—Miami, Memphis, Boston, Detroit, Kansas City, MO, Portland, OR, and Salt Lake City. “The fact that there are nearly 100 markets now on the improving list shows that the momentum is building for a housing recovery and that more buyers and sellers are starting to feel confident enough to return to the market,” said Kurt Pfotenhauer, vice chairman of First American Title Insurance Company. Meanwhile, seven metro markets fell from the IMI list. San Jose, Ca, Kankakee, IL, Washington, D.C., New Orleans, Jackson, MS, Worcester, MA, and Sherman, TX all experienced falling home prices.

(Photo credit: Wikipedia)

Student Housing Threatens MH Community

January 19th, 2012 Comments off

Aspen Heights LogoFrom Kansan.com, MHProNews.com learns that the existence of what the authors refer to as a mobile home park is under threat by the pending development of student housing. The community known as Gaslight Village could be replaced by housing developed by Austin, Texas-based developer Aspen Heights, which according to the report is seeking a contract to buy and redevelop the park and replace the approximately 150 mobile homes with rental homes for students. For that to happen, the land must be re-zoned from single-family to multi-family. Owned by Mid-America Manufactured Housing Communities, residents of Gaslight Village recently received a letter assuring them that space was available in other local mobile home parks.

(Image Credit: Aspen Heights)

Senate Committee Sidetracked by CFPB Head Nomination

December 8th, 2011 Comments off

NationalMortgageNews reports a Senate Banking Committee hearing to discuss the work regulators are doing at six different agencies to implement Dodd-Frank became embroiled in an exchange about a seventh agency not in the room. Legislators sparred over the impending vote of Richard Cordray to head the Consumer Financial Protection Bureau (CFPB). Republicans want structural changes made to the agency, while Democrats blame Republicans for refusing to allow a vote on his nomination. Sen. Richard Shelby, (R-Ala.), asked Deputy Treasury Secretary Neal Wolin if the administration is seriously interested in discussing the issue. Wolin replied, “Well, I think, Senator, what we’re very interested in is the Senate considering Richard Cordray.” Sen. Bob Corker, (R-Tenn.), leveled a charge of political game-playing at Wolin. President Obama said, during a campaign stop in Kansas, “Everyday we go without a consumer watchdog n place is another day what a student, or a senior citizen, or member of our Armed Forces could be tricked into a loan they can’t afford—something that happens all the time.”
(Graphic credit: CFPB)