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Trailer Park Residents Are Forming Cooperatives
Across the country, residents of mobile homes are organizing to buy and cooperatively run their communities, with government help, to protect themselves from landlords known for jacking up rents and neglecting infrastructure.
In February, the Biden administration announced the details of the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Act, which mandates the creation of a $225 million grant to improve manufactured housing infrastructure nationwide. In one investor relations report, Weisfeld brought up a park Three Pillars owns in Petaluma, California, writing that because local rent ordinances had made ownership cost-prohibitive, the company had filed a federal lawsuit challenging them under the Fifth Amendment. As a nonprofit, Woodlawn is eligible for a ‘boatload’ of state grants, and so has money and plans: to revitalize a private well for drinking water; to replace a load of sewer lines; to properly fix up the park’s rental units.
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