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While manufactured homes are considered to be affordable housing, older models can be some of the most expensive in the nation to heat due to energy inefficiency. [4] High-performance manufactured housing uses less energy and therefore increases life-cycle affordability by decreasing operating costs. High-performance housing is not only energy ...
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The MHI hosts trade conferences, coordinates lobbying before the United States Congress and state legislatures on issues relating to manufactured housing, [1] [2] compiles and publishes data relating to industry sales [3] and provides marketing and public relations support to raise the awareness of manufactured housing. [4] [5]
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Clayton Homes established its own mortgage company in 1974 and added a manufacturing division in 1975. [14] The company went public in 1983, trading on the New York Stock Exchange. [15] [14] Each year from 1989 through 1992, Clayton Homes was named on the Forbes list of the best small companies in America. [16]
Manufactured homes are built onto steel beams, and are transported in complete sections to the home site, where they are assembled. Wheels, hitch and axles are removed on site when the home is placed on a permanent foundation. Mobile homes, or trailers, are built on wheels, and can be pulled by a vehicle.
In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc. In 2013, the company acquired Holiday Mobile Village in Nashville, Tennessee for $7.25 million. [3] In 2014, the company acquired 4 communities in Pennsylvania for $12.2 million [4] [5] and 10 communities in Ohio for $30.4 million [6]