Manufactured Housing News

Today’s beautiful modern well, built single section manufactured home is the easiest, quickest, and most affordable quality home available in America. The origin of today’s modern single section (aka single-wide).and subsequent multi-section manufactured and modular homes began over half a century ago. In the beginning, single section factory-built homes were commonly called “mobile homes or...

In 2022, approximately 4,000 people will access 7,000 Operation HOPE  homeownership services, placing them in a better position to purchase a home. Source: Clayton – Clayton, a national builder of attainable housing, and Operation HOPE, a national organization that equips people with financial tools and education, are partnering to help people reach their dream of...

The following are snippets from news and opinion reports referencing manufactured housing.   New York – County gets $550,000 to fund mobile, manufactured home replacements. (Source: Fingerlakes.com)  –  The New York State Office of Community Renewal recently announced that Livingston County had been awarded $550,000 in funding through its Community Development Block Grant (CDBG), which...

More and more young adults are shattering misconceptions about modular and manufactured housing as many go with these options to secure housing in an otherwise unaffordable market. This information comes by way of a new survey from Vanderbilt Mortgage and Finance, Inc, a national financial institution focusing on manufactured, modular, and mobile homes. The survey, conducted...

“Manufactured housing is such a critical piece to the affordable housing crisis and a potential keystone of all HUD’s housing programs.” Source: Regulatory News (RESPA News) –  October Research. LLC welcomed Teresa Payne, administrator for HUD’s Office of Manufactured Housing, and Esther Yamashiro, housing program officer of the Santa Ana Homeownership Center, Federal Housing Administration...

All consumer studies and surveys indicate that Americans who are renting overwhelmingly still hold on to the belief that someday, somehow, someway their dream of homeownership will eventually be realized. It has also been well chronicled that homeownership is the main component of the “good life.” This has been confirmed by a study by the...

October 04, 2022—Source: Cavco Industries, Inc. …Cavco Industries announced that the company had opened its newest manufacturing facility in Hamlet, North Carolina. Known as “Cavco Homes of North Carolina,” the 184,000 square-foot plants will produce homes built under standards of the U.S. Department of Housing and Urban Development (“HUD code”). The opening comes approximately seven...

It has been almost 50 years since a mobile home/manufactured home park was authorized in San Diego County, California. Source: Times of San Diego – The following are excerpts from an opinion column by Mark Powell, a real estate broker and a former San Diego County Board of Education member. (Note: Although this essay is...

Source: Legacy Housing Corporation BEDFORD, Texas, Sept.23, 2022 – Legacy Housing Corporation (the “Company” or “Legacy,” NASDAQ: LEGH) today announced its financial results for the second quarter that ended June 30, 2022.   Financial Highlights Comparison of Six Months June 30, 2022, and 2021 Revenue was $124.1 million, an increase of 40.2% from 2021 1H...

Expansion of federal loan programs could boost access to this path to homeownership. (Source:  PEW Article by Linlin Liang, Richard Siegel & Adam Staveski)  –  Data report compares the differences between site-built mortgage financing and available manufactured home financing. The following contains excerpts from that report and other reports referencing government-backed manufactured housing financing availability....