INDUSTRY
Happenings Homeowners Buy Neighborhood
Mobile Home Ordinance Amendment Passes
Residents at Mountainside Park, a 52-unit retirement community raised $1.9 million for the purchase of their Camden, Maine community. With real estate prices continuing to outpace wage growth in the state, manufactured home ownership remains one of the few affordable options for workforce and entry-level housing. ROC USA worked with homeowners and the community to facilitate the sale, turning the community into the state’s 10th resident-owned community.
The Marshall Village Board unanimously approved an amendment to the local ordinance, allowing mobile home owners to request exceptions to a rule that prohibits the relocation of buildings older than 20 years. Owners can move mobile homes to an existing mobile home community in Marshall, Wisc. However, Marshall’s only community is Evergreen Village. Under the rewritten ordinance, an exception process will allow the village to consider mobile home relocation requests on a case-by-case basis.
Clayton Introduces Solar Panel Technology to Texas Homebuilding Facility Clayton Homes, a Tennessee-based builder of site-built and off-site built homes, has installed a 200 kilowatt solar carport system at its Sulphur Springs, Texas, home building facility. Installed by Solar One, the new solar panel system will allow the company to offset 30 to 40% of the facility’s on-demand electricity use with renewable energy, while providing shade for its team members’ vehicles.
electricals, ball mounts, and cargo management components.
Alaskan Town Moves to Embrace Tiny Homes The Sitka Planning Commission voted 3-2 to change the general code to allow tiny houses and tiny houses on chassis in mobile home and manufactured home parks. The vote was the result of an action plan, first proposed in 2018, directing the commission to review zoning codes to see which ones could be changed to enable tiny homes as a potential affordable housing option.
Lippert Components Completes Acquisition of CURT Group
Manufactured Housing Properties Inc. Acquires ARC
LCI Industries announced that its wholly-owned subsidiary Lippert Components, Inc. has completed the previously announced acquisition of Curt Group for approximately $340 million. Headquartered in Eau Claire, Wisc., Curt is a leading manufacturer and distributor of branded aftermarket towing products and truck accessories. It maintains a product portfolio comprised of thousands of SKUs including hitches, towing
Manufactured Housing Properties Inc. acquired ARC manufactured housing communities in December 2019. Five communities in the portfolio account for 187-pads in Lexington, S.C. This was the company’s fifth 2019 acquisition. It owns and operates 1,134 lots across 18 manufactured housing communities and is actively seeking to expand its portfolio.
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