Archive for the ‘Uncategorized’ Category

CALL TO ACTION!

Friday, September 17th, 2021

Blog Posting # 656 @ 17 September 2021: Educatemhc

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U!’ Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. # 1 source of affordable attainable housing! Attend MHM class!

CALL TO ACTION!

Late last week (9 & 10 September), tenant activist group MHAction (That’s short for ‘Manufactured Housing Action’), along with Americans for Financial Reform (‘AFR’), released an online video titled ‘Manufacturing Trouble’, Private Equity & Mobile Homes. This was their attempt to demonstrate, to local and national decision makers, ‘What it’s like to live in a land lease community’ owned by one or another of our nation’s 500+/- property portfolio owners/operators.

In my opinion, the substance of this video left much to be desired (i.e. accuracy), and clearly demonstrated naiveté of the folk who put it together. Specifically, the accompanying Press Release errantly mixes ‘manufactured housing’ & ‘mobile home’ terminology. This simply confuses video viewers. And, the property portfolio profiled in the video, is renowned for being ‘one of the best in the business’ when it comes to fostering good resident relations, attractive curb appeal, and desirable living environments. That error played in our favor.

So then, why a CALL TO ACTION? Well, rent hikes, safety matters, and maintenance (or lack thereof) issues alluded to in the Press Release have become commonplace in some land lease communities today – resulting in negative local press, calls for landlord-tenant legislation (i.e. rent control), and other business-restricting measures. It’s reasonable to expect additional, possibly more accurate, videos to appear in the not too distant future. The challenges identified, are not going away. Hence, the Best Defense is a Good Offence is where to begin!

Therefore, I think the time has come for our national advocates; specifically, the Manufactured Housing Institute (‘MHI’) and its’ National Communities Council (‘NCC’) division; along with others, to once-and-for-all, address troublesome matters foisted on land lease communities by real estate investors (a.k.a. consolidators) from outside (& inside) our realty asset class. There are at least two upcoming events, one virtual, and the other in-person (so far), where these matters would make for appropriate and timely topics for group presentation and discussion.

The SECO 21 Conference occurs 27 September – 1 October. This annual ‘by owners for owners’ event, in its’ 11th year, expects to draw 600 attendees. For more information, visit seco conference 2021

And from 8-10 November, MHI’s NCC division will host its annual Leadership Forum, billed as ‘The only strategic executive level event of the year.’ It will be held in downtown Chicago, IL. For more information, visit manufacturedhousing.org/events

Yes, I’ll be participating in the SECO 2021 Conference as a presenter (i.e. ‘State of the Manufactured Housing Industry & Land Lease Community Real Estate Asset Class’), as well as interviewing Sam Landy of UMH Properties, late afternoon on 29 September.

I likely won’t be participating in the NCC Leadership Forum. Though I’m a founding NCC board member (circa 1996), I haven’t been invited to presenter during the past decade or so. But no matter, this event is ripe to show owners/operators the NCC can be a viable national advocate.

Know what? There’s historic precedent for this CALL TO ACTION! On 26 October 1993, the Industry Steering Committee (‘ISC’), founded by 19 community owners two months earlier on 31 August 1993 (& predecessor to the aforementioned NCC), published a Mission Statement, seven Strategic Objectives, and 17 Issues of Note. Here are some of the appropriate wordings:

From the Mission Statement. “The manufactured home community industry… (has a) goal of providing affordable housing and a quality lifestyle.”

From the Strategic Objectives. “Improve industry image and encourage professionalism among peers.” & “Provide affordable land lease homesites.” & “Promote the manufactured home community lifestyle.”

From the 17 Issues of Note. “Improving management/resident relations” & “Avoiding and combating rent control and landlord/tenant legislation”

These guidelines were published with the intent of guiding present (1993) and future (2021) business operations of ‘manufactured home communities’, now ‘land lease communities’, relative to homeowners/site lessees. Now is time to become a positive national presence!

Again, the question: Whether to continue functioning nationally with a ‘business as usual mindset’, OR finally, come together for the common cause of countering negative property management practices (a.k.a. predatory land-lording), and take practical public steps to improve our industry image and community lifestyle!

Do I have corrective measures in mind? Sure. Some (following) I don’t mind airing via a public platform like this; others I’m reluctant to so disclose. In the first instance: Everyone to agree on a nationwide goal to support Certified Property Manger™ training and designation (‘CPM’) of all executive and regional property managers. And, at the property level, require all on-site managers to be trained and certified as Accredited Community Managers (‘ACM’) via MHEI, or EducateMHC’s Manufactured Housing Manager (‘MHM’) program. And, just as important, widely publicize the NCC’s Code of Ethics, enforcing the provisions contained therein!

Here’s one of my ‘reluctant corrective measures’. During past decades of community consolidation, it has bothered me how bona fide owners of communities, upon acquisition of their property(ies), are routinely replaced with salaried operations executives who do not have ‘skin (personal equity) in the game’. And I wonder whether this new type operator has, as we often say, ‘manufactured housing in their blood’? Specifically; do they have serious concern for the welfare of individuals and families living within their land lease communities, or not? In my experience, the sole exception to this aberration occurs only when professional property management (training & certification) prevails, from top down in property portfolios. Are all your property managers trained and certified as professional property managers?

In any event, it will be interesting to see if our salaried and volunteer national industry and realty asset class leaders embrace and publicly engage in this CALL TO ACTION! I, for one, hope they do!

How do you feel about these matters? CALL TO ACTION, training and certification of property managers, and more. Reach me via gfa7156@aol.com

George Allen, CPM, MHM
EducateMHC

AN HISTORIC OCCASION, UNLIKELY TO BE REPEATED!

Friday, September 10th, 2021

Blog Posting # 655 @ 10 September 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTINE: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aoal.com & visit www.eduatemhc.com

Motto: ‘U Support US & WE Serve U!’. Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. #1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION: An historic occasion & sobering statistics!

I.

AN HISTORIC OCCASION, UNLIKELY TO BE REPEATED!

Some will say this is ‘much ado about nothing’; others will opine ‘this is the way it should be’!

What are we talking about here? Well, the Institute for Building Technology & Safety (‘IBTS’), HUD’s official ‘scorekeeper’, reported 7,564 new HUD-Code manufactured housing shipments for the month of July 2021. This was remarkable for several reasons:

• This was the first time in contemporary industry history when ALL reporting entities (i.e. IBTS, HUD, MHI, MHARR, & EducateMHC) published the same number of new homes shipped – unaffected by adjustments for Destination Pending (‘DP’) units – as there were none! That’s the historic part.

• Quoting from MHI’s ‘Monthly Economic Report’, 7,564 homes shipped is “…a decrease of 1,870 homes, or 19.8 percent, compared to June 2021” (the previous month), and an increase of 74 homes or 1.0 percent compared to July 2020.”

• Furthermore. “…compared with the same month last year, single-section homes were down 9.2 percent, while multi-section homes were up 9.3 percent.” MHI

And there’s more. What does the total shipment picture look like come the end of year 2021?

“The seasonally adjusted annual rate (‘SAAR’) of shipments was 105,224 in July 2021, down 3.4 percent compared to the adjusted rate of 108,885 in June 2021.” What this means is that, given present day shipment levels, we might exceed the 94,390 total realized year end 2020. What do you think?

But the conundrum continues. How can HUD-Code housing manufacturers complain of building material shortages and high prices on one hand, and be boasting record profits on the other?

II.

CASUALTIES (# DEATHS) DURING SEVEN CONFLICTS

Have you ever wondered how the number of combatant deaths, among seven major conflicts, compare? I did, so engaged in a little research via the Congressional Research Service’s ‘American War & Military Operations Casualties’ website. Here’s what I learned:

Civil War, with 3,212,363 combatants, experienced 364,511 deaths; 2 percent of all who served

World War I, with 4,734,991 combatants, suffered 116,516 deaths; 2 percent of all who served

World War II, with 16,112,566 combatants, endured 405,399 deaths; 3 percent of who served

Korean War, with 5,720,000 combatants, tallied 36,574 deaths; one percent of all who served

Vietnam War, with 8,744,000 combatants, had 58,220 deaths; one percent of all who served

Afghanistan, Iraq, Persian Gulf War inconclusive to date, but more than 7,000 deaths to date

This is why it’s widely agreed: ‘War is hell!’ It’s also why some recall the sobering but true words of author George Orwell, “People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf!”

Had occasion to speak before a group of veterans last night at Warriors Hope 15th anniversary celebration. I shared how, on Christmas Eve 2005, I met a woman manager – my age, in a local pharmacy. And how she told me she marched in Vietnam protest marches at a nearby university and believed tales of us (combatants) being baby killers and worse! Nothing changed her mind for 40 years – until her son joined the U.S. Air Force. When she saw him graduate from basic training, she was convicted of her misplaced hatred, and decided to find a veteran – not to ‘thank him’, but ask forgiveness for what she did all those years ago! As three short sentences, in the ‘Making Amends’ short story I later wrote, say: “We talked. I cried. She atoned.” And, “I reflected on fallen friends who’d never hear these words but through me.”

I try not to think along these lines often. But when I do, I always walk away from the experience reminded of sentiments I’ve lived with for 52 – years, since last in combat; those being, I’m proud to be an American and having served my country. Very grateful to be alive and healthy. And how I now enjoy my family into the fourth generation. But God forbid I forget my friends who did not make it back to live out their lives like me.

Much the same can be said as we recall lives lost 20 years ago on 9/11/2001 or ‘911’. Did you realize? Children in school today, from kindergarten through 12th grade, were not alive on that tragic, historic day?

George Allen
EducateMHC

HOUSE PRICES RISE 17.4 PERCENT

Thursday, September 2nd, 2021

Blog Posting # 654 @ 3 September 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (88) MFD-HSNG or 633-4764. Also email: gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U! Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. @ 1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION: Yes, another potpourri of housing-related information and statistics. Enjoy!

I.

HOUSE PRICES RISE 17.4 PERCENT
Yes, you read that right! Quoting from the Federal Housing Finance Agency’s (‘FHFA’) August 31st Press Release: “U.S. House Prices Rise 17.4 Percent over the Last Year; Up 4.9 Percent from the First Quarter.”

And a few Significant Findings, in the same Press Release:

• House prices have risen for 40 consecutive quarters, or since September 2011.

• House prices rose in all 50 states and the District of Columbia between the second quarters of 2020 and 2021. Five states with highest annual appreciation rates? Idaho, Utah, Arizona, Montana, and Rhode Island (All in excess of 25 percent!)

• House prices rose in all the top 100 largest metropolitan areas over the last four quarters.

So, if that isn’t dismal enough news for those of us in the housing arena, what the Department of Energy (‘DOE’) is proposing to do to manufactured housing, with its’ new energy mandate standards, is ‘over the top’. How so? Read on….

II.

$7,958.00 PRICE INCREASE TO SINGLESECTION MANUFACTURED HOMES

Yes, once again, you read that right! Quoting from the Manufactured Housing Association for Regulatory Reform’s (‘MHARR’) August 30th Press Release: “…proposed DOE (‘Department of Energy’) standards would impose extreme and costly new energy mandates on manufactured homes…without input from the HUD-Code manufactured housing industry….” Just how bad would these price increases be? Well the above title leads the assault, followed by these additional estimates of price increases:

• “The 2021 IECC standards would result in a minimum $12,908.00 retail level structural price increase for a double-section (sic) ‘multisection’ manufactured home.”

• “Cost increases of this magnitude would exclude 6,816,883 (prospective homebuyer) households from the manufactured housing market, based on NAHB metrics developed in connection with DOE’s 2016 proposed energy standards rule for manufactured housing”

• These figures do not include additional costs for testing, enforcement, and regulatory compliance….

If you truly care about the present and future of HUD-Code manufactured housing, and its’ land lease community sector, then you’ll be present if/when given the opportunity to participate in public hearing(s) about ‘proposed DOE standards’ and their probable consequences to our ability to deliver affordable housing to this nation’s would be homebuyers!

III.

THE QUESTION ON EVERYONE’S MIND:

HUD-Code housing manufacturers having a profitable year or do they continue to suffer financial loss due to raw material price increases, OEM inventory issues, and transportation costs?

On one hand, Wall Street analyst reporting paints a generally rosy picture of manufactured housing profitability.*1 Yet communiques from some of these same firms (Think the Big 3-C companies) paint a dismal state of business affairs, e.g. “…we have concerns (as to) viability to continue to maintain price protection.” (&) “This is resulting in the production of hundreds of units at significant losses.”

Who and what to believe?

Your input on this confusing but important matter? Gfa7156@aol.com

End Note.

1. For examples of said stock market performance among HUD-Code manufacturers and land lease community real estate investment trusts (‘REITs’), read the monthly ‘Manufactured Housing Production & Stock Market Report’ that’s an integral part of every issue of The Allen Confidential newsletter. Visit www.educatemhc.com

IV.

HOW ‘BOUT A BREATH OF FRESH AIR?

Federal Housing Finance Agency (‘FHFA’) will, on 14 September 2021, host a Public Listening Session about ‘Using Accessory Dwelling Units (‘ADUs’) to Increase Housing Supply.’ This session will occur between 1 & 4PM EDT. Contact FHFA directly for more information.

FHFA goes on to say it “…is interested in learning more about the potential of accessory dwelling units (‘ADU’) to address housing supply and affordability challenges in communities across the U.S., including how FHFA and its’ regulated entities, Fannie Mae & Freddie Mac could support this housing type.”

A few personal observations about this emerging ADU matter:

First, I’m encouraged to hear a federal agency declare ADUs are indeed a ‘housing type’.

Second; Use of Tiny Houses (in my opinion, a type of ADU) are already approved for siting on larger building sites, in California, on which already sit larger stick-built or manufactured homes.

Third. In my opinion, ADUs (whether they be Tiny Houses or customized sheds with built-in sanitary facilities and kitchens), when allowed by local housing authorities, make for ideal siting on functionally obsolete rental homesites in land lease communities.

I plan to sit in, and possibly comment, during this Listening Session. How ‘bout you?

George Allen, CPM, MHM c/o EducateMHC

COST-BURDENED RENTERS

Friday, August 27th, 2021

Blog Posting # 653 @ 27 August 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINES: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aaol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U! Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. # 1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION: This week’s blog is truly a potpourri of real estate, government, REITs, property management, and resource topics. I hope you enjoy and learn from them!

I.

COST-BURDENED RENTERS

This from latest Harvard Joint Center for Housing Studies (‘JCHS’) report: “Housing affordability has been a challenge for the lo9west-income renters since pre-pandemic. According to the report, more than 80 percent of renters earning less than $25,000 were cost burdened – spending more than 30 percent of their income on housing costs – in 2019; and the majority spent over half their income on housing.” Affordable Housing Finance magazine.

II.

BET YOU DIDN’T KNOW THIS…
“The U.S. government is about to wage war against a new, booming class of cryptocurrency called STABLECOINS.” These are what governments fear and will fiercely fight.

“…stablecoins are tethered to real assets, such as the dollar or gold…meaning they can easily be used for everyday commercial transactions as well as long-term contracts.”*1

“…stablecoins cut out the middlemen. For instance, credit card transactions typically cost merchants 2 percent to 3 percent in fees. With stablecoins, those fees will go out the window.”

“Regulators are waking up to the fact that stablecoins threaten not only existing payment systems but also, and more fundamentally, the very monopoly that governments have on issuing currency. Governments want no challenges to that monopoly.”

End Note. #1. All quotes from ‘Why Washington Detests This Cryptocurrency’ column in August/September issue of FORBES magazine, page #15.

III.

LLCOMMUNITY REITS #3 OUT OF 13!

According to HOYA Capital’s ‘REIT Same-Store NOI Growth by Property Sector, the misnomered Manufactured Housing REIT ranks # 3 (out of 13 sectors) in performance at 18 percent; only behind Shopping Centers (not malls) & Self-Storage sectors.*1

If interested in following our real estate asset class REIT performance, month to month, do so via The Allen Confidential newsletter, which contains the Official MH Shipment & Stock Market Reports (i.e. five REITs & four publicly-traded HUD-Code housing manufacturers). Visit www.educatemhc.com

End Note. #1. Misnomer because ‘manufactured housing’ describes the producers of this type factory-built housing; whereas land lease community REIT – or alternatively, manufactured housing REITs, are appropriate monikers for the unique, income-producing property type.

IV.

CONTROL YOUR DESTINY AS A PM!

Are you an on-site property manager (‘PM’) or regional property manager of one or more land lease communities? Are you trained and certified as a PM? If you just answered ‘Yes’ and ‘No’ to those two questions, here’s an opportunity for you to control your destiny as a professional property manager!

How so? Best way is to identify friends planning to attend the LouisvilleMHShow, 19-21 January 2022; or even a group of PMs from your property portfolio, then reach out to the instructors of the Manufactured Housing Manager (‘MHM’) program via email: educatemhc@gmail.com – expressing your interest in participating in the one day ‘no test’ program.

Nearly 1,500 land lease community owners/operators and property managers are already MHMs in the U.S. and throughout Canada. It is by far, the most popular training and certification program for this real estate asset class. Now is the time to act! Start the ball rolling today.

V.

HERE’S HOW TO ORDER MY BOOK!

If you attended the final Networking Roundtable & Retirement Celebration on 12 August in Nashville, TN., you received, among other special gifts, a copy of FROM SMITTYALPHA6 TO MHMAVEN, the 200 pages autobiography I authored during last year’s pandemic.

This tome describes my Adventures of a Lifetime, from childhood thru college to the jungles of Vietnam. And how, along the way, Carolyn and I met, raised a family, and started GFA Management, Inc., dba PMN Publishing, to serve manufactured housing & land lease community owners/operators from 1980 thru this year. Plenty of photographs too.

To order, visit www.educatemhc.com and insert the book title into the SEARCH block. You’ll be glad you did. The initial print run was 250 copies, and already 2/3rds are in the hands of readers.

***
George Allen, CPM, MHM
EducateMHC

NO ONE ELSE WILL ASK YOU THIS…

Thursday, August 19th, 2021

Blog Posting # 652 @ 20 August 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U! Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. @ 1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION:

I.

NO ONE ELSE WILL ASK YOU THIS…

Did you attend the RV/MH Hall of Fame Banquet, on 16 August, honoring the combined classes of 2020 and 2021 inductees? If so, you were part of an attendance record-setting event (More than 640 guests), first time honoring of military veterans in the audience, and several heart-stirring acceptance speeches by inductees or family members. And the food was great as well.

But that wasn’t all you missed. Most event guests made it a point to take a walking tour of the huge, recently-completed manufactured housing exhibit hall; something many of us have awaited for decades! A few even made it upstairs to the reorganized, spruced-up library, where the industry and asset class library of George Allen, and his writings, are now on public display.

But a lesser known event occurred Monday afternoon, when second generation Hall of Fame member Jim Scoular met with several other industry/asset class executives. Purpose of the meeting? To share ideas on how to best organize displays and furnish the exhibit hall with examples of mobile and manufactured housing, and land lease community memorabilia. I’d like to share some of the ideas expressed, but it’d be premature to do so. But it does bring us to THE QUESTION: ‘How do you think the museum hall should be configured to demonstrate history and progress of our type factory-built housing and varieties of community lifestyle? Address your remarks to me via gfa7156@aol.com I’ll collect them to pass onto the committee chairman and members.

I can tell you this much though; all segments of the manufactured housing industry will, in some fashion, be represented. Some examples:

Manufactured housing exhibits will likely include a covered wagon, 9, 10, 12, & 14’ wide singlesection units, a new singlesection 16X80, and mulitsection 28X48. Also, outdoors, a modular home – maybe equipped as a Smart House. Also interactive displays, perhaps showing HUD-Code houses being fabricated in plants and transported to building sites.

Land lease communities? What type lifestyle to display? Smaller ‘starter’ homes characteristic of young families, or larger multisection homes often found in all-adult or retirement communities in and out of Sunbelt regions? One idea would be to showcase a new community, highlighting its’ new development and completed phases with a video, photos, and layout.

Suppliers, lenders, transporters, insurers, installers, and other segments of the industry will be included in the displays.

One aspect of the planning meeting ‘conversation’ had to do with trade terminology; i.e. ‘What to use when describing industry segments in the new exhibit hall?

Manufactured housing and homes has been in place since 1976, and likely will not change here, though the terms intermediate & affordable housing pop up from time to time. Your opinion?

Trailer & mobile home parks; manufactured housing & home communities; land lease & lifestyle communities. What term should be used in this new museum setting?

And then there’re the folk who market and sell manufactured housing? You comfortable with ‘dealer’, or prefer to use the contemporary term, ‘independent (street) MHRetailer’?

So, there you have it. Some thoughts in play relative to the new manufactured housing exhibit hall at the RV/MH Hall of Fame in Elkhart, IN. Make your thoughts known via gfa7156@aol.com
No guarantee though, that your suggestions will prevail.

II.

THANKS TO ALL!

Last week’s blog posting featured my ‘good-bye talk’ presented at the final Networking Roundtable & Retirement Celebration, on 12 August, in Nashville, TN. Well, that gala event (i.e. First national manufactured housing-related public event in 1 ½ years!) went off without a hitch. Close to 150 registered, but 20 or so fewer attended, mainly due to testing positive for covid, flight cancelations, etc..

A dozen vendors of products and services germane to land lease community operations featured wares and abilities during the first half the day. Then Scott Roberts of Roberts Communities kept the audience on the edge of their seats with his audio-visual supported description of land lease communities he’s been developing and enlarging during the past few years.

Following a group photograph of everyone present, and a cocktail party sponsored by Skyline-Champion, everyone enjoyed (especially me) a retirement celebration dinner. The highlight there was the presentation of a large shadow box crafted by Travis McCarty, my grandson, for the occasion. It featured the corporate logos of all the sponsoring firms, along with a dozen or so individuals who contributed to the legacy occasion.

Everyone present at the event received a copy of FROM SMITTYALPHA6 TO MHMAVEN, the autobiography I authored during the pandemic. It was ‘hot off the press’ just before the Networking Roundtable began. Copies will be mailed to individuals registered to attend, but unable to do so. Additional copies are available for $39.95 plus shipping & handling, via www.educatemhc.com or phone me via (317) 881-3815

So, many Thanks to everyone who made this rare event possible, especially my business partners, Susan McCarty, MHM, and Erin Smith, MHM, of EducateMHC. Carolyn and I especially enjoyed the less stressful time for us, planning and hosting this 30th and final Networking Roundtable!

George Allen, CPM, MHM

WHAT YOU MISSED!

Friday, August 13th, 2021

Blog Posting # 651 @ 13 August 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U!’ Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. # 1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION: ‘What You Missed’ at the final Networking Roundtable & Retirement Celebration; ‘What to Expect In Days Ahead’; and, White Supremacy – a description, are three informative and thought-provoking topics for you in this week’s blog posting. Enjoy!

I.

WHAT YOU MISSED!

Well, I can’t tell you everything you missed, because I’m penning this week’s blog before the final Networking Roundtable & Retirement Celebration begins. But there are two things I know for sure (assuming we all make it to Nashville, TN. Intact on the 12th of August. Ha!):

The first is that everyone in attendance received a copy of my autobiography, released just this week! It’s titled ‘From SmittyAlpha6 to MHMaven’. The two hundred page book shares My Adventure of a Lifetime, from childhood, through romance with Carolyn, to a 13 month combat tour in Vietnam, into and through a 50 year business career. Chock full, too, of interesting photographs, of family, locations, and in two instances – examples of the destructive capability of the soccer ball-sized Atomic Demolitions Munition (‘ADM’) I was trained to carry into North Vietnam.

The other certainty is the ‘kinda farewell’ talk I shared during the evening banquet, where more than a half dozen RV/MH Hall of Fame members wore their bright green blazers. Titled, ‘Its’ Been A Very Good Run…’ it follows here:

IT’S BEEN A VERY GOOD RUN…

Last time I gave an impromptu ‘Good-bye talk’ was to my lumberyard outdoor truck loading crew at Ridge Homes in Conshohocken, PA., more than 50 years ago.

20 or so guys escorted me into our tool shed, where a case of beer and soul food waited. Soul food that had been heating all day while sitting atop fork lift engine blocks.

My remarks were brief as I was uncomfortable, as boss, having a case of beer on company property at quitting time. But boy was that soul food ever good!

Central to my remarks was the observation that, as their leader, I’d never had to severely discipline, or even get into an overt verbal or physical altercation with anyone on my crew.

Everyone laughed. I was perplexed and asked, why? The shop steward responded: “Hell Allen, given your rep and the blade you carry, no one’s gonna mess with you!”

Well, we all carried large jack knives in holsters on our belts, to cut the many ropes we used to secure truck loads. But this ‘rep’ (‘reputation’) thing made no sense to me.

So I asked, “What rep?” to which the steward said, “Frankie told us how he saw you ‘off’ (‘kill’) a gook with a bayonet in Vietnam, so no one’s gonna mess with you! You’re blooded!”

Well, the story wasn’t true, but Frankie had created it to bolster his rep, by association, so I didn’t say anything. Read the whole story, ‘Got Rep?’ in ‘From SmittyAlpha6 to MHMaven’.

What’s unique about tonight’s Good-bye’? Well, 150 friends, business associates and family members are here, and I have something to say to each one!

Let’s begin with me telling you how it’s been a ‘very good run in manufactured housing and land lease communities’ these past 40+ years!

Most of you don’t know I started off, in 1970, in factory-bu8ilt housing fabrication, as a wall panel and roof truss plants, and mill shop supervisor in Southport, IN.

And my first taste of property management didn’t come until 1978, when I oversaw six garden style apartment communities located throughout Indiana.

My boss, at year end, reassigned me from the apartment portfolio to four large and ailing ‘trailer parks’, three in Indianapolis and one outside Louisville, KY.

I was not at all pleased and thought about quitting! But gave myself 30 days to do a major attitude change or look for a new job. It only took a week for me to realize:

If I could learn the ‘mobile home’ business as well as I did apartments (there were no books or training back then), maybe there’d be a career opportunity – to create those resources!

Two years later, after turning those four communities around, they were sold. I briefly went with the new firm. Read ‘An Adventure to Die For’ in aforementioned book and in SWAN SONG.

In 1980, Carolyn and I founded GFA Management, Inc., to fee manage, as Carolyn was known to say, ‘Anything that didn’t move!’ – apartments, houses, shopping centers, MHCommunities.

In 1982 we bought our first of two land lease communities. And since then, I’ve also realized my goal of creating property management resources I didn’t have all those years ago.

Now it’s time to bow out. We sold our last community to Susan and Erin, and they now handle most of what our PMN Publishing did in the past, via EducateMHC.

Going forward, I plan to continue blogging, writing for MHInsider magazine, and occasionally traveling to Cape May, NJ, with Spencer Roane, to drink beer, feast on raw oysters, and visit my younger brother Mark.

In the meantime, Carolyn and I are proud parents of Susan and Adam – and their spouses Drew & Kim, six grandchildren, and three great grandchildren. So there’s plenty there to keep me/us busy and happy for years to come.

In closing, I like what Alan Jackson sings in his album ‘Good Time’, describing the life of a small town southern man: “He bowed his knee to Jesus and stood for Uncle Sam” & “ His greatest contribution will be the ones he leaves behind.” Now that’s the way I want to go out!

Postscript.

I have received many letters, cards, and a gift or two (e.g. large bottle of Don Perignon champagne) these past few weeks, from well-wishers throughout the U.S. Two of my local ‘friends in the MHBusiness’ have taken me out to lunch, where we talked for hours about individuals we’ve known over the decades. And now, we’re here, doing the same thing! So much to be grateful for tonight; so, a sincere Thanks to all!

II.

WHAT TO EXPECT IN DAYS AHEAD…

You’ll want to read the next several – and final, issues of The Allen Confidential business newsletter! Why?

Well, in the September issue I plan to share my reformatted State of the Manufactured Housing Industry & Land Lease Community Realty Asset Class’ – now an overview of the ‘Past, Present, & Future Statistics & Trends Among Land Lease Communities in the U.S.! Preparing this was a stiff challenge for me, as to what to include and what to omit. My hope is that some of you, hearing it on 12 August, and reading about it in September, will save the message and refer to it from time to time during the months, even years, ahead.

And I plan to share my notes – or those of Scott Roberts, relative to his keynote presentation on the ‘Development of Raw Land into Land Lease (& RV) Communities’ – and Lessons Learned in the process. That too should be a Keeper for many land lease community owners/operators!

Finally, I plan to share The 30 Year Networking Roundtable Legacy’ that was distributed during the final Networking Roundtable & Retirement Celebration, as a handout or takeaway.

So, at least three Good Reasons to be sure to read the September issue of The Allen Confidential!

And what will we do in the October issue of the newsletter? I’m working on that already. Using our industry’s dozen known Evergreen (i.e. always relevant, always present) Issues as a baseline, I plan to communicate ‘My Thoughts Regarding the Future of Manufactured Housing & Land Lease Communities!’ – pulling no punches along the way. What does that mean? It means, in so far as possible, I’ll be skewering sacred cows, exposing trade secrets, and ‘telling it like it is’, where this industry and realty asset class are concerned. Not an easy challenge for me. As you likely know, I have little respect for the yellow journalism that’s been an undercurrent staple for more than a decade. I won’t stoop to ‘calling names’, exaggerating claims, and avoiding conspiracy theorizing. It will be up to you, upon reading that issue of The Allen Confidential, to secede whether I accomplish this end – giving you a practical template for years to come.

If you’re not a subscriber to the newsletter, reach out to Erin Smith, MHM, of EducateMHC and inquire as to how to obtain copies through the end of year 2021. Erin.smith@spotlight-strategies.com

III.

WHITE SPREMACY

Talk about ‘changing gears’ in conversation; here’s a rather extreme example to ponder.

Has anyone accused you of ‘white supremacy’ of late? Well, I found myself wondering what that as all about, until I read an ebook titled CRITICAL RACE THEORY by Dr. James Lindsay.

In it, he makes these statements: “…things like ‘getting the right answer in math class is an aspect of white supremacy culture’, and ‘believing that math can be done in an individualist sense rather than as a collectivist sense is white supremacy culture.’ Furthermore, “things like loyalty, punctuality, hard work, and achievement by your merits – these are all considered aspects of shite supremacy culture, according to Critical Race theory.”

Lindsay goes on to say, “this is not just a theory, it’s not even just a movement, it is a way of thinking about the world” – in essence a worldview.

***

George Allen, CPM, MHM
EducateMHC

WHAT YOU’RE ABOUT TO MISS…

Friday, August 6th, 2021

Blog Posting # 650 @ 6 August 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WWE Serve U! Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. #1 source of affordable attainable housing! Attend MHM class!

INTRODUCTIOND: When will the manufactured housing industry FINALLY get together and meet face-to-face? Weill the very first such opportunity occurs 12 August 2021. Read about…

WHAT YOU’RE ABOUT TO MISS…

If not present at the final Networking Roundtable & Retirement Celebration on 12 August 2021 at the downtown Hilton Hotel in Nashville, TN.

From 10AM until 1PM, there’ll be a dozen or more vendors of products and services of interest to land lease community owners/operators, displaying their wares and explaining their unique offerings. When was the last time you got to do that? At the Louisville MHShow during January of 2020, more than 1 ½ years ago! This opportunity is well worth the trip to Nashville!

When the Networking Roundtable begins at 1PM, I’ll be Welcoming everyone to the 30th anniversary of this manufactured housing and communities event! Part of the Welcome is the Pledge of Allegiance to the American Flag. Why? Several reasons, but mainly it’s been a tradition, started when the 9/11 Roundtable was postponed in 2001, and has become our industry’s way of showing patriotic support of our great nation! Then, everyone in the main seminar room gets an opportunity to introduce themselves to the large audience – what a great way to begin one’s interpersonal networking at this event! And, in the Directory you receive while checking-in, mark the names of individuals you want to meet as they introduce themselves.

During the next hour I’ll be sharing what’s widely known as my take on the ‘State of the Manufactured Housing Industry & Land Lease Community Real Estate Asset Class’. Two things: this is a unique presentation, as it covers both major segments of our industry, home manufacturing statistics and trends, as well as community statistics and trends. No one else does this today! Second; this year’s presentation will be unlike any other I’ve delivered to date. How? What I decided to do was identify and expound on eight highly significant improvements, trends, and happenstances (‘fortuitous circumstances’) that have occurred during the past 50 years. And these are? Well, you need to be in the roundtable audience to learn them firsthand!

The keynote address will be Scott Roberts sharing his experiences and Lessons Learned while developing raw land into land lease (&RV) communities throughout the U.S.. Unlike others who ‘talk about land development’ on podcasts, etc., these days, Scott is hands-on and actually putting pipes in the ground and filling vacant rental homesites with new manufactured homes! If land development is in your future as a business venture, then you need to be present to hear this knowledge firsthand.

It’s no big secret, the International Networking Roundtable phenomenon Carolyn and I launched way back in the early 1990s, is – with this event in Nashville, TN. – coming to an end. So, I’ve written a ’30 Year Networking Roundtable Legacy’ history that’ll be distributed to all attendees when they arrive on the 12th. Plus, there’s an additional surprise gift for everyone in attendance. Care to guess what it is?

Next on the agenda is a Fireside Chat type audience participation conversation and discussion of any topic(s) desired. During recent networking roundtables this time of open expression has proven to be very popular and productive. No topic is off limits. Everyone knows our industry and asset class has at least a dozen Evergreen (i.e. ‘always present’) issues ready for debate and brainstorming. This ‘hour or so’ is your opportunity to so engage!

When we clear the seminar room at 5PM (to ready it for the evening banquet), we’ll attempt the usual annual photograph of everyone present. Then enjoy an hour or so of cocktails together. At the banquet that evening, it’s been requested all RV/MH Hall of Fame members present (know of at least six registered so far), wear their bright green RV/MH Hall of Fame blazers – to show support of the sole entity entrusted with the perpetuation of our industry and asset class legacies! Sometime during the evening I’ll share some parting thoughts on my pending retirement; titled, ‘It’s Been A Very Good Run’.

Friday morning(8/13) at 8AM, another roundtable tradition (also started post 9/11), an informal prayer meeting will be held in a private meeting room. Usually, a dozen or more folk participate in this opportunity to pray for the leaders of our nation and our military at home and abroad. Everyone is welcome to attend and participate.

So, that’s ‘What You’re About to Miss’ if not at the final Networking Roundtable & Retirement Celebration on 12 August at the downtown Hilton Hotel in Nashville, TN. Still not too late to register; visit www.educatemhc.com or phone Erin Smith, MHM via (317) 738-3434.

George Allen, CPM, MHM
EducateMHC

The Community Owner’s Lament

Thursday, July 29th, 2021

Blog Posting # 649 @ 30 July 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing.’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U! Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. #1 source of affordable attainable housing! Attend MHM class!

INTRODUCTION: OK, hold onto your seats. This will be a whirlwind trip through today’s ‘community owners’ lament’; possible consequence of CONSOLIDATION; some findings from the JCHS @ Harvard; and finally, a reminder to register to attend the final Networking Roundtable & Retirement Celebration.

I.

The Community Owner’s Lament

“20 – 25 percent price increases in one year; delivery dates a year out; price increases between order and delivery; and two plus months wait to address warranty issues. It isn’t fun being in the manufactured housing sales business anymore!”

It pains me to read email messages like this. They’re generally from land lease community owner/operator friends who only got into the manufactured housing sales business because so many independent (street) MHRetailers were going out of business due to lack of easy access to chattel capital.

So, where do we go from here? That’s a pretty complicated question. So many considerations. Pricing and availability of lumber, and other OEM products. Whether large property portfolio owners/operators have more purchase power with HUD-Code housing manufacturers, than small one or two property owners. Availability, or not, of personal property finance, a.k.a. home-only loans or chattel capital. Lack of meaningful support from the FHFA and two GSEs, Fannie Mae & Freddie Mac.

And, you know what else is complicating this entire Evergreen Issue (i.e. ever present)? Read Part II following here….

II.

CONSOLIDATION CONTINUES…

Do you know, or have you read the following news headline this past week?

‘CAVCO INDUSTRIES ANNOUNCES PLANNED ACQUISITION OF MANUFACTURED AND MODULAR HOME BUILDER, THE COMMODORE CORPORAATION’

Well, that’s all fine and good. Two well known, longtime ‘players’ in the HUD-Code manufactured housing business merging.

BUT, did you pick up on this statement within the first paragraph of the Press Release?

“Commodore is the largest independent builder of manufactured and modular housing in the United States.”

Whoa! Did I just read that the ‘largest independent builder of manufactured housing’ is going out of business (i.e. being absorbed by CAVCO)? Yes, I sure did. And what does that mean?

To begin with, it means the 70+ market share commanded by the Big Three C firms: Clayton Homes, Cavco Industries, and Champion Home Builders grows LARGER while the market share of independent builders grows SMALLER!

So, where does CONSOLIDATION end? When the Big Three C firms command 90 – 95 percent of the national manufactured housing production market?

Here’s the pithy question for you. Do you see the day to day pricing, delivery, and warranty issues cited in Part I above, ameliorating or getting worse?

Know what? A similar case can be made about the CONSOLIDATION of thousands of sole proprietor developed and owned land lease communities being absorbed by the 500+/- known portfolio owners/operators present today.

III.

MAJOR FINDINGS IN THE 2021 STATE OF THE NATION’S HOUSING REPORT

The following information was published recently by the Joint Center for Housing Studies at Harvard University. And what were those major finding?

1. Inventories of Homes for Sale Fell to a Record Low in Early 2021

2. With Inventories at Record Lows, High Homebuyer Demand is Pushing Up Home Prices Rapidly.

3. Rents in Several High-Cost Markets Were Down Substantially as of Early 2021

4. Households of Color and Renters Are More Likely to Have Fallen Behind on Monthly Housing Payments.

5. The Number of People Experiencing Unsheltered Homelessness Climbed Again in 2021

I offered this information without comment, to let you reflect on your own. The key question, in my opinion, is how do one or more of these observations affect manufactured housing shipments and land lease community operations?

IV.

REMINDER

If you haven’t already registered to attend the upcoming final Networking Roundtable & Retirement Celebration, 12 August 2021, at the downtown Hilton Hotel in Nashville, TN., do so very soon via www.educatemhc.com

Scott Roberts will be sharing proprietary information as to his firm’s ‘development of raw land into land lease communities and the expansion of existing properties’. If you don’t already know this, raw land development in this fashion is the reemerging trend afoot in HUD-Code housing today! Don Westphal, landscape consultant, will be present, as will be real estate-secured mortgage originators active in this business model.

And, thinking back over Parts I, II, & III of this blog posting; ask yourself: ‘Where else can I go in the manufactured housing industry and find receptive ears, and opportunity to communicate, about these and other timely and impactful issues? Answer? There is no other opportunity except for the annual Networking Roundtable. So be there to participate! GFA

George Allen, CPM, MHM EducateMHC

REST OF THE (LISTENING SESSION) STORY

Friday, July 23rd, 2021

Blog Posting # 648 @ 23 July 2021: EducateMHC

Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks, comprise the real estate component of manufactured housing.’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U Support US & WE Serve U! Goal: to promote HUD-Code manufactured housing & land lease communities as U.S. #1 source of affordable attainable housing! Attend MHM Class!

INTRODUCTION: OK, as promised, here’s ‘the rest of the story’ relative to last week’s virtual Listening Session hosted by the FHFA and GSEs. These observations are from my notes, not recordings; so, if any errors, I apologize beforehand – and please let me know! Also, there’s soon to be a new manufactured housing and land lease community-related book available, initially at the upcoming final Networking Roundtable & Retirement Celebration on 12 August in Nashville, TN. PLUS, if you haven’t already done so, plan to be present at the RV/MH Hall of Fame Induction Banquet on 16 August 2021 at the RV/MH Hall of Fame facility in Elkhart, IN.

I.

REST OF THE (LISTENING SESSION) STORY

First a summary of some, but not all, that was presented by participants in the recent virtual Listening Session. Then, in my opinion, the ‘ bottom line’ of the entire experience – from manufactured housing and land lease community $ perspectives.

As I mentioned in last week’s blog posting (#647), Dr. Esther Sullivan of the University of Colorado, and author of Manufactured Insecurity, led off with an impassioned activist plea, among other things, for an end to the predatory (my word, not hers) property management practices of land lease community portfolio firms like Havenpark Capital. Fortunately – and thanks to the revelation of such offenses at the previous Listening Session, GSEs no longer guarantee real estate-secured mortgages for this property type unless tenant lease protections are in place.

Grant Beck of Next Step Network was the first to specifically state that Duty to Serve (‘DTS’) 2022-2024 plans, as they put forth today are woefully inadequate, and encouraged new leadership at FHFA to reverse course and create a better, supportive climate going forward.

Bruce Thelen, head of operations at REIT, Sun Communities, Inc., in my opinion, delivered one of the best statements of the day. He described the lack of new HUD-Code home inventory; lack of new land lease community development; asked for more support for local housing market land use and zoning for affordable housing; and, for more attention to be paid to low income individuals.

Nick Bertino, from Wells Fargo Multifamily Commercial Group, focused on the new lease protections (a.k.a. tenant protections), pointing out practical problems relative to getting lease addendums signed, leases audited. Suggested certified mail as a means of serving notice to homeowners/site lessees about these important matters.

Todd Kopstein, CFO of Cascade Financial was the first to make heartfelt and practical arguments in behalf of getting chattel financing for home-only loans, especially those sited in land lease communities. Also encouraged GSEs to start sharing their research info with finance firms.

Adam Rust of the National Community Reinvestment Coalition, was the first of several speakers to ‘carry coals to New Castle’ relative to encouraging more support for facilitating the purchase and financing of resident-owned communities or ROCs.

Mark Weiss of the Manufactured Housing Association for Regulatory Reform (‘MHARR’) described what his advocacy group views as ‘unfulfilled promises’ to U.S. consumers relative to GSEs Duty to Serve (‘DTS’) plans for 2022-2024. Strongly encouraged the FHFA to reject both GSEs DTS plans as they exist today.

Doug Ryan of Prosperity Now pretty much summarized what had been said before his presentation; that new DTS plans do not go far enough in serving would be homebuyers, and that there’s much more need for home-only (chattel capital) finance.

Paul Baretto of LearnMH encouraged FHFA to stop GSE’s discrimination against single section manufactured homes; commented on manufactured housing valuation, appraisals, and local housing market regulations; and, encouraged GSEs to consult on how to encourage more chattel capital. Paul’s off the cuff remark about a ‘new HUD-Code coming out this week’ stunned everyone. Turns out he was talking about recent HUD-Code updates relative to attached or ‘zero lot line’ manufactured home placement – not a major change to ‘the code’.

Jennifer Hopkins of the New Hampshire Community Loan Fund parroted the need to stop discrimination against singlesection manufactured homes by the GSEs, and described her organizations ongoing support of ROCs. By now, given the widespread vocal support of ROCs, it was surprising that ROC USA was not represented at this Listening Session.

Rachel Siegel, researcher for The Pew Charitable Trusts made some challenging remarks relative to manufactured housing titling (‘should be real estate-secured type & no personal property titling’); need for more home-only loan financing; again, tacit support for ROCs; and, need for even more tenant (lease) protections than exist now.

Dr. Lesli Gooch, Manufactured Housing Institute. While there were chattel capital goals in previous DTS plans, there are no purchases anticipated this time around! The GSEs are headed in wrong direction. GSEs must commit and act in favor of personal property financing, especially relative to creation of a secondary market for chattel capital.

A written statement by Tony Kovach was read by a Listening Session staffer. It cited the affordable housing crisis in the U.S. at this time, and how manufactured housing is the most affordable type shelter available today, and how he considers the CrossMod™ home to be ‘seductive’. At that point he went on a rant (my choice of word) lambasting three of the most well known and respected executives in the manufactured housing industry.

The $ bottom line? In MHARR’s presentation, and at least one other, a May 2021 report by the Consumer Financial Protection Bureau (‘CFPB’) was cited as to how GSEs ‘continuing failure and refusal to serve the manufactured home personal property market – harming – “Hispanic, white, black and African-American, and American Indian and Alaska Native borrowers who make up larger shares of chattel loan borrowers than among site-built loan borrowers.’ This directly conflicts with the fundamental policies of the Biden Administration, as set forth in Executive Order 13985 (January 20, 2021). “Affirmatively advancing equity, civil rights, racial justice and equal opportunity are the responsibility of the whole of government. Because advancing equity requires a systematic approach to embedding fairness in decision-making processes, executive departments and agencies must recognize and work to redress inequities in their policies and programs that serve as barriers to equal opportunity.’ So, at this point in time, the GSE’s DTS plans for 2022-2024 are a failure relative to this administration’s standards!

Is anyone out there in the Biden Administration paying attention to what’s ‘not happening’ in the GSEs 2022-2024 Duty to Serve (‘DTS’) plans being reviewed by the FHFA? If so, what’s next?

II.

‘From SmittyAlpha6 to MHMaven’

This is the title to George Allen’s ‘Adventures of a Lifetime’ autobiography. The book was a major work project during Carolyn and my 400 consecutive days of self-quarantine in our home during 2020.

First, an explanation of the title: ‘SmittyAlpha6’ was my radio call sign while commanding officer of Company C., 3rd Shore Party Battalion, 3rd MARDIV, in Vietnam during 1968 & 69. ‘MHMaven’ is an Allenism abbreviation for Manufactured Housing Maven, coined in 2008.

Quoting the back cover of the book. This “…is the story of how childhood adventures, college years, a 13 month combat tour in RVN as a Marine officer, and working as a business manager for several companies, prepared him for the 40 year career to follow. In 1980, Carolyn and George launched GFA Management, Inc., to fee manage investment real estate for others and themselves. Soon thereafter they self-published George’s first book, followed by a dozen more over the years, and engaged in freelance consulting in the manufactured housing industry and among land lease community owners/operators throughout the U.S. and Canada.”

“Were there unusual and exciting adventures along the way? For sure, mostly military!

Trained as an Atomic Demolition Munitions (‘ADM’) technician to fly alone into North Vietnam
Disarmed a shaped-charge demolition after fuse burned into blasting cap & didn’t detonate
Rigged & helo-lifted two Russian field guns from the Ho Chi Minh Trail, to Dong Ha & the U.S.
Led fully-armed Marine infantry squad into a flooded U.S. city, to restore peace and order
Engaged in many overt and sensitive covert consulting assignments for property owners.”

And there’s more, much more, to this life story and the Lessons Learned while living it.”

The book will not be available for purchase ($39.95 + S&H) until after the final Networking Roundtable and Retirement Celebration, occurring on 12 August 2021, at the downtown Hilton Hotel in Nashville, TN. For more information on that event – and the book, when available for purchase, visit www.educatemhc.com

Need one or more good reasons to attend the seminal event occurring 12 August 2021?

If you agree, ‘the development of raw land into land lease communities’ is the reemerging trend in manufactured housing, then be present to hear Scott Roberts of Roberts Communities describe how his family’s firm has been successfully doing this throughout the U.S.! And, ‘icing on the cake’, so to speak, will be the popular audience interaction ‘Fireside Chat with George Allen’. Why popular (at past Networking Roundtables)? Because this is the ONLY national forum, anywhere in the manufactured housing industry and among land lease community owners/operators, where ‘any topic, issue or matter is fair game’ for the audience and the moderator! Again, for more information and to register, visit www.educatemhc.com

III.

RV/MH Hall of Fame Induction Celebration

Where will you be the evening of Monday, 16 August 2021? Hopefully, at the annual RV/MH Hall of Fame Induction Celebration banquet in Elkhart, IN. I know I plan to be present – for what’s expected to be the largest such gathering in the nearly 50 year history of the RV/MH Heritage Foundation. At this point, at least 650 RV & MH aficionados will be present to honor 20 inductees from the combined classes of years 2020 and 2021.

And plan to arrive early that afternoon, for several good reasons:

• Tour the truly inspiring and well-archived RV history exhibit hall
• Tour the new, huge, manufactured housing exhibit hall being readied for this event!
• Tour the refurbished RV/MH library, and see the George Allen Library Exhibit, recently donated to the RV/MH Hall of Fame
• Shop in the eclectic RV/MH store, awash with clothing, mementoes, and books by many RV/MH authors

Who’re the ten manufactured housing inductees this year? 2020 class followed by 2021 class.

• Ken Anderson, MHRetailer and state association executive in AZ
• Keith Casenhiser, of Bessire & Casenhiser, land lease community owners/operator in CA
• Charles Lott, Fleetwood Homes executive from GA
• Debra (Dee) Pizer, MHM, longtime operations manager with ZemanMHC in IL.
• Alan Spencer, MHRetailer, SD

• Steve Adler, land lease community owner/operator of MUREX, in FL
• Burt Dickman (deceased) land lease community developer/owner in IN. &a veteran
• Ron Dunlap, former MH association executive in VA., & a veteran
• George Porter of Manufactured Housing Resources in DE. & a veteran
• Jerry Ruggirello, long time land lease community owner/operator in MI.

That list reads like a veritable (‘true, genuine’) ‘Who’s Who’ among manufactured housing and land lease community executives and pioneers, from ten different states!

While not intentional, there’s an emphasis on military veterans this year, i.e. at least three of ten inductees are military veterans. And I know Spencer Roane, MHM, a 2017 Hall of Fame inductee & USN veteran; and I (USMC vet), will be sitting with George Porter -inductee and USA veteran, at his table with his family, during this stellar RV/MH event!

Now interested in attending? Phone (574) 293-2344 for more information and to purchase banquet tickets.

***

George Allen, CPM, MHM
EducateMHC

FIRST FACE-TO-FACE MFD. HSNG. MEETING IN 1 ½ YEARS!

Thursday, July 15th, 2021

Blog Posting # 647 @ 16 July 2021: EducateMHC
Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’

EducateMHC is the online national advocate, asset class historian, data researcher, education resource & communication media for all land lease communities throughout North America!

To input this blog and or affiliate with EducateMHC, telephone Official MHIndustry HOTLINE: (877) MFD-HSNG or 633-4764. Also email: gfa7156@aol.com & visit www.educatemhc.com

Motto: ‘U support US & WE Serve U! Goal: to promote HUD-code manufactured housing & land lease communities as U.S. # 1 source of affordable attainable housing! Attend MHM Class!

INTRODUCTION: Have you registered to attend the first face-to-face manufactured housing industry meeting in 1 ½ years? Still room for more to attend. Read Part I for details. Do you enjoy solving conundrums? If so, you’ll want to read Part II, following here. How ‘bout WARNINGS? Let me be the first to tell you – in Part III. And finally, Part IV. A ‘tease’ if you will, relative to the proceedings at yesterdays (7/14) virtual Listening Session. Really quite an event.

I.

FIRST FACE-TO-FACE MFD. HSNG. MEETING IN 1 ½ YEARS!

Final Networking Roundtable & Retirement Celebration will be held 12 August 2021 at the downtown Hilton Hotel in Nashville, TN. Keynote presentation by Scott Roberts: ‘Developing Raw Land into Land Lease (& RV) Communities’! This, in my opinion, is the reemerging trend for our realty asset class! One real estate-secured mortgage loan originator, who will be present at this event, recently arranged for $150,000,000. to develop a half dozen new land lease communities in Southwest U.S.! How can you not want to be present, to learn how to get in on this ‘once in two decades’ investment opportunity? Visit www.educatemhc.com for more information & to register, or phone Erin Smith, MHM, via (317) 783-3434.

There’ll also be a Fireside Chat audience participation discussion with George Allen, CPM, MHM, on any and all manufactured housing and land lease community matters and issues. Plus, everyone present gets to publicly introduce themselves to all participants, receive a Directory that’s widely recognized as the most accurate and comprehensive list of industry and asset class businessmen and women available anywhere! And there’s rumor of a special gift for everyone in attendance, making a $20.00 or more donation to the RV/MH Hall of Fame.

And, at the retirement celebration banquet that evening (12 August), all RV/MH Hall of Fame members present, are requested to wear their distinctive Kelly green blazers!

Speaking of the RV/MH Hall of Fame, are you aware the huge new manufactured housing exhibit hall in Elkhart, IN., is close to completion – and will be toured on 16 August 2021, as part of that day’s annual Banquet hosting the Induction of Classes 2020 & 2021 into the prestigious RV/MH Hall of Fame? For more information and banquet tickets, phone (574) 293-2344. Hope to see you there! 10 of our MH & land lease community friends will be honored that night!

II.

A NEW MH CONUNDRUM

Here’s our industry and realty asset class’ newest, and very serious conundrum (i.e. ‘a riddle, a hard question’):

‘If we build the new land lease communities encouraged in Part I of this week’s blog posting, where and from whom will be get new HUD-Code homes to fill vacant rental homesites?’

Some, if not many, housing plants are already scheduling deliveries six months to a year out into the future. And now along comes this business chilling announcement from one of the largest firms:

“Unfortunately, we cannot take any of your orders at this current time. Along with most of the industry, (our firm) has shifted to an allocation system in regards to our order process(ing). Due to the issues with material shortages and a high backlog of orders, we had to take a look at our entire customer list to see the volume each customer has ordered. With the low number of orders your location has placed, we do not have any allocation spots for you to place an order at this current time. Once the market and process normalizes I will team (sic) back to you so you can resume placing orders.” (Lightly edited) GFA)

Now, I don’t know this for certain, but it seems the ‘low number of orders your location has placed’ remark, might well be directed at the single land lease community owner/operator, as opposed to one or another of the 500+/- portfolio property firms with an average of 20+/- communities apiece. If that’s the case, such an announcement could become a death knell to small business owners active in the industry, including smaller independent (street) MHRetailers and realty asset class today! Sure hope this isn’t true.

Back to the conundrum. Is new home production and delivery (& pricing) in such dire straits so as to handicap our return to optimum shipment levels approaching 100,000 and 150,000 units per annum? Somebody had better figure this out and ‘pass the word’, positive or negative, so we’ll all know better how to plan our business futures!

III.

A WARNING!

Given the ‘blast of cold water’ announcement featured in Part II of this blog posting, the last thing we need is more bad news – but, unfortunately, here it is:

Beware of proposals, from outsiders, perhaps even within the MHCC (‘Manufactured Housing Consensus Committee), for new or modified standards (to the HUD-Code) that are little more than attempts to ‘legislate’ new or additional demands for products or raw materials that they, or their associates, sell – or want to sell, to the industry.

This is a very real threat, beginning with a renewed Department of Energy (‘DOE’) move towards forced energy-related standards not statutorily required to balance cost versus benefits to manufactured housing product and its’ production. Do you remember? The National Association of Home Builders (‘NAHB’) has already gone on record stating, for every $1,000 increase in the retail level cost of a singlesection manufactured home, 348,000 potential home buyers would be lost; and in the case of multisection manufactured homes, 316,000 potential home buyers would be unable to purchase the home of their dreams. This is why we need to be diligent in our fight against the modification of HUD-Code standards that would add unnecessary cost to our affordable housing product!

Part IV.

LISTENING SESSION

Between 1:30 & 4PM on Wednesday, 14 July 2021, as part of the FHFA – hosted Duty to Serve (‘DTS’) Public Listening Session re Manufactured Housing, 17 individuals voiced opinions and concerns relative to the 2022-2024 Underserved Market Plans prepared by the GSEs. During the height of the 2 ½ hour Listening Session, there were 102 individuals listening in on the proceedings. Not enough space here to summarize what was presented – I’ll do that in next week’s blog posting (#648) – so be sure to read it at that time. Let me titillate you a bit though…

Dr. Esther Sullivan, University of Colorado, author of Manufactured Insecurity was the first presenter, also the first to mention predatory practices of Havenpark Capital, and more.

In my opinion, best presentation was by Bruce Thelen of Sun Communities, Inc., the REIT.

In my opinion, worst presentation was a prepared statement by Tony Kovach, read aloud by a Listening Session support staffer. It came across, in part, as a personal vendetta against three of the most well-known businessmen in the manufactured housing industry.

So much more to tell you. Be sure to read next week’s blog posting….

George Allen, CPM, MHM
EducateMHC