Springfield, Ill. — Surrounded by business and labor leaders, legislators and working families, Governor JB Pritzker signed SB 1, making Illinois the first state in the Midwest to phase in a $15 minimum wage over the next six years and giving...
Manufactured Housing News In Illinois
2/19/2019
1/9/2019
From January 1, 2019 through December 31, 2019, the security deposit interest rate is set at 0.01% (unchanged since 2015).
For example, if a landlord collects a security deposit for $1,000.00, the landlord will owe $0.10 in interest to the tenant every 12 months.
The Security Deposit Interest Act (765 ILCS 715) requires that the lessor of residential real property, consisting of...
11/8/2018
Housing affordability is a nationwide problem, it’s not limited only to Illinois. Housing policy is complex and rent control is the last thing that should be implemented as housing policy.
At the heart of the affordability issue is the dramatic decline in overall production of housing during the last decade. When the economy shattered in 2008, housing production fell drastically....
6/15/2018
IMHA is thrilled to recognize Saddlebrook Farms of Hometown America its 2018 Land Lease Community of the Year award.
This recognition exemplifies the best of Illinois Manufactured Housing and land-leased communities for their site plans, community amenities, continuous improvement, and relations within and outside the...
5/2/2018
Realizing that factory-built housing provides affordable, attractive and extreme quality housing at a significant savings over site-built housing and helps many families realize the American Dream of home ownership Governor Rauner has issued a proclamation establishing the week of May 12-19 as Factory-Built Housing Week in Illinois.
This recognition coincides with the 2018 IMHA...
3/19/2018
The IMHA Board Development Committee has presented its slate of candidates for At-Large Director positions for the coming year. IMHA Members can log in to review the slate of candidates which is posted on the Members Only landing page.
2/1/2018
February 7 is 206th anniversary of major quake in New Madrid Seismic Zone
SPRINGFIELD – Some of the largest earthquakes ever recorded in North America rocked the mostly rural central U.S. between December 1811 and February 1812, including parts of southern Illinois. The strongest earthquakes in this series were estimated to be around magnitude 8.0, and were felt as far away as...
12/12/2017
Affordable housing is in high demand in cities and counties nationwide. Experts say that areas grappling with affordable housing issues may find factory-built homes to be a powerful tool in addressing this need.
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11/14/2017
An excellent industry-based article by Erik Edwards, Nick Bertino, and Tony Petosa at Wells Fargo about interest rates, real estate valuations and the direction of the MHC industry.
Read entire article here
11/13/2017
By George Allen
Providers of single and multifamily residential housing talk about it, some take steps to ameliorate ‘this crisis’; but few set aside personal & corporate preferences to ideate (‘conceptualize’) what it’ll take to actually ‘Solve Our Nation’s Lack of Affordable Housing Crisis!’ What follows here, is a foundation for such discussion, then thoughts as to how factory-...
