Mobile homes are affordable to many residents. In fact, they are considered the largest source of unsubsidized affordable housing in the country. Mobile home parks provide these affordable homes in a community setting, and can include shared amenities such as playgrounds or pools. These parks can be owned and operated cooperatively or as part of a land trust, which gives residents greater control and the ability to build equity and wealth in their home.
Case Study: Addison County Community Trust
Addison County Community Trust owns and operates ten mobile home parks in Addison County, VT, totaling 340 homes. ACCT’s non-profit ownership model keeps costs low for renters and owners. ACCT assists homeowners with upgrades to mobile home units as well.