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HUD, Urban Institute Webcast on Housing Vouchers Thursday Sept 20th – Manufactured Housing Opportunities?

September 19th, 2018 Comments off

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On July 29, 2016, the Housing Opportunity through Modernization Act of 2016, (H.R. 3700) was signed into law,” with Wisconsin Housing Alliance (WHA) reminds readers. “This gives the more than 2 million families that have a HUD Section 8 voucher the added flexibility of using the voucher to pay for the full annual cost of purchasing a manufactured home.”

 

It’s a move that many supported, inside and outside of the manufactured housing industry.  But so far, there’s been little appreciable change that can be specifically pin-pointed to this new law, as the HUD Code manufactured housing shipment chart below reflects.

ManufacturedHomeMHShipments1990-2017DailybusinessNewsManufacturedHousingMHProNews

There are plenty of opportunities in manufactured housing, one of them being this HUD Voucher program, at least on paper. But as the shipment diagram above reflects, since the program was passed, there is no appreciable change that can be pin-pointed to this program. It remains to be seen if the Thursday webcast will address this issue, which if properly implemented in a fair and balanced fashion, could be good for HUD, consumers, and the manufactured home industry.

The law also makes it possible to use housing vouchers for site fees in manufactured home land lease communities. See a document from HUD on that topic, linked here as a download.

HUD Secretary Ben Carson, M.D., and the Urban Institute did research aimed to increase the impact of those housing vouchers.  A webcast will be held tomorrow, see the details per the HUD news release to MHProNews.

After the release HUD release below will be some closing points, and related report links.

 

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THURSDAY, SEPTEMBER 20, 2018

2:00 – 4:00 P.M. EDT

 

HUD AND URBAN INSTITUTE TO PRESENT STUDY ON LANDLORD ACCEPTANCE OF HOUSING VOUCHERS

Secretary Carson launches major landlord outreach campaign

At 2 p.m. EDT on Thursday, September 20th, the U.S. Department of Housing and Urban Development (HUD) and the Urban Institute will present the findings of a new study examining landlord treatment of renters participating in the nation’s largest housing subsidy program, the Housing Choice Voucher Program. HUD’s Pilot Study of Landlord Acceptance in the Housing Choice Voucher Program examines landlord acceptance of housing vouchers in five cities:  Philadelphia; Los Angeles; Fort Worth; Newark, New Jersey; and Washington, DC.

HUD Secretary Ben Carson recently formed a Department-wide Landlord Task Force and is launching a nationwide outreach campaign to hear directly from landlords and property managers.  Scheduled listening forums are intended to reveal how HUD might make the voucher program more accessible and acceptable, specifically in higher opportunity neighborhoods where landlord participation is lowest.  Read more.

This presentation will be offered via webcast at https://www.hud.gov/webcasts/schedule

 

WHO:            Members of HUD’s Department-wide Landlord Task Force

                        Urban Institute research team

 

WHAT:          Landlord acceptance of housing voucher holders

 

WHEN:          Thursday, September 20, 2018

                        2:00 p.m. – 4:00 p.m. EDT

 

HOW:             Watch HUD’s webcast at https://www.hud.gov/webcasts/schedule

###

WHASection8VouchersCanNowBeusedOnManufacturedHomesDailyBusinessNewsMHProNews

MHProNews readers are reminded that the Urban Institute (UI) has ties to Warren Buffett, and Berkshire Hathaway.

 

The Manufactured Housing Institute (MHI)’s SVP Lesli Gooch recently referred to Brian Montgomery as “their” candidate. These may or may not be relevant for the webcast tomorrow and what follows.  But those related reports are linked further below.

 

MHProNews plans to monitor this program, to see if it is tilted toward what former MHI award winner Marty Lavin has called “the big boys” that often seem to get special treatment at MHI.  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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Related Reports:

 

Urban Institute Ask for Correction in Analysis of their Manufactured Housing Research, “Follow the Facts,” “Follow the Money”

MHI SVP Lesli Gooch & MHARR CEO Mark Weiss Bookend New, Prior HUD Controversies

 

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

 

Reinventing HUD’s role in Quality Affordable Housing, Reducing Poverty and Dependency

Study Recommending New Manufactured Housing Association for Independent Retailers, Communities, Lenders, Others Released

Patrick to Release Second Quarter Financials

July 15th, 2014 Comments off

According to wsj.com, Elkhart, Indiana-based Patrick Industries, Inc. (NASDADQ:PATK) will release its second quarter financial results before the market opens Tuesday, July 29, 2014, followed by a conference call later that same morning at 10:00 A.M. eastern time. The question-and-answer session will be limited to investors and analysts, and will be led by Todd Cleveland, president and CEO, and Andy Nemeth, Chief Financial Officer of Patrick. As MHProNews knows, Patrick is a component supplier to the manufactured housing and recreational vehicle industries. ##

(Image credit: Patrick Industries, Inc.)

Killam to Announce Financials for Q3 2013

October 3rd, 2013 Comments off

Killam Properties, Inc. (TSX:KMP) of Halifax, Nova Scotia, Canada will present its financial results for the third quarter ending Sept. 30, 2013 after the market closes Tue., Nov. 5. A conference call and live webcast will be held the following day, Wed., Nov. 6, at 11 AM EST. The dial-in number outside Toronto toll free is 888 231-8191, as newswire.ca informs MHProNews. A replay will be available until Nov. 13, 2013, and on Killam’s website for 90 days after the webcast. Killam is one of the largest owners of manufactured home communities in Canada.

(Photo credit: Killam Properties, Inc.)

Drew to Release Financials

April 19th, 2013 Comments off

According to ADVFN, Drew Industries, Inc. (NYSE:DW) will release its 2013 first quarter earnings report Fri. May 3, 2013 before the market opens, followed by a conference call at 11 AM EST that morning to discuss the results. While participation in the question and answer segment of the webcast will be limited to institutional investors and analysts, others may listen in on Drew’s website at www.drewindustries.com As MHProNews knows, Drew supplies the manufactured and recreational vehicle industries with a multitude of components through its subsidiaries, Kinro, Inc. and Lippert Components, Inc.

(Image credit: Drew Industries, Inc.)

Drew Resets Earnings Report

October 31st, 2012 Comments off

FinanzNachrichten reports Drew Industries, Inc. (NYSE:DW) has rescheduled its third quarter, 2012 earnings report due to the severity of Hurricane Sandy’s effect on the eastern seaboard. The component maker for the MH and RV industries through its wholly-owned subsidiaries Lippert Components, Inc., and Kinro, Inc., will deliver Q3 financials before the market opens Thurs., Nov. 1, with a conference call and webcast to follow the same day at 1 PM eastern time. Fred Zinn, President and CEO of Drew said, “We have made this decision in view of the exceptional circumstances created by Hurricane Sandy along the eastern seaboard. At this time our primary focus must be the safety of our employees along the path of the storm.” As MHProNews reported Oct. 17, 2012, Drew was originally set to present the Q3 numbers Oct. 31, 2012. To hear the webcast, go to www.drewindustries.com. Drew operates 31 factories across the U.S.

(Photo credit: Kinro, Inc., subsidiary of Drew Ind.)