In the United States, roughly 35 percent
of owners of manufactured homes live in communities
or “parks” where they rent the lot their
home sits on. For a monthly rental fee, these homeowners
receive basic services such as water, sewer and road
maintenance from the community owner.
“My proudest accomplishment is helping
us become a co-op and buying the park, because
it’s something people said we couldn’t
do. Not only did we do it, but 20 years later
the co-op is still working. We are united
so that anything that might affect this community,
we make sure that we have a say in it.”
- Florence
Quast, Souhegan Valley Manufactured
Housing Cooperative, Milford,
New Hampshire |
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Living on rented land denies homeowners almost all
of the security and financial benefits available to
people who own the land beneath their homes.
In 2003, a study by Consumer
Union concluded that, generally, manufactured or
“mobile” homes in communities or “parks”
tend to depreciate over time. Two of their recommendations
of ways homeowners could curb depreciation were to gain
control of the land, and to get access to more conventional,
fixed-rate home financing.
Through direct experience in the New Hampshire market
and the experience of partner non-profit organizations
in other regions, the staff of ROC USA has demonstrated
that resident-ownership improves financial security
for homeowners. We offer 24 years of experience in successfully
assisting homeowners to:
• Negotiate for the purchase of their manufactured
home community;
• Secure financing to acquire their community;
and,
• Operate their resident-owned community.
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Let us know who you are, and how
we can help you now or in the future. |
ROC USA, 7 Wall Street , Concord, NH 03301 - 603-856-0246 - info@rocusa.org |
ROC USA, ROC USA Capital, ROC USA Network, and ROC USA Certified Technical Assistance Provider are registered trademarks and service marks of ROC USA™, LLC. |
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