APAC IN THE NEWS

Associated Press: "Rents spike as big-pocketed investors buy mobile home parks," July 25, 2022. APAC commented on a pattern playing out nationwide of institutional investors, led by private equity firms and real estate investment trusts and sometimes funded by pension funds, sweeping in to buy manufactured home parks. In addition, mortgage giants Fannie Mae and Freddie Mac are helping to fuel the problem by backing a growing number of investor loans. The article was run by television channels and newspapers around the country, including:

“Mobile home rent increases skyrocketing as corporations take ownership,” Fox 9 News, June 10, 2022. https://www.foxbusiness.com/economy/mobile-home-rent-increases-skyrocket...

“The much-maligned manufactured home wants more respect,” Scotsman Guide, June 2022. https://www.scotsmanguide.com/browse/content/the-muchmaligned-manufactur...

“Unable to get a mortgage, millions of Americans turn to risky lenders, but at what cost?”, USA Today, 4-21-22.
https://www.msn.com/en-us/news/us/unable-to-get-a-mortgage-millions-of-a...

“’Sitting on a time bomb:’ Mobile home residents at risk in red-hot housing market,” MN Reformer (States Newsroom), 4-11-22. https://minnesotareformer.com/2022/04/11/sitting-on-a-time-bomb-mobile-h...

“Affordable housing, another piece: Option to purchase,” Star Tribune, 5-21-21.
https://www.startribune.com/readers-write-parking-requirements-affordabl...

“Rolling revival: Mobile-home parks see growth in Twin Cities during pandemic,” Pioneer Press, 1-10-21.
https://www.twincities.com/2021/01/10/rolling-revival-mobile-home-parks-...

“Minneapolis housing activist named 2020 Bush Fellow,” Finance & Commerce, 6-9-20.
https://finance-commerce.com/2020/06/minneapolis-housing-activist-named-...

“Bush Foundation in St. Paul names this year’s fellowship winners,” Star Tribune, 6-9-20.
https://www.msn.com/en-us/news/us/bush-foundation-in-st-paul-names-this-...

“Bush Foundation announces Bush Fellows for 2020,” Minneapolis/St. Paul Business Journal, 6-9-20.
https://www.bizjournals.com/twincities/news/2020/06/10/bush-foundation.h...

“Increasing Public Trust of Police among Goals of 2020 Bush Fellowship Recipients,” Twin Cities Business Magazine, 6-9-20.
https://tcbmag.com/increasing-public-trust-of-police-among-goals-of-2020...

“Mayo Clinic researcher selected for 2020 Bush Fellowship,” KAALTV.com, 6-9-20.
https://www.kaaltv.com/rochester-minnesota-news/rochester-mn-st-paul-mn-...

“Brings Plenty selected as 2020 Bush Fellow,” West River Eagle, 6-9-20
https://www.westrivereagle.com/articles/brings-plenty-selected-as-2020-b...

“Mobile home parks planning expansions to meet increasing demand, despite local resistance,” Star Tribune, 3-24-20.
https://www.startribune.com/mobile-home-parks-planning-expansions-to-mee...

“All Parks Alliance for Change fights the good fight,” Bench & Bar of Minnesota, November 2019.
https://www.mnbar.org/resources/publications/bench-bar/articles/2019/11/...

“A Murray mobile-home park once facing closure is now expanding,” Salt Lake Tribune, 9-29-19
https://www.sltrib.com/news/2019/09/29/murray-mobile-home-park/

“When severe weather strikes? You’re on your own,” Pipestone County Star, 6-5-19.
https://www.pipestonestar.com/articles/when-severe-weather-strikes-youre...

“With affordable housing hard to come by, could trailer parks make a Twin Cities comeback,” Pioneer Press, 3-31-19.
https://www.twincities.com/2019/03/31/with-affordable-housing-hard-to-co...

“Hot Property: U.S. mobile homes’ affordability slips as corporates move in,” Thomson Reuters, 2-19-19.
http://www.thisisplace.org/i/?id=cf09d528-f149-42f6-b60b-083d3abf4fd8

“Manufactured home modular homes could become neighbors,” Session Daily, Minnesota House of Representatives, 2-4-19.
https://www.house.leg.state.mn.us/SessionDaily/Story/13529

“New storm shelter in Fridley models safety for mobile homes,” Star Tribune, 8-14-18.
http://www.startribune.com/new-storm-shelter-in-fridley-models-the-way-f...

“When things go wrong at a mobile home park, the rules may be too vague to help residents,” St. Cloud Times, 7-13-18.
https://www.sctimes.com/story/news/local/sartell/2018/07/13/when-things-...

“ICE Raids Ramping Up Nationally, MHC Arrest, & Manufactured Housing Employers Alert,” Daily Business News, 7-11-18. http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/ice-...

“Mobile Home ‘Renaissance’ May Be on the Horizon,” Professional Builder, 6-26-18.
https://www.probuilder.com/mobile-home-renaissance-may-be-horizon

“Can the Once-Lowly Mobile Home Help Solve America’s Housing Shortage?,” Realtor.com, 6-25-18
https://www.realtor.com/news/trends/mobile-homes-next-prefab-affordable-...

“Island Cove Mobile Home Park puts pressure on residents,” Durango Herald, 2-10-18.
https://durangoherald.com/articles/208138

“Lots of potential: Despite high home prices, mobile homes see shrinking role as housing option,” Grand Forks Herald, 1-26-18.
https://www.grandforksherald.com/news/4394480-lots-potential-despite-hig...

“Mobile Homes: The Next Prefab Affordable Housing Trend,” Realtor.Com, 1-25-18.
https://www.realtor.com/news/trends/mobile-homes-next-prefab-affordable-...

“Immigration arrests are blamed on conflict in New Brighton,” Star Tribune, 1-8-18.
http://www.startribune.com/immigration-arrests-blamed-on-brouhaha-at-new...

“After Lowry Grove mobile home park closes, residents face unknowns,” Star Tribune, 10-6-17.
http://www.startribune.com/after-mobile-home-park-closes-residents-face-...

“Nowhere to Hide: Despite State Law, Mobile Home Residents Often Left Unprotected,” KSTP-TV, 8-7-17.
https://kstp.com/news/mobile-home-park-severe-weather-storm-shelter-minn...

“Rep. Keith Ellison Introduces Bill to Protect Mobile Home Park Residents,” Manufactured Housing News, 7-24-17.
https://www.manufacturedhomes.com/blog/rep-keith-ellison-introduces-bill...

“Rep. Keith Ellison introduces bill supporting mobile home parks,” Star Tribune, 7-20-17.
http://www.startribune.com/rep-keith-ellison-introduces-bill-supporting-...

“The last week in Lowry Grove: Another mobile home park shutters,” MPR News, 6-28-17.
https://www.mprnews.org/story/2017/06/28/lowry-grove-mobile-home-park-la...

“In storm season, mobile home park tenants seek better shelter,” MPR News, 6-14-17.
https://www.mprnews.org/story/2017/06/14/in-storm-season-mobile-home-par...

“Mobile home community left in gap as North College grows,” Coloradoan, 5-25-17.
https://www.coloradoan.com/story/life/2017/05/25/poudre-valley-mobile-ho...

“The importance of mobile homes as affordable housing,” MPR News, 8-11-16.
https://www.mprnews.org/story/2016/08/11/mobile-home-parks-as-affordable...

“NMHOA Head Wants to Give Homeowners a Sense of Security,” Prosperity Now, 7-26-16.
https://www.prosperitynow.org/blog/nmhoa-head-wants-give-homeowners-sens...

“One resident’s $6 million, Hail Mary plan to save her mobile home park,” MPR News, 6-9-16.
https://www.mprnews.org/story/2016/06/09/antonia-alvarez-lowry-grove-mob...

“To live in a mobile home in the US,” Le Monde Diplomatique,” April 2016.
https://mondediplo.com/2016/03/10trailers