Building Stronger Communities Through Resident Ownership
Image
09/30/2024
Building Stronger Communities Through Resident Ownership
Author(s)/Creator(s):
NeighborWorks America | NeighborWorks Montana
In the United States, 2.7 million homeowners live in manufactured home communities, which offer an important source of unsubsidized affordable housing. Yet most mobile home communities are commercially owned, leaving homeowners vulnerable to displacement as communities are sold and subject to lot rent increases that cause financial strain to residents. Through the Resident Owned-Community (ROC) model, NeighborWorks Montana (NWMT) assists manufactured home residents in taking ownership of their communities, providing stability for homeowners while fostering engaged communities across the state.