The Maine Mobile Home Coop Program

 

Mobile Home Cooperatives in the U.S.

A 2007 report by the Carsey Institute of the University of New Hampshire titled, "Building Value and Security for Homeowners in Mobile Home Parks:  A Report on Economic Outcomes."

Key findings include: "...that residents who own their manufactured home communities... have significant economic advantages over their counterparts in investor-owned communities, as evidenced by higher average home sales prices, faster home sales, and access to fixed rate home financing. Additionally, residents who own their communities consistently perceive greater control over and stability in their lot rents and governance, and worry less about being displaced because of park closure for redevelopment."

The Genesis Fund is a member of the I'M HOME (Innovations in Manufactured Homes) network and a 2007 recipient of a Catalyst Grant. I'M HOME is a multi-year initiative that seeks to ensure that families who choose to purchase manufactured homes can reap benefits from homeownership comparable to owners of other homes.

Efforts in other states:

Georgia Community Loan Fund

Northcountry Cooperative Development Fund (Minnesota)

CASA of Oregon

Levitius Fund (New York, New Jersey, Connecticut)

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