Since 1984, the New Hampshire Community Loan Fund has provided financing, training and technical assistance to help homeowners in manufactured housing (sometimes called “mobile home”) parks purchase and manage their communities as cooperative corporations.
Resident ownership made thousands of homes more stable, secure, and valuable. But manufactured houses were still financed in ways that denied these homeowners some important financial benefits.
In 1984, 13 families in Meredith Center Trailer Park were about to lose their homes to a developer who wanted to buy the park and evict them. We helped the families form a cooperative, then loaned them the money to buy the park.