Industry News from Around the World
NATIONAL – The pandemic has forced the federal government to be more nimble as it sets up programs and deploys relief money to states and local jurisdictions. That could help lay the groundwork for spending on housing through an infrastructure package.
NATIONAL – Manufactured housing rents and occupancy rates are back to pre-pandemic levels — not necessarily something experts predicted would be the case back in April 2020.
NATIONAL – The industry joins together in congratulating Charley Lott upon his retirement from Fleetwood Homes after 50 years as a manufactured housing executive.
NATIONAL – On Tuesday, the price per thousand board feet of lumber soared to an all-time high of $1,359, according to Random Lengths. Since the onset of the pandemic, the price of lumber has skyrocketed 280%.
SCOTLAND – Site work is getting under way this month on what is claimed to be Scotland’s largest social modular housing development.
NATIONAL – Manufactured homes are an important source of affordable housing buyers can customize to fit their needs and financial situations.
ENGLAND – Seventeen new modular homes in Darlington are all ready for their new residents, after contractors assembled the modules and completed the last details on site in just a few weeks.
CALIFORNIA – Completion of Hope on Hyde Park, which has an estimated budget of $40 million, is expected in the second quarter of 2022.