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The first homebuilding subsidiary began operation in 1977, primarily building single-family homes. [4] The company was ranked 12 on the annual Builder 100 list published by Builder Magazine in 2021. [5] MDC debuted on the New York Stock Exchange in 1984. [6]
Clayton Home Building Group committed to donating $300,000 to support the program. [71] Clayton Homes also partners with Family Promise to donate several homes per year to families who have experienced homelessness. [72] In 2021, Clayton Homes donated $450,000 and 3 off-site built homes to be used to prevent family homelessness. [73]
In 1972, Mizel founded the Mizel Development Corporation, which became M.D.C. Holdings, Inc. (MDC), a New York Stock Exchange-listed homebuilding company. [5] MDC is the parent company of Richmond American Homes, [6] which has homebuilding operations in 15 U.S. states. [6]
In 2003, LGI Homes was founded in The Woodlands, Texas by Thomas Lipar and his son Eric Lipar. [5] [6] LGI Homes primarily focuses on entry-level housing for first-time homebuyers. [7] [8] LGI Homes initially built homes in its home state of Texas. [9] Their first project was a residential development in Conroe called Summerset Estates. [10]
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