Community Loan Fund Manufactured Home Residents Oppose Law Change / Public News Service

A bill before the Legislature would make it harder for manufactured-housing communities in New Hampshire to become resident-owned communities (ROCs), by requiring 51% of all residents to vote in favor of an offer to purchase. Under current law, when a manufactured-home park is being sold, residents have the option to purchase it themselves and form a cooperative, with help from Community Loan Fund and local bank partners. New Hampshire has 140 resident-owned communities now, with roughly 8,500 residents, most of them low-income. ...

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