MH Community Becomes Resident-owned Cooperative

The Curry County Reporter in Oregon reports the residents of what was a land lease community (LLC) in Gold Beach, Oregon, have successfully formed a non-profit co-op that has become Saunders Creek Homeowners Cooperative.  When the owners put the 43 home site land up for sale, the residents received purchase and development assistance from Community and Shelter Assistance Corporation (CASA of Oregon), the Rural Community Assistance Cooperation (RCAC), Oregon Housing and Community Services and the Community Development Law Center.  Residents will be able to buy into the cooperative April 26 to control rents.  Those who choose not to become owners will have higher rents.  According to state law, it will always be a manufactured home community that can be transferred only to another non-profit entity.   CASA of Oregon will continue to provide the residents with transition to management assistance.

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