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Posts Tagged ‘news’

Inside the CFPB and the HUD Code Manufactured Housing Program

August 18th, 2014 Comments off

hud-label-cfbp-logo-posted-daily-business-news-mhpronews-comCertainly reports from MHI or MHARR carried here on MHProNews bring you news and information about the CFPB as well as HUD’s manufactured housing program. But nothing is quite like the insights from someone who has recently worked in both offices. That is the true “inside perspective” brought found in our exclusive interview,A Second Cup of Coffee with…Bill Matchneer.

Matchneer – who has been doing consulting work for MHI – has also responded to a recent MHARR press release sent from Danny Ghorbani’s email address; see Bill’s reply here. ##

(Images: HUD Code home label for MH and CFPB logo)

 

Louisville Show is Approaching a Sell-Out

July 28th, 2014 Comments off

2014-louisville-manufactured-housing-show-crowd-photo-credits-mhpronews-manufacturedhomes-com-There are almost 6 months to go before the start of the 2015 Louisville Manufactured Housing Show, and booth space and manufacturers exhibit space is approaching a sell out.  MHProNews has learned there will be 2 new factory builders planning for the 2015 event, and apparently all the current manufactured and modular builders are expected to return.

Registration for the 2015 show opens on October 1, 2014.  Dennis Hill of Show Ways Unlimited suggests it’s wise to mark your calendars now for the 2015 show.

“Louisville has been the best attended industry event 2 years in a row.” Dennis Hill said.  “As videos from attendees in 2014 posted on our updated show website underscore, the enthusiasm and value for attending the show has not been better in a decade. Our popular Business Building Seminars will be back, and because they were often standing room only in 2014, we’ve expanded the seminar space.  The full seminar line up will be available this fall.”

Show Chairman Ron Thomas Sr. had only this to say, “It’s the best way to start off your new year. Don’t miss it!” ##

(Photo credit: ManufacturedHomes.com and MHProNews.com)

Tim Williams, 21st Mortgage, elected Vice-Chair during Manufactured Housing Institute (MHI) Summer Meeting

June 11th, 2014 Comments off

tim-williams-CEO-President-21st-mortgage-corporation-daily-business-news-manufactured-housing-mhpronews-The 2014 Summer Meeting for the  Manufactured Housing Institute (MHI) concluded yesterday with Tim Williams, CEO of 21st Mortgage, was elected as Vice-Chair of the industry’s largest national trade association.  Williams, a respected industry icon, was unopposed.

97 industry leaders, plus MHI staff, friends and family attended the June 8-10 event at the Alexander Hotel in Indianapolis, IN.  “On the heels of Congress and Expo, and with a number of state association meetings (taking place), we are very pleased with the number of attendees.” said MHI President, Dick Jennison, to MHProNews.

Pam Danner, HUD’s new manufactured housing program director and Bill Matchneer, who recently retired from the Consumer Financial Protection Bureau (CFPB), we’re among the featured guests.  Danner assured attendees that she would listen to the industry, resolve back logged issues and seek to elevate understanding and use of programs manufactured housing at HUD.

Bill Matchneer, who is consulting for MHI on appraisal related issues,  urged members to get the story of MH home  owners who lost financing due to CFPB regs to have their stories told to regulators. See Matchneer’s related guest column here.

Educational, business meetings and networking mixers were all part of the agenda. ##

(Photo Credit: MHProNews)

Rain and Clouds Don’t Dampen Ohio Manufactured Home Show’s Strong Public Attendance

May 19th, 2014 Comments off


shoppers-manufactured-homes-eastern-ohio-home-show-credit-omho-ribbon-cutting--posted-masthead-blog-mhpronews-com300xCool, cloudy and rainy weather failed to dampen the solid turnout of the public who came by the thousands to see modern manufactured and modular homes on display during the Eastern Ohio Home Show. Tim Williams, executive director for the Ohio Manufactured Homes Association, provided MHProNews with these officials totals:

Public Show Attendance for Friday, May 16th, 2014 (56 degrees, intermittent rain, hours 4 PM – 8 PM) = 337

Public Show Attendance for Saturday May 17th, 2014 (54 degrees, rain, Hours 9 AM – 6 PM) = 1,149

Public Show Attendance for Sunday May 18th, 2014 (63, partly cloudy hours noon to 5 PM) = 1,010

Total of 2.5 days of public Show Attendance = 2,496

Industry Day Attendance (Friday May 16th, 9 AM to 3:30 PM) = 397

Total of all three days and both industry and public attendance = 2,893

Richard “Dick” Jennison said, “Tim, On behalf of myself and the entire MHI membership, I would like to extend a resounding round of applause to you, the Board of Directors of OMHA and the legion of volunteers who made the inaugural Eastern Ohio Home Show such a huge success!  Having the public see and tour our affordable and quality homes is an idea long overdue and a show format for others to emulate.  Great Show and a Great Job to all!” ##

(Photo Credit = Ohio Manufactured Homes Association)

S 1828 Co-Sponsors grow in wake of MHI Legislative Session

February 14th, 2014 Comments off

wikicommons-daily-business-news-mhpronews-com.jpgSources with ties to Manufactured Housing Institute (MHI) tell MHProNews that the number of sponsors and co-sponsors for S 1828 has jumped from 4 to 9 as a direct result of the recent visits by members to their U.S. Senators. Dan Coates (R-IN), Rand Paul (R-KY), Lamar Alexander (R-TN), Joe Manchin (D-WV) and Jim Inhofe (R-OK) all joined sponsor Joe Donnelly (D-IN), original cosponsor Tom Coburn (R-OK) and cosponsors Tim Scott (R-SC) and Pat Toomey  (R-PA).

There are also 108 Congressman – 20 Democrats and 88 Republicans – who have signed onto the House version of this legislation, HR 1779.

“This proves that we have positive movement.” a source close to the lobbying efforts said. Sources tell us there are more expected to sign on in both sides of Congress in the days ahead. Industry members are urged to contact their Senators or House members to ask for their support. ContactCongress.org ##

Unique Partnership to Build Modular Home in Ontario

December 19th, 2011 Comments off

Mohawk OntarioMHPronews.com has learned the Correctional Service of Canada announced a new partnership with the Mohawks of the Bay of Quinte in Ontario to build a modular home for residents of the Tyendinaga Mohawk Territory. The modular housing unit will be designed and constructed by offenders in the CORCAN employment program at Frontenac Institution in Kingston, Ontario, with materials provided by MBQ. The 1,200 square-foot, three-bedroom, one-bathroom bungalow will be then transported to the Tyendinaga Mohawk Territory for a family in need. It is anticipated that the housing unit will be delivered by this spring. “The Correctional Service of Canada is continuing to take action to provide employment and employ-ability skills training to offenders, while at the same time providing affordable housing to residents of the Tyendinaga Mohawk Territory in the Bay of Quinte,” says CSC Commissioner Don Head. “Creating partnerships with communities such as the Mohawks of the Bay of Quinte is critical in order to support local housing initiatives and enhance the programs for rehabilitation we offer to offenders.”

(Image Credit: Mohawks of the Bay of Quinte)

Categories: Modular Tags: , ,

North Dakota Oil Boom Drawing Midwest MH Producers

December 15th, 2011 Comments off

Following up on a story we published Nov. 14, 2011, OmahaWorld-Telegram reports the oil boom in North Dakota continues to have positive repercussions for area MH producers. The York, Nebraska, Champion Home Builders plant has doubled its production staff since summer to 150, and intends to hire another 50 early next year. Champion General Manager Tom Tyree says, “It’s kind of like the good old days in the industry. Instead of buying one at a time and taking forever to get stuff done, they’re buying 20 at a time — or more.” Martin Huff, Executive Director of the Nebraska Manufactured Housing Association, says the producers in Nebraska are flourishing because in the immediate area, South Dakota has one manufacturer, and Minnesota and Montana only have a handful. Chief Custom Homes in Aurora, NE and Heritage Homes in Wayne, NE expect to add 30-50 percent more workers soon. Bering, NE-based Magnolia Homes sent a salesman to Dickinson, ND and he had to stay in a hotel 50 miles away. The population of Tioga, ND will expand from 1,300 to 5,000 once the two “man-camp” compounds are completed. As the need for more housing continues, Chief Custom Homes national sales manager Scott Fletcher expects MH producers from farther away to get a piece of the action. Some workers in Williston are currently living in tents in campgrounds, and RVs in parking lots.
Photo credit: Jeff Beiermann/TheWorldTelegram)

Manufactured Home Community sales heat up in Southwest Florida

October 25th, 2011 Comments off

Lake_Village_Manufactured_Home_Community_purchased_by_Equity_Lifestyle_Properties,_credit_HeraldTribuneHeraldTribune reports that the the market for acquiring manufactured home communities in Florida has heated up. While the economic downturn has driven conventional housing prices down, making them more affordable, incomes are also down. This makes manufactured home communities more appealing. Recently, Equity LifeStyle Properties (ELS) bought the nearly 300 home site 63-acre Lake Village ‘mobile home park’ in Nokomis for $23.8 million from a subsidiary of Hometown America. Equity LifeStyle paid $53.4 million for the 2,211-site Colony Cove manufactured home community in Ellenton. ELS paid $6 million for the 201-site Emerald Lake mobile home park in Punta Gorda. National RV Communities LLC of Scottsdale, AZ., bought the nearly 200 home site Saralake Estates off Bahia Vista Street for $10.55 million. During the boom, manufactured home land lease communities were being purchased by developers who planned to shut them down in favor of redeveloping, said Charles Ellis, a principal and vice president for acquisitions at National RV. The recent flurry of purchases is driven by the attractiveness of investing in MHCs. National was formed in 2005 and now owns 58 mobile home properties, 80 percent of them in Florida, many backed by financing from General Electric Capital Corp. “From an investor standpoint, the revenue is very stabilized,” Ellis said. Retirees and others may opt to pass higher priced conventional houses. “They’re more likely to buy a $30,000 or $100,000 park model or manufactured home,” Ellis said.

(Photo credit: HeraldTribune)