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This week, the Senate has turned its attention to the extension of the home buyer tax tax credit which expires on December 1 unless extended. Members of the Senate have said they have substantially reached an agreement on extending the credit, and plan to add it to a bill that would extend expiring unemployment benefits. The amendment would extend the existing $8,000 tax credit for first-time home buyers and offer a new $6,500 credit for existing homeowners who have lived in their current residence for a consecutive five-year period within the past eight years. Once the Senate has adopted the extension, the House is expected to take up and pass the Senate language. The White House also came out this week in support of the extension. MHI has expressed its support for extension of the homebuyer tax credit to key members of both the House and the Senate, as well as to the White House.

Source: MHI Newswire

Daily Business News Briefs

MHCV Inches Up while Dow Slips Second Consecutive Day

MHCV Inches Up while Dow Slips Second Consecutive Day

ADP reports private employers hired 160,000 workers last month, Saudi Arabia wants to be the Walmart of oil which will cut into the fracking industry in the U. S., and investors are awaiting the opportunity to invest in Iran. Meanwhile, for the second consecutive day, the Yahoo Manufactured Housing Composite Value (MHCV) gained, although minimal,...

06 May 2015

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Chris Nicely Joins Next Step Homes

Chris Nicely Joins Next Step Homes

MHProNews has learned from Next Step Network that Chris Nicely has joined Next Step Homes, the for-profit subsidiary of Next Step Network, as Chief Executive Officer. Next Step Network is a Louisville, KY-based 501(c)3 not-for-profit that seeks to put affordable factory-built housing within everyone’s reach regardless of their income....

06 May 2015

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A Short Story on the Tiny Home Movement

A Short Story on the Tiny Home Movement

Australian filmmaker Jeremy Beasley has been documenting the Tiny Home movement which began in the U. S. 15 years ago, and estimates there are between 500 and 1,000, although the exact number is unknown because many are under the radar. As MHProNews reported Oct. 21, 2014 on a 70 square-foot one person Tiny Home constructed […]...

06 May 2015

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Borough Establishes Regulations for Siting of Manufactured Homes

Borough Establishes Regulations for Siting of Manufactured Homes

New rules and regulations for the moving and placement of manufactured homes (MH) was discussed at the Ramey (Penn.) Borough Council meeting May 4, as theprogressnews tells MHProNews. Code Enforcement Officer Joe Kercenneck discovered a multi-section home in town has a manufacturers seal of approval, but it does not have a year of manufacture on...

06 May 2015

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Updated Rent Stabilization for Manufactured Home Communities due in June

Updated Rent Stabilization for Manufactured Home Communities due in June

Rick Robinson of the Manufactured Housing Institute (MHI) has informed MHProNews that the city council of El Monte, California, county of Los Angeles, on March 30, 2015 approved Urgency Ordinance No. 2852 to extend the existing manufactured home (MH) rent stabilization for an additional three months, through July 3, 2015. On April 29, 2015 the...

05 May 2015

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Texas Legislature Passes Bill to Elevate Modulars

Texas Legislature Passes Bill to Elevate Modulars

MHProNews has been informed by Caitlin Nauert of the Texas Manufactured Housing Association (TNHA) the Texas Senate has passed SB 1264 and the House has approved companion bill HB 1990 which will allow multifamily modular construction to be four stories tall instead of the current three stories. Of the 6,268 bills filed in this session, […]...

05 May 2015

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Louisiana Pacific Flies, MHCV Moves Up, Drew Cries, Dow Drops 142 Points

Louisiana Pacific Flies, MHCV Moves Up, Drew Cries, Dow Drops 142 Points

In other news, oil lands above $60 a barrel for the first time this year, other burger chains are eating McDonald’s for lunch, and venture capitalist Dave McClure, head of 500 Startups, says women and minorities are underpriced assets in today’s marketplace. Meanwhile, the Yahoo Manufactured Housing Composite Value (MHCV) gained +0.60...

05 May 2015

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Drew Draws Aces, Posting Record First Quarter 2015

Drew Draws Aces, Posting Record First Quarter 2015

Net sales for Drew Industries, Inc. (NYSE:DW) in the first quarter of 2015 rose to a quarterly record $361 million, 27 percent higher than for the same period 2014, resulting in net income of $20.1 million, $0.82 per diluted share, versus $16.2 million, or $0.67 per diluted share for the quarter ending March 31, 2014. […]...

05 May 2015

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Modular Skyscraper Erected in 19 Days

Modular Skyscraper Erected in 19 Days

With 19 atriums, 800 apartments and office space for 4,000 workers, 1,200 employees of the Broad Sustainable Building Co. erected a 57-story modular skyscraper in 19 working days in Hunan’s provincial capital, Changsha, China, according to ca.news.china. The 2,736 modules that make up Mini Sky City were fabricated in 4 1/2 months before...

05 May 2015

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Cavco Acquires Manufactured Home Producer Fairmont

Cavco Acquires Manufactured Home Producer Fairmont

MHProNews has learned from globenewswire that manufactured and modular home builder Cavco Industries, Inc. (NASDAQ:CVCO) has acquired Fairmont Homes, Inc. of Nappanee, Indiana through its wholly-owned subsidiary, FH Group, LLC.. With manufacturing plants in Indiana and Minnesota, Fairmont produces manufactured and modular homes and park model...

05 May 2015

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HUD Code Manufactured Home Production Continues Rising

HUD Code Manufactured Home Production Continues Rising

Based on official statistics gathered on behalf of the Department of Housing and Urban Development (HUD), the Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in March hit 5,602, a 14.3 percent increase over the 4,899 homes produced in March 2014. This marks the fourth...

04 May 2015

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Featured Articles and Reports - April 2015 Vol. 6 No. 8

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The Language Of Rentals

The Language Of Rentals

by Bill Dahlin, JD Many states, including, for example, California, have statutory schemes where the language of a consumer contract is addressed. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Yes, You Can! - Marketing Your Community the Fair Housing Way

Yes, You Can! - Marketing Your Community the Fair Housing Way

by Nadeen Green, JD One of my blog mentors recently suggested to me that I break from the tradition often followed by those of us who teach fair housing. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

The Rules for Innovation—Part 2

The Rules for Innovation—Part 2

by Bob Vahsholtz American housing innovation has been on a back burner for a century—except for a short period after WWII. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

MH Image and Education Campaign - Open Letter to the Manufactured and Modu…

MH Image and Education Campaign -  Open Letter to the Manufactured and Modular Home Industry

by John Bostick Exclusive announcement to the industry via MHProNews.com, re: Manufactured and Modular Home (MH) Image and Education Campaign. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Time for The Game Changer in Manufactured Housing Image and Education

Time for The Game Changer in Manufactured Housing Image and Education

by Tom Fath To: Forward Thinking MH Industry Pros and the Game Changers in Our Industry, L.A. “Tony” Kovach and Charles Drake. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Land Lease 55+ Senior Communities Opportunity

Land Lease 55+ Senior Communities Opportunity

by Steve Lefler I recently read a US News and World Report article by Tom Sightings on Yahoo entitled the “Baby Boomers Housing Trends to Watch.” NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Alternate Construction...Who Knows Why?

Alternate Construction...Who Knows Why?

by Ron D'Ambra Recently, there has been some heated and biased discussions on the purpose and theory of the Alternate Construction (AC) Standards per the HUD code 3280.14 when referenced by... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Selling More Manufactured Homes - Evan Atkinson's Leadership, PIP and You

Selling More Manufactured Homes - Evan Atkinson's Leadership, PIP and You

by L. A. 'Tony' Kovach Imagine for the next few moments someone who is a capable buyer that is home shopping. This house hunter is one of millions like him/her looking... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Partners in Progress - Agents for Positive Change - The MH Alliance

Partners in Progress - Agents for Positive Change - The MH Alliance

by L. A. 'Tony' Kovach The past 5 ½ years has been exhilarating as well as humbling. Our Manufactured and Modular Homes (MH) industry has been on a steady 5 year... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Mel and Thelma Fath

A Cup of Coffee with…Mel and Thelma Fath

1) Who, What and Where: (Your name and your formal title at New Durham Estates). Melville (President) and Thelma Fath (Secretary) at New Durham Estates, Manufactured Home Sales and New Durham Hardware. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

What's Coming Soon in MH Image and Education!

What's Coming Soon in MH Image and Education!

by L. A. 'Tony' Kovach Videographer Charlie Drake and I have just returned from almost 2 weeks on the road doing the next round of videoing for Inside MH. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Get out from Behind your Desk

Get out from Behind your Desk

by Tim Connor, CSP A recent study said that only 18% of managers know what they are doing or know how to manage effectively – WOW. NSP_READMORE

MANAGEMENT

ZigOn Dieting

ZigOn Dieting

by Zig Ziglar It seems that after decades of diet, exercise, miracle potions and a host of gimmicks, many in the American public has concluded that losing weight, for them, is... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Let purpose be your touchstone

Let purpose be your touchstone

by Tim Connor, CSP Loss of purpose in sales is akin to a loss of faith or patience in your ability to perform consistently, effectively and successfully. NSP_READMORE

SALES

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

10,000th home made secure and affordable…

10,000th home made secure and affordable through resident ownership movement

For Immediate Release May 1, 2015 Contact: Paul Bradley, President, ROC USA, LLC (603) 848-3254 CONCORD, N.H. — In less than seven years, ROC USA® has built on a proven strategy of resident ownership in New Hampshire manufactured home communities and scaled it across the country, transforming communities and building a network of 10,000 secure and affordable homes with partners in 14 states. ROC USA is a nonprofit social venture dedicated to making quality resident ownership of manufactured home communities (aka “mobile home parks”) possible nationwide. It works to provide democratic homeowner organizations with the opportunity, training and financing to purchase and manage their communities. Founding President Paul Bradley said ROC USA strengthens the local ownership of communities with the scaled resources and efficiencies of a national organization, coupled with the regional support of a...

the MHMSM Team 04 May 2015 Corporate Press Releases

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RV/MH Heritage Foundation Acquires Manuf…

RV/MH Heritage Foundation Acquires Manufactured Home on Display at the RV/MH Museum

ELKHART, Ind., - Thanks to several generous donations, the manufactured home on display at the RV/MH Hall of Fame and Museum in Elkhart, Indiana, is now owned by the RV/MH Heritage Foundation (Foundation), according to Foundation President Darryl Searer.  The home was originally erected and donated by Fairmont Homes for a period of one year for the purpose of showing visitors to the museum the evolution of mobile homes of the early to mid-20th century to today's modern affordable manufactured homes.  Since it was opened to the public in late 2013 it has been toured by thousands of visitors to the museum. As the clock was counting down to the end of the year when the home would have been removed by Fairmont Homes, Jim Shea, president of Fairmont Homes, offered to let the Foundation acquire...

Soheyla Kovach 01 Mar 2015 Corporate Press Releases

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FREE Educational Seminars Are Scheduled …

FREE Educational Seminars Are Scheduled for the  2015 Tunica Manufactured Housing Show!

These seminars were a major HIT at the 2015 Louisville Manufactured Housing Show. MHPros from Coast to Coast and Canada came... ...they praised the practical information for their businesses. We expanded seminar room space 30%, and still filled it! Come see why... Wednesday March 25th, 2015 Wednesday 8:30 AM to 9:45 AM. Lisa Tyler from Walden University and other MH Experts will be speaking on reasons why Realtors ®, investors, MH veterans and other housing professionals should be joining the ranks of profitably advancing America's most affordable new home construction. Opportunities in Modern MH. This will be a fast paced panel presentation, with Q&A planned. Wednesday 10 AM – 11 AM. Super-Charged Marketing! Dominate your area with savvy Marketing! Learn how to sell more homes and how MHCs can fill more vacant sites. Attract more customers with cash and good credit....

the MHMSM Team 25 Jan 2015 Corporate Press Releases

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Bill Matchneer, Dick Jennison and Ron Th…

Bill Matchneer, Dick Jennison and Ron Thomas Sr. to address Louisville Show attendees

MHProNews  has confirmed that attorney Bill Matchneer, previously with HUD and the CFPB, will be addressing the attendees of the Louisville Manufactured Housing Show. So too will Richard "Dick" Jennison, MHI's current President and CEO. MH community and street retail Hall of Famer, Ron Thomas, Sr. - who is also the Midwest Manufactured Housing Federation (MMHF) Chairman - will speak on financing and MH growth related topics, rounding out what promises to be a faced paced opening hour to the seminars on Wednesday morning. The doors will open at 8:15 AM on Wednesday at the seminar room so MH Industry professionals can network with peers and colleagues. The session featuring these three industry leaders will begin at 8:45 AM sharp. They will be introduced by one or more of the executive...

the MHMSM Team 12 Jan 2015 Corporate Press Releases

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Fairmont residents purchase community

Fairmont residents purchase community

Download pdf Fairmont residents purchase community

the MHMSM Team 11 Jan 2015 Corporate Press Releases

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Tunica manufactured home show 2015 updat…

Tunica manufactured home show 2015 update

Introducing… A Phoenix Rises Is widely considered the “premiere” show of the year… Is a unique show that totally sets it apart from all others… Is so distinctive that retailers will never see the same product at other shows… Is such an inclusive show for the south east region that it has appeal for virtually everyone who attends… Encompasses all levels of affordability, from HUD homes to spectacular system-built housing… One would have to be awfully shortsighted to fail to see that our show could present an enormous marketing opportunity. And one would have to look far and wide to find another event with the pizzazz, panache, and prestige of such a show. That’s because it doesn’t exist. But this one does. You already know it. It’s called The Tunica Manufactured Housing Show. This show possesses every one...

the MHMSM Team 11 Jan 2015 Corporate Press Releases

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