Busy Times in the MH World

Must be that time of year

This week has it all - lawsuits, standard MHP owner hit piece, nonprofit buying a park, park redevelopment, new park development, rent control, park being shutdown, park getting back in compliance, and much much more.

Enjoy!

What We Are Reading

The Goods - Manufactured Housing

Judge denies request for temporary injunction in mobile home park rent case — Charleston, WV

One attorney said that mobile home park residents who are seeing their lot rents increase are victims of "vulture capitalism" and an attorney representing the new owners of five parks said problems at the parks are being addressed and that rents have not been increased in many years.

Big investors are buying mobile home parks — and upending the lives of residents — Revere, MA

John Piazza remembers when he first moved to Lee’s Trailer Park in Revere in 2000, after his rent skyrocketed in Boston.

Piazza fell in love with a 720-square-foot mobile home, finding it more spacious and affordable than his small apartment in the North End.

Nonprofit to purchase trailer park for pilot project — Paw Paw, MI

A Carbondale-based social justice nonprofit group this week went under contract to buy a 20-unit mobile-home park outside of Glenwood Springs for $2.4 million in an attempt to buck the trend of displacement and affordable-housing destruction at the hands of private-equity groups buying Colorado parks.

Bellevue scheduled to shut down trailer park today — Ketchum, ID

The city of Bellevue plans to shut down an unpermitted trailer park today, if residents there have not made alternative living plans already.

RV, mobile home parks booming in Baldwin County, and residents seem not to mind — Baldwin County, AL

At the December meeting of the Baldwin County Planning and Zoning Commission, the commission heard applications from two RV parks and one mobile home park, another facet of development in the rapidly growing county.

Tighter rent control secured for Santa Rosa mobile home residents — Sonoma County, CA

Santa Rosa mobile home residents will enjoy the strongest rent control protections in Sonoma County starting next year.

Another South County City Is Regulating Mobile Home Parks — National City, CA

On Tuesday, the National City Council moved forward with a new ordinance that will provide a temporary rent cap for all mobile home parks within city limits. The ordinance goes into effect on Jan. 1, 2023, and is good through the end of 2024.

Families are still living at a closing mobile home park in Puyallup — Puyallup, WA

Families are still living at a Puyallup mobile home park that was initially scheduled to close a few months ago.

As of Dec. 1, 15 families are still living at Meridian Mobile Estates at 202 27th Ave. SE. Residents have until Jan. 31 to relocate, city spokesperson Eric Johnson wrote in an email.

City of Spencer Continuing Work To Bring Trailer Park Into Compliance — Spencer, IA

The City of Spencer is continuing to work with the owner of the trailer park near the Clay County Fairgrounds to bring the property up to city code.

New Owners Aim to Increase Density in Crozet Mobile Home Park — Crozet, VA

The Crozet Mobile Village mobile home community on Park Road has been sold to a new owner who intends to increase the number of units on the site and bring the development into conformity with county code. Richard L. Hevener, who owns and operates Hevener’s Cars and Trucks in Buena Vista, owned the Crozet Mobile Village property since 1978.

Habitat for Humanity branches and UD release study on Delaware's housing repair needs — Dover, DE

Habitat for Humanity of Central Delaware added a mobility ramp to a home in Rodney Village near Dover - an early project in a larger effort to ramp up housing repair as part of a strategy to preserve and expand affordable housing options.

Multiple Violations Found After Inspection of Mobile Home Park — Cortlandville, NY

Multiple violations were found during an inspection of the Cortland Estates Mobile Home park on October 12th of this year by the Town of Cortlandville Code Department.

Beacon Falls voters reject fair rent commission — Clinton Twp, MI

Residents on Tuesday voted 78-39 to reject establishing a fair rent commission through a town ordinance after months of outcry from River’s Edge Mobile Home Park tenants…

Residents are losing their mobile homes, and Phoenix isn't doing enough to help — Phoenix, AZ

Opinion: Developers are buying up mobile home parks to redevelop, and residents are being displaced without enough cash to relocate. Phoenix must step in.

General Real Estate News

  • Zillow's Bold Predictions for 2023. (Link)

  • Texas Is About To Record Its Worst Year For Headquarters Relocations Since 2017. (Link)

  • “Good cause eviction” struck down in Newburgh. (Link)

It’s the Economy, Stupid

  • Wholesale prices rose 0.3% in November, more than expected, despite hopes that inflation is cooling. (Link)

Regulatory and Affordability

  • Housing affordability is worst on record, data shows. (Link)

  • Will Housing in Utah Ever Become Affordable Again? (Link)

  • Home Ownership Affordability Monitor. (Link)

  • Broadband Access Still a Challenge in Rural Affordable Housing. (Link)

  • YWCA acquires 91-unit apartment building in Capitol Hill. (Link)

Charts Making Us Smarter

Public Markets Corner

Recent Acquisitions

Forrest Street Partners adds Fernwood park in Fayetteville, GA to their expanding manufactured home community portfolio

Just sold! 69 spaces in Vancouver, Washington. Congrats to all parties involved

Video Gallery

Residents of Westwood mobile home park hope to turn into a co-op

Multiple homes on fire at Mobile home park in Novi

Water Turned Off at Mobile Home Park

Judge grants order requiring clean water at Meadowlark mobile home park in Billings

Social Section

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semite planned to destroy homes in El Portal long before telling owners, records show