Resident-Owned Communities Program |
|
|
Contribute to a more Cooperative Economy--
Give to the United Co-op Appeal!
Cooperative Development Institute The Keep Local Farms program connects consumers with New England dairy farmers through promotion of all dairy products, education on farm activities and the potential for consumers to directly support dairy farmer-members of the New England Family Dairy Farm Cooperative. If you are interested in local food production, productive open land and your local community – click to learn more about the Keep Local Farms program.
|
As part of our long-term strategic vision for affordable housing development in the northeast, CDI is committed to assisting owners of manufactured homes in southern New England (Massachusetts, Rhode Island, and Connecticut) gain long-term control over their communities.
 The Ryder Woods community in Milford, CT was acquired by an association of the homeowners in April of 2009 with financing from ROC USA Capital. The Cooperative Development Institute provides technical assistance and training to the Association. Photo credit: ROC USA Staff. We use a time-tested, innovative and successful model. The SNEROC Program uses the highly successful model pioneered by the New Hampshire Community Loan Fund’s (NHCLF) Resident Owned Community (ROC) program. In the state of New Hampshire, residents in 93 MHPs, with technical and financial support from the ROC program, have seized the opportunity to organize, band together, and collectively purchase their parks to be run as a cooperative enterprise for the benefit of resident-owners. These resident-owned communities have seen, as documented in a formal evaluation by the Carsey Institute at the University of NH, that ownership and control allows them to stabilize their lot rents, improve their park infrastructure, and obtain easier purchase financing—all of which leads to improved individual and community health and welfare, increased community safety, preservation of affordable housing, increased skills and capacity of individuals, and increased resale value of their homes. A national network supports our work. The ROC program is now being taken to scale through the ROC USA™ Network, which supports local Certified Technical Assistance Providers (CTAPs), like CDI, to quickly and effectively respond to pending park sales. CDI joins a national network of ten other CTAPs providing this rapid response to for-sale MHPs, conducting outreach, raising awareness about the resident owned community model, and building a network of service providers for the tri-state area of Massachusetts, Connecticut and Rhode Island. Our program creates win-win-win solutions for residents, owners, and the broader community alike. In addition to targeting those MHPs that are listed for sale, we can assist MHP owners to sell their properties to their residents with ease--a purchase at full value with no broker or legal fees, quick turnaround (weeks instead of months), and pre-packaged programs allowing preferable tax treatment through structured sales.
Are you the owner of a manufactured home in a park?   The Cooperative Development Institute is a member of the I’M HOME (Innovations in Manufactured Homes) network. I’M HOME is a multi-year initiative that seeks to ensure that families who choose to purchase manufactured homes can reap benefits from homeownership comparable to owners of other homes. |
Home, Educational and Training Programs, Coop 201 Training Sessions, Values and Principles of Cooperative Business, Cooperative Professional Standards, Reasons to Start a Coop, Guidelines for Success, CDI Services and Programs, Assessment for Group-based Businesses