John Hamilton of the New Hampshire Community Loan Fund, who presented to the TFIN previously, has been continuing to do amazing work with conversions of parks to resident ownership - particularly important now that there is a big private equity push to buy up parks that has been detrimental to residents.
There is now a live opportunity to support a fast-moving transaction. Hynes, an owner of manufactured housing parks, planned to sell four manufactured housing parks in NH with 1,012 units of housing to a large private equity buyer; the residents have stepped up to acquire the parks and gain the security and pride of ownership. We thought you might be interested to hear about it directly from John and some of the investors who have worked with NHCLF on resident ownership conversions.
