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MHI staff has held several meetings with key U.S. Senate staff regarding S. 1660, the "Formaldehyde Standards for Composite Wood Products Act." This legislation would require all finished wood products to comply with the California CARB standard regarding formaldehyde emissions. MHI has serious concerns with this legislation because among other things, it specifically singles out manufactured homes and RVs as being subject to the CARB formaldehyde standards. In addition, S.1660 would effectively transfer jurisdiction from HUD to EPA regarding formaldehyde regulation for manufactured homes. MHI will continue to meet and to work with key Senate offices during the legislative process.

Source: MHI Newswire

Daily Business News Briefs

New Home Starts Continue their Climb

New Home Starts Continue their Climb

Housing starts increased 6.8 percent in May to a seasonally-adjusted annual rate of 914,000 units due to a jump in multifamily construction. Single-family production remained steady at 599,000 homes, but multifamily activity grew 21.6 percent to 315,000 units. Regionally, the South posted a gain of 17.8 percent in combined starts and the West a...

18 Jun 2013

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Most Tracked Housing Stocks Advance, as do the Three Major Indexes

Most Tracked Housing Stocks Advance, as do the Three Major Indexes

All three indexes advanced, with the Dow moving up over 120 points, as inflation remains low and housing starts increase, despite concerns of what the Federal Reserve may reveal Wed., June 19, about possibly tapering the quantitative easing. CNNMoney reports the Dow Jones Industrial Average gained +0.91 percent, +138.38 points, to end the day at...

18 Jun 2013

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Improving Manufactured Housing’s Image to Increase Sales

Improving Manufactured Housing’s Image to Increase Sales

With image being a key component to selling more manufactured homes to cash and credit worthy buyers, that may explain the growing daily commentary in favor of the start of the ManufacturedHomeLivingNews.com image campaign. Nancy Geer, Executive Director of the New York Housing Association said: “Manufactured Home Living Website is a great r...

18 Jun 2013

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Portfolio of Manufactured Housing Communities Changes Hands

Portfolio of Manufactured Housing Communities Changes Hands

Birmingham, Mich. based Q10 l Lutz Financial Services has arranged $108 million for the acquisition of a portfolio including 47 manufactured housing properties and three apartments. Neither the seller nor the buyer nor the number of homesites were identified by Lutz, a commercial real estate financial services firm. As nreionline tells MHProNews,...

18 Jun 2013

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Sales and Use Tax Rises in Virginia

Sales and Use Tax Rises in Virginia

The transportation package that was passed by the Virginia General Assembly and signed into law by Governor Bob McDonnell includes tax increases that go into effect July 1, 2013. The titling tax for manufactured homes remains at $10, but the retail sales and use tax, which covers modular homes, will increase from five percent state [...]...

18 Jun 2013

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Emergency Modular Housing May Go to Oklahoma

Emergency Modular Housing May Go to Oklahoma

MODS International Marketing of Appleton, WI is set to deliver shipping containers converted into modular housing for the tornado victims in OK. MODS (Modular On Demand Structures) specializes in providing emergency housing for long and short term. The units arrive fully furnished, as MHProNews has learned from newson6.com. Costing $40,000 each,...

18 Jun 2013

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New Executive Director for Alabama Manufactured Housing Association Announc…

New Executive Director for Alabama Manufactured Housing Association Announced

The Alabama Manufactured Housing Association (AMHA) has announced the decision of their board of directors to promote Doris Hydrick to the position of Executive Director as of July 1, 2013. Ms. Hydrick served as assistant director for 16 years, with responsibility for planning meetings, education seminars, and regulatory matters, and was also...

18 Jun 2013

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Housing Market Index Posts Largest Gain in over Ten Years

Housing Market Index Posts Largest Gain in over Ten Years

For the first time in seven years, builder confidence for newly-built single-family homes has surpassed the 50th percentile mark, which indicates builders see the market as good rather than poor. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) gained eight points to 52. Based on a survey the NAHB has been...

17 Jun 2013

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Affordable Modular Homes Available; Applicants’ Credit Lacking

Affordable Modular Homes Available; Applicants’ Credit Lacking

The North East Community Action Agency (NECAC) in Hannibal, MO has joined the Next Step Network which gives them the opportunity to buy modular homes from Clayton Homes at 10-15 percent below market price. The goal is to provide low cost housing for people of modest means. Carla Potts, NECAC’s deputy director for housing development, [...]...

17 Jun 2013

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Universal Forest Products, Inc. Spikes; Three Major Indexes Gain

Universal Forest Products, Inc. Spikes; Three Major Indexes Gain

Even though investors are edgy about the possibility the Federal Reserve will announce Wednesday that it will begin to wind down its quantitative easing, the markets managed to advance for the day, with the Dow picking up over 100 points. CNNMoney reports the Dow Jones Industrial Average gained +0.73 percent, +109.67 points, to end the [...]...

17 Jun 2013

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Home-building Spurring Gross Domestic Product

Home-building Spurring Gross Domestic Product

As of April 2013, home building employment totaled 2.1 million people, up nearly 100,000 in the last year, according to the labor department. Home building contributed 20 percent to the growth of the Gross Domestic Product (GDP) in the last six quarters. Residential Fixed Investment (RFI), the home building component of the (GDP), measures...

17 Jun 2013

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Featured Articles and Reports - June 2013 Vol. 4 No. 9

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Do you Manage by Example?

Do you Manage by Example?

by Tim Connor Are you a manager or supervisor that needs to update your people skills, management style or your approach to your roles and responsibilities? Why do I ask? Read more

MARKETING

Too Much Information!

Too Much Information!

by Scott Stroud On the trip back from the MHI conference in Las Vegas last month I shared a flight with a young woman who was studying for her masters degree... Read more

MARKETING

Flying Cars and Manufactured Housing

Flying Cars and Manufactured Housing

by L. A. 'Tony' Kovach The number of prototype flying cars has been increasing. Reuters recently reported on a car that will have a 500 mile range, will essentially fly itself... Read more

MARKETING

That Bites!

That Bites!

by Nadeen Green, JD Those of us who teach (and yes, preach) about fair housing are regularly and routinely asked “Do we have to take restricted breeds as service animals?” Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Mildred!? Is that a Dog Parade?

Mildred!?  Is that a Dog Parade?

by Kurt D. Kelley, JD New Court rulings and Federal laws are opening the door to allow a parade of dogs and other animals onto your manufactured home community property(ies). Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

How Not to Apply for a Job

How Not to Apply for a Job

by: C. William Dahlin, JD Manufactured home communities, sometimes simply called “mobile home parks,” or even in some areas “trailer parks,” have a variety of employment needs. Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Call for Nominations to the RV/MH Hall of Fame

Call for Nominations to the RV/MH Hall of Fame

by RV/MH Hall of Fame ELKHART, Ind., --  The RV/MH Hall of Fame Selection Committee has issued a call for nominations for the Class of 2014. Darryl Searer, Hall president, said, "The... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Next Step: Our Story

Next Step: Our Story

by Stacey Epperson My name is Stacey Epperson and I am from rural Kentucky, where manufactured housing has always been part of my landscape. Ever since I left college, having served... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Marguerite Nader

A Cup of Coffee with…Marguerite Nader

A Cup of Coffee with…Marguerite Nader 1) Who, What and Where: (Your name and your formal title at Equity LifeStyle Properties (ELS)).Marguerite Nader, President and Chief Executive Officer. Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Joe Stegmayer

A Cup of Coffee with…Joe Stegmayer

A Cup of Coffee with…Joe Stegmayer 1) Who, What and Where: (Your name and your formal title at Cavco). Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

DC Politics and Manufactured Housing

DC Politics and Manufactured Housing

by L. A. 'Tony' Kovach Your industry issues scribe is not going to pontificate (much) on the topic of DC politics as it relates to manufactured housing, HR 1779 and the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Get to Know Your Member of Congress

Get to Know Your Member of Congress

by The Honorable Paul E. Kanjorski Your Member of Congress wants to hear from you. He or she understands that to represent approximately 800,000 constituents it is essential to hear from... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

When was the last time you SWOT’d?

When was the last time you SWOT’d?

by Lisa Tyler A SWOT analysis provides information for the development of business strategies. It is a useful tool for identifying and understanding internal and external influences. Read more

MANAGEMENT

ZigOn Improving Your Quality of Life

ZigOn Improving Your Quality of Life

by Zig Ziglar A Gallup Poll revealed that by a count of ten to one Americans prefer a good relationship with their loved ones above financial gain or corporate position. The... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Who Packed Your Parachute?

Who Packed Your Parachute?

by Greg McClanahan My daughter is graduating from high school next week. She is our youngest and that means our nest is nearly empty. With this going on in my life,... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

A Few Negotiation Concession Strategies

A Few Negotiation Concession Strategies

by Tim Connor In big ticket or repeat business settings as often occurs in an industry such as manufactured housing at the retail or wholesale level, requests for discounts or other... Read more

SALES

US and Canadian Manufactured Homes Directory Locations

US and Canadian Manufactured Homes Directory