MH NEWS BRIEFS: Cavco Donates School Supplies- – Manufactured Housing Production Declined Again in June 2023- – YES Communitie’s 2023 Building Futures Scholarship Awards – – PA. Manufactured Homeowners Rally For Rent Caps
CAVCO Donates School Supplies
Cavco Industries, CAVCO, based in Phoenix, Arizona, the third largest builder of manufactured homes in the U.S. wants to make sure kids at Monroe Avenue Elementary school in Hamlet, Va. are prepared for the start of the upcoming school year.
Representatives from Cavco Industries delivered 40 colorful bags to the school last Thursday morning. Inside the bags were several school supplies, including packs of paper, folders, pencils and crayons.
The Cavco manufactured housing factory is located in the Richmond County Industrial Park, off of U.S. 74 south of Hamlet. The Company announced last year that it had acquired the property formerly occupied by VBC Manufacturing.
Manufactured Home Production Declines
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development, HUD Code manufactured housing year-over-year production declined again in June 2023. Just released statistics indicate that HUD Code manufacturers produced 8,169 new homes in June 2023, a 28.1% decline from the 11,373 new HUD Code homes produced in June 2022. Cumulative production for 2023 is now 43,888 homes, a 28.8% decrease from the 61,659 homes produced over the same period during 2022.
YES Communities Celebrates Scholarship Recipients
YES Communities announced the winning Building Futures scholarship recipients, awarded to community residents and children of YES employees to empower their future careers.
This year, the Building Futures Scholarship Program awarded $37,500 via fifteen $2,500 scholarships as a commitment to empowering the lives of residents and team members through education. Recipients were selected based on academic efforts and a demonstrated commitment to service within their communities.
YES Communities is an operator of manufactured Housing Communities based in Denver Colorado. YES has been recognized by the Manufactured Housing Institute “Community Operator of The Year ” from 2009 to 2019.
Manufactured Home Owners Rally For Lot Rent Caps
Source: (The Center Square) – Residents of manufactured home land-lease communities often face the same problem; constantly rising lot rental fees that some critics say “predatory” investors use to hold residents “hostage.”
That’s why Sen. Judy Schwank, D-Reading, offered a simple solution that’s gained the approval of advocates long battling the issue of rent caps.
Senate Bill 861 would amend ACT 261, creating a cap on yearly land rent increases on manufactured homes. Manufactured homes communities provide a source of affordable housing for seniors, veterans and individuals with disabilities on fixed incomes. Its companion, House Bill 805, was introduced by Liz Hanbidge, D-Blue Bell.
