8-K

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 29, 2008

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UMH Properties, Inc.

(Exact name of registrant as specified in its charter)

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Maryland    001-12690       22-1890929

(State or other jurisdiction  (Commission    (IRS Employer

of incorporation)   File Number)    Identification No.)

Juniper Business Plaza, 3499 Route 9 North, Suite 3-C, Freehold, NJ    07728

(Address of principal executive offices)                    (Zip Code)

Registrant's telephone number, including area code: (732) 577-9997

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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1

Item 7.01

Regulation FD Disclosure.

On April 29, the Company issued a press release announcing the closing of a $10 million revolving line of credit.

Item 9.01

Financial Statements and Exhibits.

(c)  Exhibits.

99

Press Release dated April 29, 2008.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UMH Properties, Inc.

Date:  April 29, 2008

By:      /s/ Anna T. Chew

Name:

Anna T. Chew

Title:

Vice President and Chief Financial Officer

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EX-99

FOR IMMEDIATE RELEASE

April 29, 2008

Contact: Rosemarie Faccone

    or Susan Jordan

    732-577-9997

UMH PROPERTIES, INC. ANNOUNCES NEW REVOLVING LINE OF CREDIT

FREEHOLD, NJ, April 29, 2008........UMH Properties, Inc. (AMEX:UMH) announced that on April 28, 2008, it has closed on a revolving line of credit with Sun National Bank with a maximum availability of $10,000,000.  This revolving line of credit has a maturity date of April 1, 2011 and is secured by the Company's eligible notes receivables.  Interest under this new line is at the prime rate which is currently 5.25%.

Samuel A. Landy, President, stated, “We are very pleased with this new line of credit and believe that it is the beginning of a long and mutually beneficial relationship with Sun National Bank.  This new financing gives us additional flexibility in servicing our customers."

UMH Properties, Inc., a publicly-owned real estate investment trust, owns and operates twenty-eight manufactured home communities located in New Jersey, New York, Pennsylvania, Ohio and Tennessee.   In addition, the Company owns a portfolio of REIT securities.

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