Bennett Park Cooperative, a 57-site resident-owned manufactured home park in Moorhead, Minn., recently secured a $293,500 construction loan from ROC USA Capital.
Please join us on Saturday, November 7, 2015 for Small and Strong: Securing Your Food Co-op’s Future, a one-day networking and training event for staff and board members of small and startup food co-ops (<$3M in annual sales) in the Upper Midwest
Five Lakes Cooperative recently installed new signs for their entrance and office. The Cooperative held a contest and asked any interested residents in submitting a design. There were two designs chosen and the final product was a combination of the two.
On October 26-28, CFED will host its 11th annual I’M HOME Conference in Minneapolis, MN.
GRANT HELPS CREATE GREATER HEALTH EQUITY IN THE COMMUNITY
Minneapolis Minn. (June 29 2015) — The Northcountry Cooperative Foundation (NCF) received a $40,000 grant from the Blue Cross and Blue Shield of Minnesota Foundation to help more community members reach their full health potential. The funds will be used support NCF’s transformative work of converting MN manufactured home communities to resident (cooperative) ownership.
The Minneapolis-based Carolyn Foundation recently announced the award of $25,000 in grant resources to support new initiatives by Northcountry Cooperative Foundation (NCF) to pursue community solar projects in partnership with interested manufactured housing cooperative clients.
When I first arrived at NCF in the midst of the MHPP program running full-swing, there was one home left that had not yet started its 18-month occupancy requirement: C6 in Madelia Mobile Village.
CONCORD, N.H. — In less than seven years, ROC USA® has built on a proven strategy of resident ownership in New Hampshire manufactured home communities and scaled it across the country, transforming communities and building a network of 10,000 secure and affordable homes with partners in 14 states.
Over several chilly days in late March, NCF staff joined staff from seven other ROC USA Network Certified Technical Assistance Providers (CTAP)s—nonprofit organizations from around the country supporting resident ownership of manufactured housing communities nationwide—in Wilmington, Delaware to celebrate the closeout of a year-long market development initiative designed to widen the scale of resident ownership of manufactured housing nationwide.
As a result of the efforts of NCF's lobbying representative supported by NCF's funding partners, manufactured housing cooperatives will no longer be required to issue Certificates of Rent Paid to residents for a benefit for which they no longer are eligible. As manufactured housing cooperatives are ownership projects and receiving preferential homestead tax treatment on that basis, the Legislature no longer allows lot rent paid in a manufactured housing cooperative to be counted as lot rent against which a Certificate of Rent Paid can be issued for income tax benefits for the community's residents.
Building upon this limited victory, NCF plans to undertake efforts in the next Session toward winning back CRP benefits for residents of cooperatively owned manufactured housing communities. NCF believes that given the benefits to the larger community that manufactured housing cooperatives deliver - more stable lot rents, security of tenure, democratic governance and control, asset-building opportunities - that state tax policy should encourage not discourage residents' efforts to organize a cooperative. Moreover, since the CRP benefit is organized on a sliding scale, the lowest–income households are the most negatively affected by taking the CRP benefit from residents of such communities.