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Posts Tagged ‘manufactured home community’

New Manufactured Home Community Research Data – Site Fees, Occupancy Survey, YoY Changes, 20 Top U.S. Markets

April 30th, 2019 Comments off

 

LotRentSiteFeesManufacturedHomeCommunityMobileHomeParkResearchDataCompJLTAssocMarcusMillichapMHProNews

Before you take out that credit card to pay for similar data to Datacomp-JLT or others, why not look at what this free snapshot provides. It may save you some money.

 

In a release to the Daily Business News on MHProNews, Marcus & Millichap Research Services provided the following snapshot.

The graphic represents their compiled data from a variety of sources.

 

20TopMetrosUSManufacturedHomeCommunityMobileHomeParkLotRentSiteFeesVacancyRatesYoYChangeAveragePadRentMHProNews

As an additional data point, consider this from Sun Communities recent investor presentation.

 

SunCommunitiesIncSUIRentalofManufacturedHomeVsOtherRentalComparisionsFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

The data on left is for the rental of a home and the site.

SunCommunitiesIncSUIFactorsPoweringGrowthFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

Marcus & Millichap is one of the publicly trade companies tracked in our evening market report. For the latest data on their firm and others from the manufactured home industry from Tuesday evening, click here.

As a disclaimer, the firm said, “The information contained in this report was obtained from sources deemed to be reliable. Every effort was made to obtain accurate and complete information; however, no representation, warranty or guarantee, express or implied may be made as to the accuracy or reliability of the information contained herein. This is not intended to be a forecast of future events and this is not a guaranty regarding a future event. This is not intended to provide specific investment advice and should not be considered as investment advice.”

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

That’s this tonight’s manufactured home “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers do.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

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Sun Communities Under the Hood – Data Reveals – Manufactured Homes, Communities, Comparisons with Conventional, Multifamily Housing

$170 Million Manufactured Home Community Acquisition by Giant RHP Properties, 17 MHCs, Now 25 States

 

“Don’t Mess With the Virgin,” Heated Fair Housing Manufactured Home Community Controversy Comes to Conclusion

Law Scrutinizes Equity LifeStyle Properties (ELS) Score of Resident Owned Community (ROC) Deal

GIGO, Esther Sullivan, Clayton Homes, Boston Globe, GSMOL on ‘Manufactured Insecurity-Mobile Home Parks and Americans’ Tenuous Right to Place’

Fannie Mae Reports Billions in Manufactured Home Community Deals, Details Others Lack

MHI CEO Dick Jennison’s Pledge – 500,000 New Manufactured Home Shipments

Eye Opening – Manufactured Homes in National, Global Context

 

 

 

 

 

 

 

 

Upcoming Special Opportunities Intelligence Reports, Plus Headwinds, Immediate MHC Independents Warning

April 13th, 2019 Comments off

 

UpcomingSpecialOpportunitiesIntelligenceReportsPlusHeadwindsImmediateMHCIndependentsWarningDailyBusinessNewsMHProNews

Businesses, organizations, and professions are based upon solving some need(s).  Keep that simple truth in mind.

 

 

In the case of our industry, that need is for affordable housing, and/or for ‘fast homes.’  Manufactured homes are not instant, but compared to many other operations, HUD Code homes are quicker.

This morning we will tease two upcoming reports, but our focus today is on an immediate headwinds and threats to manufactured home independents. That looming dagger is most notably in the land lease manufactured home community sector, but by extension, into other arenas too.

 

Upcoming 1: There are numerous opportunities that manufactured housing can and should serve. One very specific one will be featured in a report that should be ready next week. Demographic changes are creating opportunities that the big boys will know, but operations of small to medium size need to better understand in order to profit from.

Upcoming 2: perhaps as soon as tomorrow, we will publish a turning ‘lemons into lemonade’ report, that takes nettlesome issues that create headwinds for the industry and reveals how they can become opportunities in disguise.

Immediate – even this morning’s ‘headwinds’ report – which outlines risks current and coming, could be turned into opportunities in disguise for savvy professionals.  So read with care, don’t skim.

 

Superficiality-is-the-curse-of-the-modernWorldMatthewKellyQuoteFancyInspirationBlogMHProNews720

Warren Buffett didn’t say it, but another successful and ethical business guru – Matthew Kelly – did. Want to understand something enough to benefit from it? There is no substitute to investing the time needed. Buffett says he reads 5 to 6 hours a day. Wow…but look were that got him. Invest an hour or two a day on MHProNews and MHLivingNews, and share them with your team.  You will have more intelligence for your professional life if you do so. 

 

With those upcoming features noted, let’s dive into today’s Manufactured Housing Intelligence Report for Independents.

 

 

Behind the Curtain of John Oliver’s Mobile Homes Viral Video? MHAction, and Their Agenda

First, the facts. Much of the John Oliver satirical viral hit on manufactured housing ne’er do wells was sourced from MHAction related materials. This is easy to identify because Oliver shows the ‘white paper’ that includes MHAction in his report.

 

MHActionPrivateEquityGiantsConvergeManufacturedHomesLastWeekTonightJohnOliverMobileHomesVideoStillMHProNews

You build a case, by laying out the evidence, one fact at a time.

PrivateEquityGiantsConvergeOnManufacturedHomesMHActionDailyBusinessNewsMHProNews

You can download their ‘white paper’ at this link here.

That is the same white paper that MHProNews spotlighted for industry independents a few weeks ago. The Washington Post, followed by other news media outlets, reported on that same MHAction co-branded ‘research.’  Note that then and now, the Manufactured Housing Institute (MHI) response was the same. Per sources, they shared a few things with various state executives and others, explained why they really could not effectively respond, and it was just best to let the matter blow over.

Really?

Question. What do they get paid millions of dollars a year to do? Is MHI paid to give excuses? As one source with knowledge told MHProNews, they are committing “association malpractice.” That same source also said MHI has about $4 million in their reserves fund, and that they could mount an effective reply if they wanted to do so.

So why don’t they?

The apparent response from those smiling faces in Arlington, VA where MHI is headquartered is that they obviously don’t want to reply to attacks on the industry, even in this case, when several of those attacked are their own members. That begs the question, why not defend even your own?

As a non-industry attorney investigating manufactured housing issues that called MHProNews this week noted, who benefits from the MHI inaction? Who is harmed by their inaction?

Moving back to the MHAction co-branded ‘white paper.’

Let’s recall where MHAction gets their funding. No conjecture is needed, because here are some eye-opening facts.  Keep in mind what investigative reporter Sharyl Attiksson says, “follow the money.” ICYMI, you can click on the linked report later for more details and insights.

 

Watchdogs? Attack-Dogs? The Smear, and Manufactured Housing

 

A) From the bottom of their home page, we see this.  The image is a collage, but from their website with MHProNews comments.

 

MHActionHomePage2019-04-13_0857TheAdvocacyFundThePresidioDailyBusinessNewsMHProNews

Building that case, one fact after another. Follow the money trail. Ask who benefits? Cui Bono?

 

B) As a reminder, a resident group informed MHLivingNews last year about MHAction’s ties with the Tides Foundation. The Advocacy Fund gets money from the Tides Foundation.

 

TidesAdvocacyFundSupportsMHActionDailyBusinessNewsMHProNews

 

C) Who are the top donors to the Tides?

 

TidesFoundationNovoFoundationWarrenBuffettMHActionDailyBusinessNewsMHProNews

 

D) Who gave the money to the top donor, the Novo Foundation? Warren Buffett.

 

NoVoFoundationWarrenBuffettPeterBuffettJenniferBuffetInfluenceWatchDailyBusinessNewsMHProNews

FollowTheMoneySBDailyBusinessNewsMHProNews

 

Summing Up Before Moving Onto What’s Coming Next

We are left with the inescapable fact that Buffett’s largess helped pay for that MHAction co-branded ‘white paper’ attack on private equity firms investing in manufactured home communities.

We see that MHI, and several state executives affiliated with them, are saying let’s let this blow over.  Buffett’s Berkshire brands in MHVille dominate MHI, as the do numbers of state associations too.

That MHAction co-branded ‘white paper’ targets giant firms, and a common thread is that the ones noted by Oliver’s video were MHI members.

Just as big banks can handle regulatory hurdles better than smaller ones, so too big companies can afford to take media hits easier than smaller firms. So while it may seem counterintuitive to fund those that attack your own interests, that what is occurring. The purported logic is they can take it better than you as as a smaller business can.

To the general public watching that John Oliver video, yes, it may make Warren Buffett, Clayton Homes, Frank Rolfe, or others look bad. But that casual observer sees the entire industry looking bad. Here are some actual comments posted on the John Oliver video

 

  • You had me convinced things are wrong when you stated how many people live in mobile homes” – Chris McElroy.

 

  • John Oliver can take any topic I’ve never cared about and make them extremely interesting.” – Perfect Dawnn.

 

  • I’m laughing on the outside but crying inside,,, of my mobile home.” – dustymcdirt.

 

  • Wow, a connection between Warren Buffet and Duck Dynasty.” – TlalocW.

 

  • Wow I never knew all this before. We never hear these on NBC, CBS, ABC, FOX etc.” – Maximus Augustus.

 

  • Socialism for the rich Capitalism for the poor” – LAVIN20.

 

  • You gotta admire the dedication this show’s crew has to actually enroll in these shady seminars just to find out how awful the people behind these things really are.” – Floating Sunfish.

 

MHI, and the states, are doing little more than hand wringing. Hey! Daddy Buffet Bucks helped pay for this assault?!

Are you an MH Independent?  If so, do you see the various ways that the powers that be can hit you with unexpected headwinds?  But there is more.  Like a grand master in chess, your opponents are thinking several moves ahead.

Here is what they’ve already signaled, per sources to MHProNews, on what they are working on next.  The John Oliver viral video on “Mobile Homes,” or the Washington Post and related reports that MHAction – thanks to funding from Uncle Warren – are arguably preparing.  You may look back and think of this as the calm before the coming storm.

 

 

What’s Looming Next?

Start with two words. Rent Control.

The next ‘white paper’ the folks at MHAction are pushing is one calling for broader rent control. It is a threat to MH Communities that are independently owned.  But don’t think that the impact stops there, because our industry is interconnected, so others in MHVille will feel the impact too.  You can access their sadly flawed 2-page summary of their thinking on that issue from the image below, or this link here.  MHAction and their allies are calling for nationwide rent control.

 

OurHomesOurFutreRentControlPromotedByMHAction-DailyBusinessNewsMHProNews

Download their two page summary promoting the flawed notion of rent control, at this link here.

 

We’ve debunked its value before, but the most recent report on that is linked below.  We’ll plan a follow up on the MHAction backed item in the days ahead.  ICYMI – our prior Daily Business News on MHProNews exclusive report, see that at the link below.

 

Rent Control & MH – Politicians “Are Carpet-Bombing Our State With Regulations That Will Deliberately Destabilize The Housing Market And Leave It Obliterated”

 

If you are an association member in a post-production or umbrella trade group, ask your leaders, or yourself, what are they doing to head this off?  That’s what a good trade association does to earn their keep.

 

 

Washington Politicos, Advocates Are Watching John Oliver’s Video

 

Sources are telling MHProNews that the John Oliver “Mobile Homes” viral video has been raising concerns in Washington, D.C. While that doesn’t always result in legislative action, it could. Do you hear that from MHI? What happened to Nathan Smith’s pledge to make MHI more proactive?

 

 

The industry’s independents are left with several vexing problems.  Among them is the question of feeding the hand(s) that bite them, by paying an association(s) that may be working against your interests. Or doing business with brands that may be working against your long-term interests as an independent. Or that some associations stand mute when challenges like these artificially generated headwinds arise.

No easy way out?

If you’ve been paying an organization to protect-educate-promote your firm, perhaps saving those dues or fees would be a useful first step?

Or as a notable association member suggested, there may need to be a battle within those trade groups to wrestle control away from the powers that be which are arguably leading the industry into one ambush after another.

We began this column with a simple truth.  Businesses, organizations, and professions are based upon solving some need(s).  What need does MHI solve?

If their purpose is to help consolidate the industry into ever fewer “big boy” hands, they are succeeding at that mission.

But in that case, MHI would arguably be falsely claiming to represent “all segments of factory-built housing,” when in fact they seem to be serving only a favored few.

Our industry has powerful and timely truths, but they are being obscured by messages like Oliver’s and MHAction’s. The good news about manufactured homes, communities, or the industry at large are not being successfully defended or promoted by MHI. The shipment data proves that all too well.

Febuary2019NewHUDCodeManufacturedHousingShipmentData

 

The facts and quotes that follow demonstrate a snapshot of why this current downturn is avoidable.

 

2018DataShareofHousingMarketManufacturedHousingInfographicDailyBusinessNewsMHProNews612

AllTruthPassesThrough3stagesFirstRidiculed2ndViolentlyOpposed3rdAcceptedAsSelfEvidentManufacturedHousingIndustryDailyBuinessNewsMHProNews

CaseyMackLegacyHousingManufacturedTinyHomesKudosMHProNews

DearTonySoheylaNoGreaterResourceSpeakstoIssuesOpportunitiesWeFaceAsIndependentRetailersGusRodriguezTejasHomesTX

Gus’ message came in response to a series of exposes on issues within manufactured housing, as well as tips, strategies and opportunities.

TomFathCreatedAnIndustryUnderAssaultQuoteWeSucceedWhenCustomersAreHappyDailyBusinessNewsMHProNEws

That’s Saturday’s edition of “Delivering to Manufactured Home Independents & Investors Useful Intelligence for Your Professional Life.” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers do.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

You can click on the image/text boxes to learn more about that topic.

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“Billion Dollar Empire Made From Mobile Homes,” What Washington Post’s Peter Whoriskey Didn’t Report

Why is Seattle Dying? Affordable Housing, Misplaced Compassion, and Manufactured Homes

MarketWatch Reports on Manufactured Housing, 2018-2019

Bryan Manufactured Homes Ban Passed, But Petition Count, Other Legal Moves May Stop Texas City

Michigan Association’s Video Campaign, What They’ve Said About Manufactured Home Living

Warren Buffett Wades Into Politics, Why Not John Oliver’s Piece on “Mobile Homes?”

 

 

 

 

 

 

 

 

“Tug of War” – Manufactured Home Community Legislation – “Vicious Cycle Goes On,” Impacting Industry, Home Owners, and Potential Buyers

March 13th, 2019 Comments off

 TugofWarManufacturedHomeCommunityLegislationViciousCycleGoesOnImpactingIndustryHomeOwnersPotentialBuyersDailyBusinessNewsMHProNews

How does the manufactured housing industry, it’s current and potential home owners achieve mutual victories? That ought to be a key issue for professionals, investors, indeed all in the mix.

 

Here’s how a multi-year manufactured home industry leader put it.

ChristStinebertPhotoFormerMHIPresidentCurrentAmericanFinacialServicesAssociationPresidentAFSA-DailyBusinessNewsMHProNewsThe entire industry must focus on one goal – increasing the value proposition to the homeowner. If we cannot offer our homeowners realistic value for their housing dollar, how do we expect to compete in the marketplace. This means giving the customer true value with their purchase, then keeping them happy after the sale. This means insuring the homeowner builds equity and wealth in their home. And finally, this means providing for stable, viable resale market for when it is time to sell the home. Once the industry delivers this value, the rest will fall into place naturally.”

 

That point was made by former Manufactured Housing Institute (MHI) President Chris Stinebert. See his full commentary, linked here.

 

That goal of Stinebert’s ought to be at the heart of what all sides consider in a looming state legislative slug fest. The Daily Business News on MHProNews will explore the issue in depth, below. Why?  Because this pending bill is a symptom of a broader problem, that based on years of trend-lines and left unaddressed will leave manufactured housing stuck in low gear.

That would harm the interests of most businesses, home owners, housing seekers, investors and others in the mix.

Here’s the genesis of how this issue was brought to MHProNews’ attention.

 

 

Mainstream Media Outreach for Background on Pending Legislation

An email came in 3.12.2019 from a reporter to MHProNews’ publisher yesterday morning. As is often the case, the journalist had a deadline – in his case – for that same day. It was a request for ‘on the record’ comment about a bill pending at the state level that would impact community owners, management companies, and mobile or manufactured home residents.

By late afternoon, that reporter’s article was already written and published.

On Google’s news function, it was the top article last night under both “manufactured home” news searches and “mobile home” news searches. That’s important, as will be revealed later.

 

BradentonHeraldLATonyKovachinNewsFloridaMobileHomeParkOwnersEvenMorePowerOverHomeownersDailyBusinessNewsMHProNews

 

The screen captures above and below document that point.

 

BradentonHeraldLATonyKovachinNewsFloridaManufacturedHomeCommunityOwnersEvenMorePowerOverHomeownersDailyBusinessNewsMHProNews

 

To a reporter doing his research and making his inquiry, it might have seemed like a black and white issue.

But in fact, the tension between community owners and those residents involved is arguably an artificially created problem. It is avoidable, but only if the various parties begin to understand what caused these symptoms that lead to the legislative proposals and resulting tensions in the first place. That will be covered further below.

This is therefore a useful example of lessons learned in dealing with media, public officials, or other researchers who want the truth, instead of some pre-packaged agenda driven response.

The print journalist should be commended for getting a range of perspectives, and then trying to accurately reflect them in his report. Note that headlines are often the work of an editor, not the journalist.

Here was the segue that led to the reporter’s question to MHProNews’ publisher. As is our custom here on the Daily Business News on MHProNews, direct quotes are in brown and bold text. The first and last paragraph are from the reporter, the big middle paragraph is from a third party, and it is what the reporter wanted reaction to for his report.

MarkYoungPhotoBradentonHeraldUrbanAffairsReporterLinkedInDailyBusinessNewsMHProNews

The first and third paragraphs at the right are Mark Young’s statement or questions, while the large paragraph in the middle was the statement he was receiving comments and reaction to from industry expert, L. A. ‘Tony’ Kovach,

On a different matter, I’d like your official input on another story. I received the following email today:

 

“Are you aware there are bills before the Florida Legislature that will have a tremendous impact on the lives on those that live in land leased mobile home parks.  723.035 will amend the law to include the responsibility for mowing, trimming trees, power washing, and painting their home, just to name a few.  If, after notice from the park owner, if the violations are not corrected within the stated time, the park owner may enter the lot, perform the work and charge enough to “ensure compliance in the future”.  Though we do see the need for some method of keeping up appearances of the community, it is that “ ensuring compliance “ that we object to.  And can you envision the elderly trimming our live oaks and palm trees.  Can you imagine being away on vacation and not receiving the notice that your home needs painting, only to return and find that it has been painted and you are receiving the bill for it.  The other large issue in the bills, is mandatory binding arbitration for minor violations of Homeowners Associations. There are many land leased mobile home parks in the Manatee Sarasota area, I thought this may be of interest to them.  Thank you for your time.”

 

Are you up to speed on this? Thoughts? Good idea, bad idea? I’m hoping to have a story on this today. I just got in so still have to research it.”

 

Note that the journalist didn’t reveal who spoke those words?  That’s fine, but the writer did provide a direct quote, to which publisher L.A. ‘Tony’ Kovach responded as follows momentarily.  The final news product had the video below, which of course was not made available to Tony until after the print journalist’s report was finished. The video was credited to another person other than the article’s reporter.

 

 

 

 

As a housekeeping note for professional reader clarity, the other items being discussed between the mainstream journalist and Tony Kovach are edited out as not germane to the issue the print reporter was focused upon for an article about pending legislation. Kovach began addressing the reporter on his requested topic as follows.

 

Now, to your question. It’s not as simple as you might think.

As to the pending legislation, I’m not familiar with the specifics of the bill.  The Florida Manufactured Housing Association (FMHA) could give you their feedback.  That said, I am broadly familiar with the issues being mentioned, and will give you insights few if any will care to share.

At present, there is a tug of war that takes place all too often between home owner groups and some manufactured home community owners and most industry trade groups.  While the issues can be significant to the residents and community owners alike, the source of tension are frankly symptoms of broader issues. 

Here’s why. 

More manufactured home communities are closing than are being opened.  That fact has several impacts on the business marketplace, manufactured home owners, and potential customers.  Using the issues you asked about as an example, here’s how that plays out in the real world. 

First, it is in everyone’s interests to keep a community neat and clean. Mowing grass, trimming trees, etc. are both safety and appearance issues that protect the value of the home owners and community alike. 

The question is, how is a valid goal best accomplished?  Let’s look at a hypothetical case, and you’ll see why this simple question can be problematic in practice.

John and Mary Smith are getting fined for unmowed grass by an overly aggressive community owner.

Unlike an individually owned land-lease community, where the community owner may interact with their residents daily, the corporate giants are answering to investors.  Those giants can ‘get away with’ steep fines or other practices in part because the resident have few if any other options. 

The resident can’t move their manufactured home with ease.  Manufactured homes can be moved, but it requires specialized equipment and experienced professionals to move them, that’s thousands of dollars.  It’s part of the reason why once they are properly installed, manufactured homes are better thought of as immobile homes rather than ‘mobile,’ it’s costly to move.

But that cost to move would be less relevant if there were plenty of competitors in a given market that were opening up new land-lease communities.  30 or 40 years ago, these sorts of tension issues between management and residents just didn’t occur as they do now.  Why?  Because new communities were being built. If some resident didn’t like management company X, and that resident was in fact being mistreated by the management at X, new community owner Y may pay to have that customer’s home moved to Y’s new community. 

Rephrased, normal supply and demand decades ago created options for everyone in the mix. That in turn kept all parties at a more level playing field.  Management treated residents fairly, because they didn’t want to see their home moved. Makes sense?

Which bring us to a broader issue. How is possible that during an affordable housing crisis, there are so few manufactured home communities being built or expanded?  Factually, manufactured homes are the most proven kind of affordable housing, period. The graphic below summarizes key data points, from 2018. The problems that were associated with the construction, safety, and energy standards of older mobile homes were largely resolved after the federal HUD Code for manufactured housing went into effect on June 15, 1976.  Put differently, the issues over quality or durability of construction were resolved almost 43 years ago.  Yet the stigma remains.  Why?

Those federal standards for manufactured homes ought to be preemptive, especially since the passage of the Manufactured Housing Improvement Act of 2000 (MHIA), which established “enhanced preemption.”

But for a variety of reasons, some major industry trade groups won’t routinely publicly defend and promote that preemption.  An arguable case in point is the Manufactured Housing Institute (MHI). State associations often follow MHI’s lead.

Here’s how that plays out with John and Mary.  Let’s say that there were too few manufactured home communities being built, as is now the case. The Smith’s could, in theory, move to a privately owned site that they buy.  Enhanced preemption makes that possible.  By the way, the fear that NIMBY forces have of a manufactured home installed next door has been debunked by HUD research and others.

 

 

But for whatever reason, many – but not all – trade groups may posture support for enhanced preemption, but they do little in practice to support it. Some manufactured home community association leaders won’t even mention it. 

By de facto failing to encourage a robust array of options for current and future community residents to turn to, the existing manufactured home communities become in some ways ‘more valuable’ real estate.

What ends up happening as a result are scenarios like this bill you are asking about.  Resident groups want to nix it, because they don’t want (understandably so) a community owner to excessively fine them. Communities want the ability to do so, for both just – and potentially unjust – reasons.

The ‘solution’ that more radical resident groups like MHAction promote is that communities should all be resident owned communities (ROCs).  But that brings us back to Millie Francis. She lives in a resident owned community.  She is supposed to have certain safeguards. In fact, Millie told me she was fined for unmowed grass, and otherwise harassed prior to her Our Lady of Guadalupe artwork incident. Where was her protection as a shareholder in her community?

The solution to this patchwork of overlapping problems is to stop the artificial manipulation of the market.  By action or inaction, big corporate interests and their trade groups can increasingly gain control over more once independently owned communities. With little effective competition, the residents become trapped.  But the answer isn’t ROCs, as Millie’s case proved they can be just as overreaching as an aggressive large community owner might be.

Finally, I’m not saying that every big community is bad, nor that every small community owner is good.  [So] the dynamics above may or may not fit specific cases.

To answer your final question, it isn’t a good or a bad idea. It’s entirely misplaced.  They are looking at symptoms, not the cause.

The underlying causes for the tension will likely remain unaddressed by any such bill.  Until market forces are allowed back in, giving home owners choices, and giving manufactured home communities a natural check on overreaching, there are going to be no quick or easy solutions. Education has to be part of that mix, because lack of understanding causes fear, frustration and can lead to bad legislation. 

A case in point is rent control in the state of Delaware, where resident groups wanted that measure passed to prevent abuses by big operators.  The resident groups in fact got a bill passed.  Those same resident groups, now years later, are still unhappy.  The law doesn’t work as they thought it would. Meanwhile, those complex laws only push more small operators out of the business, and thus encouraged more big companies to buy out smaller ones.  No new communities are being built. And the vicious cycle goes on.

Make sense, sir? 

All the Best,

 

LATonyKovachMHLivingnewsMHProNewsPHotoTony

 

L. A. ‘Tony’ Kovach
www.MHLivingNews.com|www.MHProNews.com| Office 863-213-4090 |

 

The article the reporter published is linked below.

 

 

 

BradentonHeraldBillWouldGiveFloridaMobileHomeParkOwnersEvenMorePowerOverHomeOwners

Thousands won’t go beyond the headline. It is one more black eye for the industry, and hurts the appeal and value of communities, retailers, and home owners among others. Before industry considers such a bill, they should realize that such headlines are likely to occur. The image above is a collage from the sources as noted.  The story is linked below.
https://www.bradenton.com/news/local/article227400579.html

 

Why it Matters? What Does This Reveal? 

First, there are voices in media across the left-right divide that want to frame stories to fit an agenda. Per third party surveys – many but not all in media tent to tilt left or Democratic, so that narrative is going to be more common. That said, there are a range of media today that likewise find audiences that cross that left-right divide. Some in media – perhaps cognizant of the charges in the last few years of ‘Fake News’ – want to get the facts correctly and accurately.  The point is that a journalist merits some benefit of the doubt, unless or until they reveal themselves as a mere hack for a particular perspective.

But all of those points mean that precise phrasing is important. This report in the Bradenton newspaper  – a McClatchy owned media outlet – is a case in point.

Every reporter feels compelled to cull out as much as possible to get to the heart of the matter. Good writers want to reflect the tension in a controversy that reflects ‘both sides.’

MHProNews readers can see for themselves that every quote used by the reporter was accurate. Keep in mind as you read the article linked below that the same process of culling out some details from each source the Bradenton Herald’s writer sought for comments is likely at play.  No one gets every word quoted, unless the quote is a sound bite only.

Superficiality-is-the-curse-of-the-modernWorldMatthewKellyQuoteFancyInspirationBlogMHProNews720

Warren Buffett didn’t say it, but another successful business guru did. Want to understand something enough to benefit from it? There is no substitute to investing the time needed. Buffett says he reads 5 to 6 hours a day. Wow…but look were that got him.

 

 

Back to Stinebert, MHARR – and The Third Way for Manufactured Housing?

At present, the arguable manipulation of the marketplace by forces within and outside of manufactured housing is leading the industry and its customers into what amounts to an oppositional or confrontational posture.  It is win-lose, and each side wants what it wants.

But the various parties may or may not always realize that they are dealing with symptoms rather than the core issue that Tony Kovach addressed in his commentary, quoted at length above.

That core issue is summed up in making the value proposition good for the consumer, and it is achieved by applying what the Manufactured Housing Association for Regulatory Reform (MHARR) has argued in favor of for many years.  Namely, robust enforcement of enhanced preemption and a level playing field in financing. Only that combination, says MHARR, will yield robust rising production.  It is achieved by ending the “Illusion of Motion” vs. seeking actual measurable results.

It is that third way – getting to the heart of the matter instead of dealing with symptoms – that manufactured housing professionals and resident leaders ought to ponder and pursue.  Because the lack of options for the resident-homeowner is indeed a factor that yields the “tug of war” dynamic.

In no particular order of importance:

 

  • Manufactured home communities, residents, and possible buyers are all being impacted by this confrontational dynamic. This kind of tug-of-war or ‘win-lose’ vantagepoint doesn’t tend to exist to this same degree in other American industries between businesses and their customers.  The natural order of free enterprise ought to yield more alignment than the currently manipulated marketplace all-too-often produces.  More typically, a business provides a desired service, and the customer is willing to pay, thus both routinely end up happy, because that is what keeps a business, in business. That’s healthy, while the current state of affairs is arguably harmful to each segment’s longer term interests.
  • Short-term thinking and behavior may appear to benefit the businesses briefly and the same may seem to be true for the mobile or manufactured home owners. But in fact, both sides end up with mid-to-longer term issues that will at some point artificially harm the interests of each. The current low level of new home sales is in part due to a steady stream of mainstream news reports that often appear problematic to the home seeking public. A possible home buyer won’t slug through this kind of nuanced analysis, but professionals or leaders keen on sustainability and win-win growth may.
  • There are no short-cuts. The multifamily housing world is growing, and that growth isn’t seen as problematic for existing apartment owners. So why is it stunted growth in manufactured home community development viewed as healthy or desirable by some in the manufactured home world? The current state-of-affairs mitigates against smaller firms in favor of larger ones.  But even bigger firms know the obvious parallel between manufactured home communities and multifamily housing. So why don’t leaders of larger operations see the longer term harm this current dynamic will eventually impose upon investors and resident-owners alike?  The status quo – viewed objectively – has a future Cavco Industries type threat looming over it, perhaps one that is even bigger.  Or, if a strongly leftist government takes root in Washington, D.C., or at a state house, then the interest of community owners could well be harmed sufficiently. It is avoidable now, so long as long-term win-win mindsets are at work.
  • Therefore, it is arguably in the long-term interests of most involved in such struggles to restore the marketplace to a more normal state affairs. That’s very much in keeping with what MHARR’s advocacy would yield. Enforce existing laws, and the market will be resorted to more normal, and eventually, robust health.

 

That would in turn yield what MHI’s former president Christ Stinebert called for, as previously quoted.

 

ChrisStinebertFormerPresidentManufacturedHousingInstituteAFSAceoMHIndustryMustFocusGoalIncreasingValuePropositionHomeOwnerMHProNewsQuotePhoto

 

Tony Kovach took the time to lay out and link up facts that allowed for a more nuanced final news product.  That should be a key part of what growth-minded associations, and businesses of all sizes seek.

The status quo is fraught with landlines. It creates winners-and-losers. That’s arguably not the norm in most industries. For longer term sustainability that leads to mutual victories, the status quo must be changed.

If current industry trade groups won’t adapt and to the best elements of the principles that MHARR and MHI’s former CEO made in his quote above, then new structures in the post-production realm must be established. Otherwise, the trend lines of more community closures than openings will yield only more woes.  It remains to be seen what the new National Association for Manufactured Housing Community Owners (NAMHCO) will do about such vexing controversies.

 

 

The Last Blockbuster?

The last Blockbuster store on planet earth was recently in the news. Not so many years ago, Blockbuster was a giant, but it failed to adapt. That’s a timely warning to the manufactured housing industry. The low new home shipment levels is another warning.  The time to act is ASAP, as soon as possible, preferably now.

Positive changes that yield mutual victories must be part of the mix. On that point quote above, Stinebert was arguably correct.

Which begs the question, why did it have to be Stinebert’s parting message? Was the growing influence of Omaha-Knoxville over Arlington based MHI already playing out?  See the related reports below for more insights on that question. “We Provide, You Decide” ©  ## (News, analysis, commentary.)

 

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Discrimination!? Ethnic, Racial Bias by Manufactured Home Community Investigated – Investors and Community Owner Alert

February 21st, 2019 Comments off

Discrimination!EthnicRacialBiasByManufacturedHomeCommunityInvestigatedInvestorsCommunityOwnerAlertDailyBusinessNewsMHProNews

Keenya Robertson is a fair housing advocate and the President of Housing Opportunities Project for Excellence (HOPE).  She said “Something is not right,” per Yahoo News.

 

People are being treated differently because they are from a different country.  That is a violation of the Fair Housing Act,” Robertson said, according to Local 10 News.

 

 

It’s an issue that may not seem to some to be discriminatory, at first glance.  But as one digs deeper, because a country of national origin is involved, it would be an apparent violation of the Fair Housing Act.  The racial composition of those nations may also be perceived as a factor.

MHCSuedAccusedofHousingDiscriminationByDepartmentofJusticeNadeenGreen-jd-for-rent-posted-daily-business-news-mhpronews

Nadeem Green, JD, Fair Housing attorney, author, instructor, now retired.

As years of articles published here on MHProNews by attorney Nadeen Green, JD – the “Fair Housing Lady” – advised manufactured home industry professional readers, the protected classes include: “Race, color, religion, sex, handicap, familial status, national origin,” as the National Association of Realtors™ (NAR) also states.

 

Lakeside Park Estates

In order to become a part of Lakeside Park Estates, a 55-and-older community of mostly Canadians who come to Florida for the winter, a member must first fill out a rental application,” said Yahoo News’ report. “The first page of the application lists what applicants would be charged based on their background. U.S. residents are charged $50, and from there, the prices go up significantly. The highest application fee listed is for natives of Colombia, who are listed as being charged $175 per adult for an application.”

Lakeside Park Estates is owned by Trinity Broadcasting Network, as the sign in the photo below reflects.  It is located just west of Interstate 95 on Pembroke Road in Pembroke Park, in Hollywood, Florida, explained the narrative by Local 10 News.

The property is a 55-and-older community reportedly made up of so-called ‘snow-birds’ who are mostly of Canadians, who winter in Florida.

 

LakesideparkEstatesHollywoodFlDailyBusinessNewsMHProNews

 

The first page of the Lakeside Park Estates application spells out what you’ll be charged to process their application.  That document states that a U.S. resident would pay $50.  But a Colombian would pay $175 per person.

 

ApplicationFeesDiscriminatoryUnequalTreatmentLakesideParkEstatesTrinityBroadcastingDailyBusinessNewsMHProNews

 

Robertson has been a fair housing advocate for approaching a quarter of a century, and she said, “I have never seen anything like it.”

Equality under the law means just that, say the experts.  Investors? Manufactured home community owner/operators?  Is a property you are involved in committing some blatant or subtle form of discrimination?  Bear in mind the related report, below the by line, which will be updated with a planned follow up soon. Stay tuned.

 

MH Industry Pro Takeaways?

In the meantime, it can be less costly to double check your paperwork and procedures, than it is to face litigation with individuals, fair housing advocates, state agencies, or the Department of Housing and Urban Development (HUD).  Bear in mind that in some states there are additional protected classes, as Green has previously said.

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Thorns and Roses In Manufactured Home Community Controversy

February 13th, 2019 Comments off

 

ThornsRosesManufacturedHomeCommunityControversyDailyBusinessNewsMHProNews600

Affordable housing is in crisis in much of America. Manufactured homes are the most proven solution that has been hiding in plain sight for decades.

 

 

As a recent report reminded readers, there were numerous third-party organizations and media reports in 2018 alone that to various degrees made the case for manufactured homes.

A focus group video of manufactured home owners, plus numerous real – vs. staged – interviews over the years demonstrate that the owners of pre-HUD Code mobile homes and post-HUD Code manufactured homes routinely love their homes. 

Tiny houses get tons of media love. So do RVs. But manufactured homes are less costly per square foot than either of those two options. Conventional housing isn’t perfect either, as mainstream media reports reflect.

 

Exposé! Heartbroken Conventional Housing Buyers? Dare to Compare Site Built with Modern Manufactured Homes

 

So, given each of those realites, how does one explain why manufactured homes are not more widely embraced?

As the Daily Business News on MHProNews reader ponders that question, mindful that research studies prove those points, turn to the next item.

Manufactured home communities (MHCs) are a useful part of that affordable housing solution.

MHCs have been increasingly in demand among investors for a decade or so. With few new MHCs coming on-line in recent years, and with thousands that have closed for various reasons, given the law of supply and demand, the property values on remaining MHCs have been steadily rising.

That in turn means rising site fees in MHCs, which has often sparked a hue and cry among resident-activists. 

The combination of factors has prompted a steady growth in the movement for residents owned communities or ROCs. 

While support for ROCs can span the left-right divide, it is fair to say that anecdotally, more support tends to come from those who self-identify with the political left.  

There are numerous currents and eddies that influences public perceptions about manufactured homes and communities. Despite the rollout of this or that previous effort by MHI, Clayton Homes, or others, the following reality is clear.

Manufactured homes are not connecting with the broad swatches of the public. That’s indisputably proven by the low total new home production numbers. It’s a post-production Issue.

Now, what to do about reality?

 

#NobleNotMobile? 

In a stated desire to boost public perceptions, ROC USA launched the #NobleNotMobile effort. The jury is still out, but so far, there’s not a lot of visible traction. That said, the notion is, well, a noble one. It is certainly better to light a candle than curse the darkness.

There are a number of resident groups in the U.S. ROCs are a standard staple in their narratives. 

Then, there are manufactured home post-production associations that have a stake in the image of the industry.

Given the collective poor performance in new home sales of any number of states, or the low national production totals of HUD Code manufactured homes, one might think that MHI, Clayton, et al, would awaken to the notion that public perceptions matter.

Indeed, their leaders have said that they do.

For those realists who grasp that public perception is an issue, consider the publicly posted comments that follow. 

 PublicCommentsMillieFranicsControversyDailyBusinessNewsMHProNews

 VirginMaryOurLadyofGuadalupeMilleFrancisBradentonTropicalPalmsDalyBusinessNewsMHProNews600

 

Those are a sampling of what has been posted on articles about the Millie Francis religious art controversy.

When Francis was asked by MHProNews if she thought this would be an issue if the painting where a menorah, a Star of David, a painting of Buddha or the prophet Mohamed, she replied “Absolutely not.” She is convinced that an element of this issue is what is painted. Given the examples of angels or other religious art in the same community, one might wonder.

Industry feedback has been mixed.

But consider this comment from the community sector, “Tony, Brian Gallagher is right in saying that we in the community business have residents with religious or secular art visible outdoors year round. The additional details from that [mainstream news] story [Tony] posted [on LinkedIn] makes it clear to me just how wrong the Bradenton Tropical Palms seem to be.”

Others may say that they care, but they also say that for this or that reason, they don’t want to get involved in this specific controversy.

Why not? Is it because religion is involved? Doesn’t that topic resonate with potentially millions of Americans our industry may want to attract?  Or would we rather turn that – and other target audiences off – by allowing this Bradenton Tropical Palms/ROC issue to fester?

Meanwhile, the Millie Francis saga rolls on. There is every reason to expect more mainstream news stories, like the one below, or perhaps more reports that have less balance that could make the matter worse. Take five, click the image or link, and read it.

 

Thorns and Roses in MHVille

Various species of natural roses have thorns. With one in 3 new manufactured homes, per MHI, going into land lease communities and with large numbers of vacant sites still awaiting residents, one might think that MHI or their NCC would have acted to nip-in-the-bud stories like this one about Francis. 

No one is saying that MHI, ROCs, resident groups – or anyone other than the Bradenton Tropical Palms, Vanguard Management or the Knox and Levine law firm – have caused the current state of affairs for Millie Francis, based upon the currently known information. 

But just as one may stop to help an injured stranger, isn’t there wisdom in trying to sort out how this matter might be brought to a positive end that could turn negatives into a positive?

At Valentines, some clip the thorns off roses before they are given to a loved one. Why hasn’t one or more of the industry’s leaders stood up to the plate, and turned a problem into an opportunity?

 

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MH Black Eye, or Opportunity in Disguise? Vexing Saga of Millie Francis’ Faith Based Art, Bradenton Tropical Palms ROC, Vanguard Management, Knox and Levine

 

Publisher L.A. ‘Tony’ Kovach’s commentary on this topic is linked above. More details are found linked below the byline, offers, and notices.   manufactured home “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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State-Level Data Provided for Total Manufactured Home Shipments in 5 Key States for 2018

 

 

 

 

 

 

Fannie Mae Reports Billions in Manufactured Home Community Deals, Details Others Lack

January 25th, 2019 Comments off

 

FannieMaeReportsBillionsManufacturedHomeCommunityDealsDetailsOthersLackDailyBusinessNewsMHProNews

In a release to the Daily Business News on MHProNews, Fannie Mae (OTCQB: FNMA) said that they have “provided more than $65 billion in financing to support the multifamily market in 2018 with its Delegated Underwriting and Servicing (DUS®) program. Fannie Mae continued to serve as a key source of liquidity by attracting a diverse investor base to purchase our DUS Mortgage-Backed Securities (MBS), while building a profitable and sustainable book of business.”

 

For more than 30 years, the DUS platform has brought stability to the multifamily market. Our innovative thinking is driving the industry forward and our commitment to serving our customers remains our top priority,” said Jeffery Hayward, Executive Vice President of Multifamily, Fannie Mae. “Our lender partnerships are also propelling Fannie Mae to be part of a global movement to transform rental housing to be healthier for residents and to help reduce energy and water consumption at the properties we finance.”

The Government Sponsored Enterprises (GSE) of Fannie Mae and Freddie Mac have both been given some latitude by the Federal Housing Finance Agency (FHFA)) for using certain qualifying loans on manufactured home communities as credits toward their Duty to Serve (DTS) requirements. Right or wrong, that use of DTS has been far more robust than it has toward single family manufactured home loans.

Fannie Mae was recognized in 2018 as the largest issuer of Green Bonds in the world, with more than $20 billion in Green MBS backed by either green certified properties or properties targeting a reduction in energy or water consumption. Fannie Mae increased its Green Financing portfolio to over $50 billion in 2018, driven by $20 billion in Green Financing. In 2018, Fannie Mae made LIHTC equity investment commitments towards meeting FHFA’s $500 million volume cap by deploying equity to rural and other underserved housing markets throughout the United States. Additionally, Fannie Mae led the affordable market with overall production of $7.4 billion, an increase of 9% from 2017,” stated their release to MHProNews.

Multifamily had another outstanding year in 2018, thanks to our lenders,” said Rob Levin, Senior Vice President for Multifamily Customer Engagement, Fannie Mae. “Together, we supported all market segments, bringing liquidity to the market, while building a balanced portfolio that reflects our strategy with strong credit quality and mission-rich business.”

The following list are the top 10 DUS Lenders produced the highest business volumes in 2018. Also listing that follows also includes the Top 5 Lender rankings for highest volumes in 2018 for Multifamily Affordable Housing, Small Loans, Green Financing, Seniors Housing, Structured Transactions, Manufactured Housing Communities, and Student Housing:

 

Top 10 DUS Producers in 2018             Volume ($Billion)

  1. Wells Fargo Multifamily Capital                      $8.1
  2. Walker & Dunlop, LLC                                    $6.9
  3. Berkadia Commercial Mortgage, LLC             $6.6
  4. CBRE Multifamily Capital, Inc.                        $6.1
  5. Newmark Knight Frank                                    $4.3
  6. Greystone Servicing Corporation, Inc.            $3.9
  7. Capital One, National Association                   $3.8
  8. KeyBank National Association                         $3.4
  9. PGIM Real Estate Finance                              $3.3
  10. Arbor Commercial Funding I, LLC                   $3.2

 

Top 5 DUS Producers for Multifamily Affordable Housing in 2018

  1. Wells Fargo Multifamily Capital
  2. CBRE Multifamily Capital, Inc.
  3. Greystone Servicing Corporation, Inc.
  4. PGIM Real Estate Finance
  5. Jones Lang LaSalle Multifamily, LLC

 

Top 5 DUS Producers for Small Loans in 2018*

  1. Greystone Servicing Corporation, Inc.
  2. Arbor Commercial Funding I, LLC
  3. Hunt Mortgage Group
  4. Walker & Dunlop, LLC
  5. Bellwether Enterprise Real Estate Capital, LLC

 

Top 5 DUS Producers for Green Financing in 2018

  1. Berkadia Commercial Mortgage, LLC
  2. Greystone Servicing Corporation, Inc.
  3. Arbor Commercial Funding I, LLC
  4. CBRE Multifamily Capital, Inc.
  5. Capital One, National Association

 

Top 5 DUS Producers for Seniors Housing in 2018

  1. Berkadia Commercial Mortgage, LLC
  2. Grandbridge Real Estate Capital, LLC
  3. Capital One, National Association
  4. CBRE Multifamily Capital, Inc.
  5. M&T Realty Capital Corporation

 

Top 5 DUS Producers for Structured Transactions in 2018

  1. Wells Fargo Multifamily Capital
  2. Newmark Knight Frank
  3. Walker & Dunlop, LLC
  4. PNC Real Estate
  5. Berkadia Commercial Mortgage, LLC

 

Top 5 DUS Producers for Manufactured Housing Communities in 2018

  1. Walker & Dunlop, LLC
  2. Wells Fargo Multifamily Capital
  3. KeyBank National Association
  4. Berkadia Commercial Mortgage, LLC
  5. Capital One, National Association

 

Top 5 DUS Producers for Student Housing in 2018

  1. Wells Fargo Multifamily Capital
  2. Walker & Dunlop, LLC
  3. CBRE Multifamily Capital, Inc.
  4. PGIM Real Estate Finance
  5. KeyBank National Association

 

Listed below are 2018 production highlights for individual business categories, which are included in the total multifamily production number.

  • Affordable Housing – $7.4 billion comprised of $6.0 billion in Multifamily Affordable Housing (for rent-restricted properties and properties receiving other federal and state subsidies), an increase of 10 percent from $5.4 billion in 2017; and $1.4 billion for properties with rent restrictions between 60 percent and 80 percent AMI, in line with $1.4 billion in 2017
  • Small Loans* – $2.2 billion
  • Green Financing – $20.1 billion (properties with Green Building Certifications or loans targeting a 25 percent reduction or more in energy or water consumption)
  • Student Housing – $2.7 billion
  • Structured Transactions – $9.5 billion
  • Seniors Housing – $2.3 billion
  • Manufactured Housing Communities – $2.9 billion, an increase of 56 percent from $1.9 billion in 2017

Footnotes:

*Small Loans are defined as loans of $3 million or less nationwide and $5 million or less in high-cost markets, and typically finance multifamily properties with five to 50 units.

**Due to rounding, amounts reported may not add up to overall totals.

The above is insightful on several levels.  First, note that more than one of those manufactured home community DUS lenders has ties to Berkshire Hathaway.

Next, is that this is arguably part of the give-take mechanism that Arlington, VA based Manufactured Housing Institute (MHI) has used to get some of their community members in the National Community Council (NCC) to swallow and ignore the single-family chattel lending that the Manufactured Housing Association for Regulatory Reform (MHARR) has stressed should be at the core of DTS by the GSEs.

 

MHARRMarkWeissIfCongressHadMeanttheDutytoServeToBeOptionItWouldNotHaveCalledItADutyDefintionofDutyIsMandatoryResponsibilityDailyBusinessNewsMHProNews

 

It also brings back into focus what some in manufactured housing call the “sell-out” or “betrayal” of the industry’s independent producers of manufactured homes. How so?  Consider this from Fannie Mae’s own site, which stresses their ‘support’ for manufactured housing as:

  1. A) The Multifamily Manufactured Housing Communities Market . …
  2. B) Develop an enhanced manufactured housing loanproduct for quality manufactured (homes)…

It must not be forgotten that MHI leaders held closed door meetings with Fannie and Freddie, to which none of the parties have released the meeting minutes, that ultimately resulted in the “new class of homes” program that has emerged…

…and so far has landed with a thud.  While Fannie and Freddie are both mum on specifics, the new HUD Code manufactured home shipments data is all the proof that is needed.  That data, combined with anecdotal information from various sources have made it clear that little has occurred from the new class of homes, other than noise from MHI, their allies, and Omaha-Knoxville puppet masters.

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Related Reports:

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MHI CEO Dick Jennison’s Pledge – 500,000 New Manufactured Home Shipments

GSEs’ “Duty To Serve Underserved Markets” Plans

Midwest Manufactured Housing Federation Official Louisville Show Communique to MHProNews

 

Independent National Manufactured Housing Post-Production Association Takes Major Step

Production Decline Continues in November 2018

 

 

 

 

 

 

State AG Files Suit Against, Manufactured Home Community, Rent to Own, Lease Purchase Option Warning

January 14th, 2019 Comments off

 

NYStateAGFilesSuitFoxCroftVillageNYDailyBusienssNewsMHProNews

The Town of Fallsburg organized a forum in response to growing complaints about FoxCroft Village, where Paula Frumkin, president of the community’s homeowners association, was one of the residents who spoke on Jan. 23, 2018.

 

The situation deteriorated since then, she said, per the Record Online.

We have more empty homes than we’ve ever had,” Frumkin said earlier this month. “None of them are being fixed up. Nothing is being done.”

MapFoxCroftVillageManufacturedHomeCOmmunityDailyBuisnessNewsMHProNews

 

In mid-December 2018, then-New York State Attorney General Barbara Underwood filed a lawsuit in state Supreme Court against the owners of FoxCroft Village.  The legal action aims “to compel them to fix the water system; properly dispose of garbage; fix septic systems; repair roads and public lights; abate outstanding Town of Fallsburg and state Health Department violations; and secure a valid permit to operate from the state Health Department,” said the Record Online.

FoxCroft Village reportedly has some 321 home sites.  About 200 are resident-owned homes, with the balance rented to the residents via rent-to-own contracts, according to the NY AG’s lawsuit.

 

NewFoxCroftVillageHomeSaleDailyBusinessNewsMHProNews

 

The community’s operating permit expired in December 2017.  It has been unable to obtain a new one due to the conditions there, the AG’s lawsuit states.

The lawsuit sets a deadline of Feb. 15, 2019 to achieve compliance, plus seeks restitution for all the aggrieved residents.

George Levin and Gayla Sue Levin of the state of Florida are defendants, along with L & F Enterprises, Inc., and Foxcroft Village, LLC.

FoxCroft Property Manager Mike Mergendahl declined to comment on the pending legal matter.

It is evident that respondents are unwilling to perform the maintenance, repairs, and system replacements necessary to address Foxcroft’s failing water and septic systems and other dangerous conditions throughout the park,” the state’s legal complaint says.

George Levin reportedly denounced the lawsuit in an email, saying it relies on misinformation. Levin criticized Assistant Attorney General Stephen Barry, who has been representing the state in the case.

 

FoxCroftVillageManufacturedHomeCommunityDailyBusinessNewsMHProNews

 

No one from the State’s AG Office has ever visited Foxcroft to verify what has been done or is being done on a daily basis,” Levin wrote in the message.

Levin said that Barry’s basis for the lawsuit is Fallsburg’s meeting from last year, which was “called for the sole purpose of disparaging Foxcroft” because of a “running vendetta” by Town Supervisor Steven Vegliante against park management.

There was no water service on Dec. 26, as of the report dated Jan 6th.  It is the second year in a row that the community lost water service around Christmas, according to Lisa Stephens-Hotalen, a 16-year resident. Hotalen lives across the street from Frumkin.

There’s so much water leaking near their homes that it reportedly pools up in one portion of her lawn when Hotalen presses her foot into the grass. It was the only part of her yard that wasn’t covered in snow.

The lawsuit claims that FoxCroft has experienced “park-wide intermittently functioning water distribution and failing septic systems” since the summer of 2017 and that residents reported brown water coming from their taps.

Residents have also been under a boil-water order since Dec. 23, 2017. The Town of Fallsburg cited FoxCroft for a code violation for the water system on Jan. 14, 2018. Since then, the community has faced a maximum fine of $1,500 per day it remains in violation, according to the NY AG’s lawsuit.

Levin said a new water system has been installed and Sullivan County’s health department approved of the installation.

Vegliante confirmed that FoxCroft’s owners have begun to replace the water system.

It’s been unbelievably frustrating,” he said of the past year. “People deserve a safe place to live, and finally they’re [the owners] starting to resolve some of the issues.”

Officials noted that noted that “We’re doing everything we can not to condemn it,” meaning the community, and hope that the state AG’s suit will spur completion of the pending work.

Code Enforcement Officer Mollie Messenger declined comment on alleged violations, citing active litigation, referring questions to the town of Fallsburg’s attorney, Bruce Perlmutter. Fallsburg is set to go to trial with FoxCroft in town court near the end of January.  The parties could not agree on the total amount that should be paid in fines for the code violations.

 

‘Rent To Own’ Woes…

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The New York attorney general’s lawsuit also takes aim at the approximately 100 rent-to-own contracts FoxCroft has with some residents, calling the agreements “deceptive” and in violation of state law, which are subject to fines per contract.

FoxCroft’s documents reportedly tag rent-to-own payments as ‘loan payments’ pursuant to a mortgage.  But L & F Enterprises, Inc., is not a lender.  They hold the title to each home until it’s completely paid for by the resident. Those residents are subject to summary eviction for non-payment at any time before that time, the AG’s lawsuit states.

This is a noteworthy issue to every community in the nation that is doing, or is considering doing, rent to own, lease purchase options, or other contracts of this kind.

Some industry professionals, such as George F. (F?) Allen, Spencer Roane, and the so-called SECO conference have promoted this kind of ‘seller financing’ for years.  They claim it is legal, purportedly checked out by an attorney who advised Roane.

But if the New York AG believes they are problematic, and since it seems to violate the notion of a “disguised credit transaction” – which can be problematic under Consumer Financial Protection Bureau guidance – do Allen, Roane and SECO leaders really think they can successfully defend a similar state or federal claim against their process?  Do their ‘students’ and followers want to take these types of risks?

CFPBFilesSuitDisguisedCreditTransactionDailyBusinessNewsMHProNews

 

Back in New York, Levin denies that FoxCroft has such contracts. But he said that FoxCroft does internally finance the sale of its homes to residents.

 

DisguisedCreditTransactionCFPBLonnieDealsRentToOwnLeasePurchaseOptionDailyBusinessNewsMHProNews

 

The Daily Business News on MHProNews will continue to monitor such cases.  While we are not attorneys, and don’t give legal advice, it is prudent to consider legal actions like this case in New York as the most recent in a string of warnings to those who literally buy the advice of those – like Allen, Roane, and SECO – who sell such apparently problematic, and potentially risky “education.”

 

CaveatEmptorLegalLatinNYBarBuyerBewareDailyBusinessNewsMHProNews

 

That’s this morning’s “News through the lens of manufactured homes, and factory built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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Exploring Corporate, Association, Individual, Investor, and Governmental Corruption Involving Manufactured Housing

Manufactured Housing Institute on Urban Institute, Bloomberg, National Association of Realtors Reports Praising Manufactured Homes

 

 

 

 

 

“It’s a Terrible Idea,” Comments from Manufactured Home Community Owners, Senior Management, and Investors

December 7th, 2018 Comments off


ItsTerribleIdeaCommentsFromManufacturedHomeCommunityOwnersSeniormanagementProducersInvestorsDailyBusinessNewsMHProNews
Skimmer alert: the subject isn’t a video per se.  But we open this Daily Business News on MHProNews with a comment about a new video because it shines a light on broader issues that have drawn comments – also shared below – from a variety of industry personalities.  Many are from the manufactured home community sector.  But other voices from retail and production have weighed in too, as you will see.

 

A company president with interests in communities that has also done retail wrote a long missive that began as follows. “My first reaction when I saw the opening frames [of the Manufactured Housing Institute self-promotional video] was WTF?????  OBVIOUS to me at least that this was made for folks who DON’T know the real details behind the [manufactured housing industry’s current condition] story.  In a depressed industry, with competition slowly being choked out of existence, they [MHI] come out like we’re back in 1999!  What a joke.”

 

Terrible Idea

It’s a terrible idea,” said another large community owner during a 75-minute phone call to MHProNews,to have communities lumped in” with producers, retail, and other industry segments at the Manufactured Housing Institute (MHI). That pro said he hasn’t seen the MHI video, and said he could care less.

Why?

What has MHI done to alleviate any of the concerns” for communities, was the response.  Examples given by the caller included costly installations being mandated by HUD was part of that community owners comment.

He’s far from alone.

The Government Sponsored Enterprises (GSEs) of Fannie Mae and Freddie Mac and financing issues have sparked several responses from operations of varied sizes, from coast-to-coast.

MHI pays lip service to communities. Sure, they have their community focused events. But in terms of policies, what has MHI actually done? It’s still a retail and production-oriented organization.”

The dues paid by communities [to MHI] are not that bad,” said one. “But there’s no performance [by MHI] either. I’m waiting to see who will step up and do something that will be helpful for communities.”

MHI provides “a lot of sizzle, but the steak’s still kinda tough. We as an industry are still WAY below where all rationale says we should be, IF ONLY NORMAL MARKET FORCES WERE AT WORK HERE.  I have long felt that to NOT be the case, as you [MHProNews] are also verifying through your investigative reporting.”

Put differently, one of the hot-topics include a growing sense of manufactured home market manipulation and monopolistic practices.  There are many who believe that the industry should be performing far better, but that manipulation of the market has kept the industry at far below it’s capability.

 

 

A Wink and a Nod?

I have no doubt that deals are made [at MHI] with a wink and a nod” that benefits some operations at the expense of others stated a partner in a community operation.

Nathan Smith was a name that drew repeated fire. “What a likable guy, who sadly is working every ——ing day to get politicians elected who harm everything independent business people in our industry stand for and need [in order] to be successful.” Without saying so, it is likely a reaction to the report found by clicking on the hot-linked box below.

 

Nathan & Mary Lee Chance Smith, Leaders in ‘Anti-Trump Resistance,’ Manufactured Housing Impact?

 

I just want an organization that helps keep Big Brother off my back,” explained one, commenting about MHI. “We have modest working-class [MH] communities. There are no clubhouses. Having to put in high-cost pads only increases the costs to consumers. MHI’s promos only shows photos or video of freshly black topped streets, that have double wides1, garages, and swimming pools. Hey, that’s great for those few that actually do offer that, but that ignores the reality at over 80 percent of the properties in our industry. It’s like they [MHI] are embarrassed by the reality that millions are happy to have a home that they can call their own, even if it is modest, it’s theirs.”

 

1 – sic terminology error in the original.  More properly,
multi-sectional manufactured homes. Note to Industry
newcomers – percentages shared by reader comments
may or may not be precise, but can be understood
as broadly on point.

SICSicutJournalismDefintionSocietyProfessionalJournalismDailyBusinessNewsMHProNews

One mentioned a comment by Kevin Clayton, on an occasion when he said that the industry should “…dance with those that brought them to the dance.” Meaning, the industry should not forget the entry level product.  “But this Clayton/MHI new class of homes absolutely ignores the ones that brought manufactured homes to the housing industry dance.  Not providing them with Fannie [Mae] and Freddie [Mac] lending is another case of leaders doing the opposite of what they’ve said. Their program does nothing for community owners, and all of our industry’s existing home owners. It’s outrageous.”

It’s why, one said, so many community people walked out last year from the MHI presentation at their Congress and Expo.  ICYMI, you can learn more about that by clicking on the box in the report linked below.

 

Manufactured Housing Institute “Walk Out,” “Cover Up,” and Shock at their Vegas Event

 

 

What’s Next?

There have been questions and comments about the new national manufactured home community organization.

MHProNews has spotlighted the emerging group, and without endorsing it, has noted that at least NMHCO has condemned MHI’s performance failures for communities, which is a hopeful sign that those organizing community owners not only understand the issues, but have plans to address them.

An industry veteran said the need for MHIdea and the new community organization could not be more pressing, saying in part that while most are figuring out how to do more or better business, “SOME in our industry focus on an entirely different goal every morning:  “What can I do today to make my competition go away?“”

One pro said that whatever MHI or Clayton say they want, automatically sparks skepticism.  She gave an example, citing the fact that MHVillage has launched MH Insider, which has praised Kevin Clayton and MHI makes.  That pro now questions not only that publication, but the parent operation too. “If someone is promoting those con artists,” that person alleged, “after the reports we’ve read [on MHProNews], they are either blind, naïve, or part of their con.”

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Whistleblower! Ex-Clayton Homes Team Member on TV Denounces Manufactured Housing Giant’s Practices

 

Are Tech and Emerging Trends Threatening to Undermine MH Communities?

An interesting observation has been about the changes on the horizon in transportation. Out West, where Elon Musk and his Boring Company have been doing tests on the hyperloop, there’s a gnawing concern that in conjunction with other trends, that hyperloop could in time undermine community values in or near metro areas.

Some of us [in the community sector] have thought about or sell properties to big box stores or multifamily housing redevelopers. But as technology like hyperloop develops, it may become ever-more important to be resident satisfaction focused. While today, communities have great stability and lots of exit options, that may not always be the case. If so, that could be [a] good [development] for residents, and the industry, in the long run.

 

ElonMuskHyperloopBoringCompanyManufacturedHousingIndustryDailyBusinessNewsMHproNews

This may have been a reference to one of the reports on MHProNews on that topic, see one example, at this link here.

 

More people work from home than a decade ago,” observed another. “Their [a home owner’s] location doesn’t have to be near downtown, or even in a suburb. Where is there any drive [by MHI] to attract that [home buying] audience?

The fact that MHI used Nathan [Smith] to attack the new communities association in their so-called newsletter is [a] clear reason to believe that they know that there’s unrest among many NCC [National Community Council] members.”

Anyone who has gone to a few Congress and Expos knows that they have very low actual attendance at most of their breakout sessions,” said one. “They have a few keynotes [that get better attendance], but beyond those, most [community professionals] take off and talk business with others or are handling calls and messages.”

 

Regarding MHI/NCC meetings:

> Education could be better and more relevant, as often low attendance at actual sessions underscores.

> Lobbying on behalf of actual needs and concerns of communities is almost none-existent.

> Some argue that MHI is undermining communities, by favoring initiatives that tilt toward clients of what previously was known as Clayton Bank, 21st, Vanderbilt, or other Berkshire Hathaway brands operating in manufactured housing.

Some – as was indicated earlier – used choice, blunt words.

Nathan is a disgrace to our industry,” is one example. “How can he be in a leadership role? I wouldn’t be surprised if he helped that d-mned Richard Cordray in his Ohio campaign for governor [the comment came from several states away, Cordray was prior head to the Obama Administration CFPB]. Nathan’s whole schtick is like a carnival barker, an embarrassment to those of us who try to run an honest business.”

CarnivalBarkerWikipediaDailyBusinessNewsMHProNews
DefinitonShtickWikipediaDailyBusinessNewsMHProNews

 

I wouldn’t mind supporting more than one association, if a new group actually wanted to do something real. Once they [a new organization] proved themselves, dropping out of MHI would be no problem.”

Other who aren’t in MHI – but may or may not be members of state associations – are hopeful too.

I’ve been told that the mixers and events [for MHI] exist for two main reasons. They want independents [retailers, communities] to come which raises money for MHI, but it also gives the portfolio operations a chance to —ing schmooze us into selling [to them]. That video you guys have of Nathan [Smith] laughing while he says he wants all the communities for himself says it all. You guys [MHProNews] need to use that Monopolistic Housing Institute logo more, because that’s like a meme that captures what they [MHI] are all about.”

 

 

 

Anger Over GSEs and Financing

 

While community owners like the rates and terms they get on refinancing a property with one of the GSEs, when the topic turns to lending on actual manufactured homes, they often get angry.

It’s worse than an insult to promote this Clayton [Homes] backed ‘new class of homes,” said one. “It undermines what the HUD Code stands for and has accomplished. MHI has essentially helped the GSEs avoid supporting 95% of what consumers want to buy, in favor of something that is totally unproven.”

A concerned producer and MHI member indicated that the lower rate offered by the GSEs on that new class of homes is cancelled out by the far higher cost of the product. That same producer soberly said that the majority of producers couldn’t build such a home the way they are configured.

Put differently, that professional was explaining why most of the 130 some plants producing homes in the U.S. are being undermined by this Clayton/MHI initiative, that they purportedly got the GSEs to buy into.

Another MHI only member producer stressed that modular homes already qualified for GSE lending. “This [new class of homes] was just unnecessary.”

There are clearly conflicting interests at MHI, and they always tilt toward what Berkshire Hathaway wants.”

The two most heard or read words?

Thank you,” with an example from one who added, “for giving voice to those of us who’ve been abused by a train of lies and broken promises.”

You [MHProNews] are smart to be mixing in those videos and reports that teach the basics of what made America great,” because “what the reality of what is happening to our country could cost everything we hold dear if we don’t change [the trajectory of] the culture.”

 

Articles on related topics are linked further below. NMHCO has promised a new, formal statement on their latest is in the works. MH Idea is also found further below. Quotes may or may not represent the views of MHProNews. That’s this afternoon’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

NOTICE: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two browsers.

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Related Reports: Click the Boxes Below to Read More…

Nathan Smith, SSK Communities, and Manufactured Housing Institute (MHI) Slam New National Manufactured Home Communities Group in Written Statement

 

“Servants of Satan” vs. Servants of God – Ex-GreenTree, Conseco, Current & Past MHI Members Sound-Off on Clayton, MHI, POTUS Trump, Bush 41, More

Giving Thanks for Manufactured Housing Independents, Applauding “MHIdea!”

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Clayton’s Miss, Kevin and Tim’s Manufactured Housing Kill Shot, More

Machiavellian “Godfather” – Sam Zell, Warren Buffett, Capital, Lending and Crossed Lines in Manufactured Housing

 

 

 

 

 

 

 

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

September 20th, 2018 Comments off

 

PresidentDonaldJTrumpVisitToManufacturedHomeCommunityVideoHurricaneFlorenceUpdateDailyBusinessNewsMHProNews

It’s been a year since Hurricane Irma, and the headlines now are focused upon other matters, including the still-developing post-storm conditions in the Carolinas, which President Donald J. Trump visited yesterday.

 

We’ll get to the news from the White House, as well as other sources about the visit to the Carolinas, and how it all relates to manufactured housing further below. But we’ll start with a flashback to Hurricane Irma.

Why?

Because it reflects a story that received surprisingly little attention in manufactured home circles before now. It was President Donald J. Trump’s visit to a manufactured home land lease community that was hit by Hurricane Irma.

There are times that frankly MHProNews and/or MHLivingNews wants to be ‘first’ with a story, or to be the first to do a fact-check or spotlight of a mainstream media report.

But there are other times that it can be more revealing when our publisher decides, “Let’s wait. Let’s see what others in the industry do with this story before we weigh in.”

Why didn’t the Manufactured Housing Institute (MHI), or others make a big splash out of the following?

CBS News saw fit to cover the visit of the president to a land-lease community in the Naples, FL area.

In Fort Myers, President Trump praised Florida Gov. Rick Scott for the response to Hurricane Irma. Aboard Marine One, the president and first lady got an aerial view of the destruction in Naples. They also visited a mobile home park that was badly damaged. Carter Evans reports.”  CBS did more than verbally report the tour, they included video clips of President Trump in that manufactured home community. See that, in the video that follows.

 

 

Was this a good vote?” President Trump asks a man in the video posted above. The gentleman and president were spotlighted talking in that manufactured home community.  After the man replied in the affirmative about his vote, saying it was – “The best,” POTUS Trump repeated and emphasized the resident’s comment: “The best vote of his life.”

Perhaps the 45th president knew that he did well with millions of manufactured home residents, per extrapolation of surveys like those conducted by the New York Times and MHProNews?

 

Contrast and Compare…

Where was President Barack Obama in those damage tours in the aftermath of Super Storm Sandy? There is no evidence we can find with Google searches that former President Obama ever visited a manufactured home community. Why not?  After all, Warren Buffett, the Clintons, and Kevin Clayton all had their respective ties to the 44th president.  A recent report related to those ties is found below, and can be read later.

“Toxic Trailers” – Clayton Homes, Warren Buffett, Kevin Clayton, Clintons – Exposé Videos

But isn’t it likewise an embarrassment that the Manufactured Housing Institute (MHI), the industry’s self-proclaimed post-production association, failed to promote the visit by President Trump a year ago?  How could MHI fail to promote the event where President Trump, Vice-President Mike Pence, and Governor Rick Scott went to that MH community, to meet with residents, and hand out food and drink? Isn’t part of the value of a ‘photo op’ all about those people, places, promotions, and products that are in the background or foreground of the story?

Presidents Nixon, Ford, and Carter are among those that made a direct connection to the pre-HUD Code mobile home business, and/or the post-code manufactured housing industry. We see that President Trump made a personal visit to a community.  His HUD Secretary, Ben Carson, promised greater cooperation with the manufactured home industry.

“A New Era of Cooperation and Coordination,” is Promised by HUD Secretary Carson, Saying “I Hear You”

Now, compare that to former Presidents Carter or Obama.

President Jimmy Carter Blasts Trump Administration on Affordable Housing, Carter’s Manufactured Home Ties

Is it any wonder that manufactured housing is struggling to get back to 100,000 annual shipments, when by comparison, the RV industry is selling about 5 times as many of their units compared to manufactured homes?

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

You must meet people where they are. Terminology must be taught and caught. Make a habit of using the correct terminology.

There will be more in the near future on the visit by President Trump to that manufactured home community, planned for MHLivingNews and MHProNews too.

Let’s pivot to events from Hurricane Florence.

PresidentDonaldJTrumpAirForceOneWhiteHouseOfficialPhotoNorthCarolinaHurricaneFlorenceDailyBusinessNewsMHProNews

What follows is an extended quote from a White House statement to the Daily Business News MHProNews.com.

 

Hurricane Florence

To all of our first responders: ‘Thank you!’

As President Donald J. Trump visits the Carolinas today, nearly 20,000 Federal employees have been mobilized to help restore power, rescue stranded victims, and assist in all aspects of the recovery following Hurricane Florence.

The numbers behind the Federal response:

  • More than 2,000 rescues and nearly 15,000 individuals sheltered by FEMA
  • Some 6,000 active-duty personnel and 7,000 National Guardsmen on scene
  • At least 400 lives—and 200 pets—saved by the U.S. Coast Guard
  • More than 100 priority sites beginning to be assessed by the EPA
  • 40,000 individuals working with the Department of Energy to restore power
  • 535 rescue-and-evacuation missions and counting performed or supported by the National Guard in North Carolina

The President delivered a, clear message during his visit to affected communities today: “The Federal Government is behind you.” He thanked state leaders, first responders, and local officials for working around the clock to help all victims get the assistance they need. “Whatever we need from Washington, we are there.”

The widespread devastation of this storm demands a Government-wide response, and that is what the Trump Administration has worked to deliver. The Department of Veterans Affairs is moving to open facilities that were closed by the storm, and the Small Business Administration has announced assistance for homeowners, renters, and businesses of all sizes in addition to opening a business recovery center.

 

AFP had this video from a manufactured home community in the storm’s path.  There are reports of flooded manufactured home industry locations and homes in the Carolinas.

 

 

There is a process that must be navigated for FEMA assistance.  Flooding must subside, and related issues on identifying locations for placing FEMA MHU temporary homes are among the issues that lie ahead.  For more on that, see related reports, linked further below.

InfographicMobileManufacturedHomeManufacturedHousingIndustryFactsDataResearchMobileManufacturedHomeLivingNews

 

Manufactured Home Industry Takeaways?

During the Obama Administration –

  • Dodd-Frank,
  • Pam Danner at HUD,
  • no help from FHFA and the Government Sponsored Enterprises (GSEs),
  • and more were all part of the manufactured home industry’s reality.

Keep in mind that:

  • Combined with what Warren Buffett’s Berkshire brands reportedly did – along with the Clinton/Clayton report (see above), is it any surprise that HUD Code manufactured housing slipped to their lowest level ever during the Obama years?

By contrast, President Donald Trump has kept his promises to create more jobs, and lower regulatory barriers and taxes that harmed businesses of all sizes.

Affordable housing and manufactured homes ought to be non-partisan or bi-partisan issues.  Regrettably, that’s not always the case, as the above linked bullets and reports reflect.

An industry producer told MHProNews that during the Obama era, a federal official told him and his colleagues to their faces that, “You’re nothing but a bunch of Republicans!” As if that was a crime or sin?

The New York Times reported that Washington in the prior election voted for Barack Obama won District of Columbia in 2012 by 83.6 percentage points.” CityLab said in 2016 that Secretary Hillary Clinton won 68.2 percent of the vote in the metro that included Washington, D.C.

3 Washington-Arlington-Alexandria, DC-VA-MD-WV 68.2%

 

Manufactured housing professionals should be under no illusions about the difference between how the most recent Democratic administration – former President Obama – treated manufactured housing, vs. how President Trump’s administration has behaved towards our home owners and the industry.

Washington, D.C. is a highly partisan town, tilting strongly Democratic. That fact will matter in reports that are yet to come. Stay tuned.

That’s this morning’s “News through the lens of manufactured homes, and factory-built housing,” © where  “We Provide, You Decide.” © (News, analysis, and commentary.)

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

 

“Sharks!” FEMA Fighting Fake Florence News, “Thousands” of Manufactured Housing (MHU) Units Ready

South Carolina’s State Association Was Pro-Active Ahead of Hurricane Florence

Appeal in Manufactured Home Community Closure Case Denied

September 17th, 2018 Comments off

AppealManufacturedHomeCommunityClosureCaseDenieWausauSchofieldWIDailyBUsinessNEwsMHProNEws

An attorney representing the City of Schofield, Wisconsin says an appeal to keep the Northern Housing Community open, has been denied, WSAW tells the Daily Business News on MHProNews.

 

Residents and the owners of the community have both opposed the closure.

Last April, the Schofield City Council revoked the license for Northern Housing Community, citing several safety violations. As part of that decision, residents were asked to be out of the community by August 1st, 2018.

In July, the owners of the park filed appealed the City’s decision to Circuit Court. As part of the appeal, the ruling that residents had to be out by August 1st was delayed.

The City of Schofield’s attorney, Lee Turonie, said they filed a Motion to Dismiss the property owner’s appeal, which was granted. Turonie argues that means the ruling that residents need to be out of the community – that’s located on a high-traffic road – can now be enforced again.

NorthernHousingCommunityAKA-NorthernMobileHomePark281GrandAveSchofiledWIDailyBusinessNewsMHProNews

However, Turonie admits the community can appeal the Circuit Court decision to a higher court, if they choose.

NorthernHousingCommunity281GrandAveSchofieldWausauWisconsinManufacrturedHomeCommunityIndustryDailyBusinessNewsMHProNews600
Mark Hazelbacker, an attorney representing the owners of the Northern Housing Community, says he has not had a chance to speak with his clients about what they plan to do next. He hopes to have that conversation tomorrow, said WSAU.

Hazelbacker says his primary concern is making sure no one becomes homeless as a result of this decision.

Among the issues for the broader industry is the growing pattern of undermining community owners rights to maintain their property, in the face of pressures by others to close.

There have also been cases where manufactured home owners on privately owned land have also been threatened – or in fact, forced – off land based on arbitrary economic or other factors that seemingly target owners of older mobile homes or manufactured homes.

MHProNews will continue to monitor this case, and if there is an appeal, will report that type of update. “We Provide, You Decide.” ©. ##  (News, analysis, and commentary.)

(Third party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

Related Reports:

Lawsuit Filed Against City to Defend Manufactured Home Owners Rights, led by Equal Justice Non-Profit

 

“Undesirable” – Community Owner Sues City for Fraud

Manufactured Home Communities, Retailers, Developers Face Disruptive, Troubling Trend

 

SECO Woes – Southeast Community Owners Symposium – Tom Lackey, Industry Pros, & MH Consumer Legal Clouds

 

Manufactured Home Community Owners Lost Troubling Creekside Appeals Case