Manufactured Home Community Converts to Co-op

In an exclusive to MHProNews, Steve Varnum of the Community Loan Fund says Silver Fox Estates in Pembroke, New Hampshire became the state’s 105th resident-owned manufactured home community as of May 30, 2013. With funding and assistance from the New Hampshire Community Loan Fund, the Silver Fox Homeowners Cooperative, Inc., organized in Nov. 2010, negotiated with owner Linda McClintock to purchase the 21-homesite community for $675,000. The fund helped convert the first community in 1984. Says Juliana Eades, the loan fund’s president: “Residents who purchase and run their communities are protected against excessive rent hikes and park closures, and often feel greater pride and investment in their homes and surroundings.”

(Photo credit: ROC USA)

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top