2010

April 22nd for our 10th annual MHO Day.

• Media Headlines: Capitol First Comes in Last – Landlord in Macomb Community Declares Bankruptcy
• A multi-state Chicago based development company, Capitol First (Richard Klarchek), went into foreclosure and filed bankruptcy. This included six Illinois manufactured home communities and impacted approximately 2,000 families. Wells Fargo became the new landlord of most. An increase in Resident Owned Community workshops is requested.
• HB 6241 Years of opposing and stopping increases in the County Tax placed on manufactured homeowner’s brought all interested parties to the table. The results and new law, only applies to manufacture homes outside of communities where homeowners are located on land they own. A title will be turned over for a deed and taxed as real property. Homeowners already owning a manufactured home will be grandfathered in until the home is sold or moved.
• SB 3552 is signed into law. This new law provides that any manufactured home that is situated within a designated disaster area and determined to be substantially damaged or adversely affected by the disaster to have certain tax penalties delayed.
• The 4th annual MHOAI fundraiser successfully reached the goal of $10,000.