Manufactured Housing

Chris Parrish, President NCMHA

NCMHA Contact InformationNCMHA

4911 Departure DriveRaleigh, NC 27616

(919) 872-2740www.nc-mha.org

Chris Parrish, PresidentChris@parrishmanor.com

Brad Lovin, Executive DirectorBrad@nc-mha.org

Frank Gray, Legal Counsel and LobbyistFgray@jordanprice.com

Who We Are

NCMHA proudly represents the manufactured and modular housing industry in the state of North Carolina.NCMHA works to promote fair laws and regulations, increase and improve financing options, promote professionalism, educate the general public and provide technical analysis to government agencies.

What is Manufactured Housing?Homes built in a factory to the Federal Manufactured Home Construction & Safety Standards (the “HUD Code”).The HUD Code is the only federally-regulated building code.Manufactured homes are built on a steel frame and may be single- or multi-section. They are substantially complete from the factory.The modules are transported to the site and installed.

What is Manufactured Housing?(continued)

The federal standards regulate manufactured housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality.Manufactured homes can only be single-family dwellings.

What is Modular Housing?

Factory built homes built to the North Carolina State Building Code.

Modular homes are built in a factory and then transported to the site and installed.

Modular homes can be single or multi-family with 1 or more levels.

Quick Facts from 2008Quick Facts from 2008

Over 1 million North Carolinians live in manufactured and modular homes.Average household size is 2.8 persons.74% of new manufactured homes are sited on private property and the remaining are sited in land-lease communities.

Quick Facts from 2008Quick Facts from 2008

Age of Household HeadLess Than 30 8%30-39 20%40-49 25%50-59 25%60-69 16%70 and older 8%

Quick Facts from 2008Quick Facts from 2008

Annual Household IncomeLess Than $10,000 5%$10,000-$19,999 14%$20,000-$29,999 21%$30,000-$39,999 18%$40,000-$49,999 16%$50,000 and over 27%

New Manufactured Homes New Manufactured Homes ––

Size & Cost:Size & Cost:Average square footage: 1600 sq. ft.• Single-section 1100 sq. ft.• Multi-section 1775 sq. ft.

Average sales price: $65,100 (structure only)• Single-section $37,200• Multi-section $74,100

Today’s Manufactured Home

Is aesthetically compatible with many existing neighborhoods.Results in cost savings due to factory efficiencies.Shortens construction time significantly.Delivers the home that home buyers want.

Manufactured Homes Offer:

Homes cost 10-35% less than other housing options.Same features and amenities all types of housing.Flexible, affordable, customization.Same building materials and quality engineered design.Home warranties equal to or better than other housing options.

Myths

Manufactured homes are not durable.Manufactured homes are not safe.Manufactured homes cannot withstand storm damage from tornadoes or hurricanes.Manufactured homes do not appreciate in value.

TodayToday’’s Manufactured Homes Manufactured Home

Has So Much to Offer!Has So Much to Offer!

Hardwood floors, drywall throughout, and features like fireplaces

Tray ceilings in bedrooms, living rooms and dining rooms

Spacious customizable kitchens and stainless steel appliances

…with hardwood cabinets and solid surface counter tops

TodayToday’’s Manufactured Homes Manufactured Home

Sanford, NC

TodayToday’’s Multis Multi--Family ModularFamily Modular

Asheville, NC

TodayToday’’s Manufactured Homes Manufactured Home

Downtown Raleigh, NC

Military BarrackMilitary Barrack

Fort Bragg, NC

TodayToday’’s Single Family Modular Homes Single Family Modular Home

Coastal, NC

TodayToday’’s Manufactured Home Communitys Manufactured Home Community

Garner, NC

What is this?What is this?

State of the Industry

Production and purchases have decreased significantly throughout this decade.

In 2000, manufactured home production in North Carolina was 40,000. Retailer/builder developer members totaled 1200.

In 2008, manufactured home production in North Carolina was 5,000. Retailer/builder developer members totaled 370.

How Can We Work Together?Any appropriations for housing needs in North Carolina should include manufactured housing.

Regulations and laws for manufactured homes should be equal to any other type of residential dwelling.

More assistance should be given to consumers purchasing or refinancing homes and manufactured housing should not be excluded.