Modular Townhomes will Replace Housing Project
Livingston Manor at the southern edge of the Catskill Mountains in New York has won a $1.8 million grant to replace an affordable housing project with 27 two-bedroom and 33 three-bedroom modular...
View ArticleAffordable Housing Bolstered by Federal Program, Private Bank
The Federal Home Loan Bank of New York, through the M&T Bank, awarded $35.5 million in Affordable Home Program (AHP) subsidies in 2013 that will help finance 48 affordable housing initiatives,...
View ArticleModular Classrooms Re-Purposed
A section of a report issued by the Wappingers Central School District in Wappinger Falls, New York recommends the closing of several schools and facilities, as well as reconfiguring the student makeup...
View ArticleGeorge Allen Fact Check: 6 Errors/Contradictions in one section alone (290/1)?
The Washington Post famously hands out “Pinocchios” for false or misleading statements made by public officials they fact check, including notables such as U.S. President Barack Obama, Russian...
View ArticleHUD Code, Modular Builder Expands
G&I Homes, Inc. recently took over the former site of Serenity Housing Sales, Inc. in Ballston Spa, New York, joining the company’s other manufactured and modular home sales centers in Utica,...
View ArticleBrooklyn’s B2 Modular Tower Delayed; City not Happy
Following a story MHProNews.com last covered Dec. 17, 2013 regarding Forest City Ratner’s 32-story Atlantic Yards modular housing project in Brooklyn, New York, therealdeal.com reports the completion...
View ArticleCash Sales for Homes Increase 19 Percent
RealtyTrac reports for the first three months of 2014, 43 percent of all home sales were cash deals, up 19 percent from a year ago, and the highest level since the analysis company began tracking cash...
View ArticlePoughkeepsie, New York will Install Modular Jail Cells
Following a story MHProNews.com last posted Sept. 5, 2013 regarding a rejected proposal to use modular jail cells in Dutchess County, New York instead of paying other counties to house the overflow of...
View ArticleChinese Homebuyers Buoying the U. S. Housing Market
According to CNNMoney, the Chinese are now the biggest international buyers in the U. S. housing market, and over half of the $22 billion they spent on homes for the year ending in March was spent in...
View ArticleAll-cash Home Sales Fall Nationally, Save Several Metros
According to RealtyTrac, all-cash deals comprised 38 percent of all home sales in the second quarter of 2014, a drop from 42 percent in Q1 2014, as institutional buyers—those buying at least ten homes...
View ArticleChina-based international HomeBuilder Targets U.S. with $1,000,0000,000 in...
Landsea Group Co. Ltd. announced investments of more than $1 billion in the U.S. housing market over the next several years, NassauNewsLive tells MHProNews. The first projects will begin with...
View ArticleUMH Properties Declares Stock Dividend
Freehold, New Jersey-based UMH Properties, Inc. (NYSE:UMH) has declared a quarterly dividend of $0.18 a share payable on Dec. 15, 2014 to stockholders on record as of Nov. 17, 2014. The dividend...
View ArticleGolden U.S. Housing Opportunities for Chinese Investors
Chinese investors have their eyes set on trouble Detroit, Michigan and other American markets, seeing great opportunities for housing investments. According to Financial Fuzz, “Mainland China residents...
View ArticleMore Factory-built Homes Rise on Long Island
MHProNews has learned from riverheadnewsreview on Long Island, New York that single-family home construction has risen in Riverhead Town, nearly doubling last year over 2013, including factory-built...
View ArticleDemographics of New York not Reflected in Home Purchase Loans
According to an affordable housing advocacy group, nationalmortgagenews informs MHProNews, low-to moderate-income consumers and minorities face a rocky road when it comes to buying a home in New York....
View ArticlePassages: Herbert Fiederer, Sr., and Barry Ogden
The New York Housing Association (NYHA) has informed MHProNews that Herbert Fiederer, Sr., 80, who with his wife, Patricia, owned Latham Homes of Oneonta, New York since 1972, passed away March 7, 2016...
View ArticleThe Curious Case of a Sewer System… Or Not
An interesting situation is playing out in the case of a Moreau, New York manufactured home community. According to the Post-Star, the owner of Bluebird Terrace is taking a unique stance on whether his...
View ArticleStop, Manufactured Home “Thief”
In the latest in our Daily Business News periodic reports on problematic, or allegations of illegal behavior that occur in the industry, a Pennsylvania man who stole a manufactured home in a storage...
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