04 September 2009

Manufactured Home Park Co-Ops

Did you know that until recently a manufactured home park owner could sell the park and give the residents only 30 days notice to vacate? Given that it's $10,000 to $15,000 to move a manufactured home and some are immovable, that's the same as stealing homes.

Recently the laws were changed and the residents have to be given a nine-month notice. This is good, but it's still not much time to obtain funds and find a place to move your home.

In New Hampshire, the residents are allowed first opportunity to purchase a park if the owner decides to sell. They form a co-op and the residents become the owners instead of a developer.

A park up North did this and paid off the co-op's loan in ten years. The lot rental is now $50.00 each month for maintenance and improvements. This would be something to fight for.

Manufactured Home Parks are a haven for fixed and low-income families and individuals. Whether someone earns six figures or $20,000, we all deserve the American Dream of home ownership. Through the Salt Lake Council of Governments, I would champion this cause to the State for appropriate legislation.

The Time is Right for Jeff White

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