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Bill Challenges Housing Park Coop Model
By Dan Gorenstein on Tuesday, January 24, 2006.
Manufactured housing parks are a viable source of affordable housing for many in New Hampshire. Across the state when parks have come up for sale, often tenants have purchased the communities and converted them into resident-owned cooperatives. The legislature is considering a bill that opponents fear would undercut tenants' ability to buy those parks. New Hampshire Public Radio's Dan Gorenstein has more. Representative Larry Emerton says he's concerned about fairness. Currently, a minority of manufactured housing park residents can purchase a park and convert it into a coop, even if a majority of people living there oppose the deal. Emerton lives in a Goffstown park that recently suffered through a contentious fight pitting neighbor against neighbor. T.2 Emerton told the House Commerce Committee the disagreement over whether the coop should become the next owner sparked competing meetings, newsletters and plenty of hurt feelings. Every at the Goffstown park, and at any park for that matter, is eligible to join their park's cooperative. At some point in the process, if the park is for sale a majority of coop members must vote to make an offer. But Emerton said in his community, many of the older residents didn't want to pay the $25 dollars required to join the coop, just to get a vote. T.2 That type of dilemma is what prompted Emerton to introduce House Bill 1327. That measure says, the coop needs a majority of people who own units in the park to sign on, in order to make a bid. The New Hampshire Manufactured Housing Association has thrown its weight behind the bill. Park owner and Vice President of the Association Mark Tay told the House Committee that park residents are being coerced into backing the coops. T.5 Tay offered lawmakers an analogy. T.5 Attorney Elliot Berry, who helped create the state's coop program, laughed at the Housing Association logic. He says there is nothing democratic about a private investor purchasing a park. T.8 Berry believes the bill is inherently unfair. No other commercial buyer of a park is expected to meet the standard laid out in the legislation. Critics say whether the park is purchased by a private investor or a coop, residents will still have to pay rent. The difference between the two, says Berry, is that a 2005 study shows that units in a coop sell more quickly and for higher prices. T.16 The bill has been sent to sub-committee. For NHPR News, I'm DG. |
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