Orange County NC Website
1 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: April 6, 2021 <br /> Action Agenda <br /> Item No. 4-d <br /> SUBJECT: Presentation by Carolina Common Enterprise on the Resident-owned <br /> Community Model for Manufactured Home Communities <br /> DEPARTMENT: Housing and Community <br /> Development <br /> ATTACHMENT(S): INFORMATION CONTACT: <br /> Emila Sutton, Director, Housing and <br /> Community Development, (919) 245- <br /> 2490 <br /> PURPOSE: To receive a presentation on Carolina Common Enterprise's implementation of the <br /> resident-owned community model for manufactured home communities (MHCs). <br /> BACKGROUND: Manufactured homes are an important piece of the affordable housing <br /> continuum. The per square foot cost of producing a manufactured home is less than half the cost <br /> of constructing a comparable stick-built, single-family detached home, making manufactured <br /> housing one of the most affordable options available to both renters and homeowners.' Orange <br /> County has approximately 100 manufactured home communities collectively containing more <br /> than 2,000 lots. Due to the high value of land in the County and the potential for large profit <br /> margins, many developers are interested in buying and redeveloping manufactured home <br /> communities for other uses, placing residents in danger of displacement and housing insecurity. <br /> As such, developing an actionable manufactured housing strategy for the County is a priority. <br /> Carolina Common Enterprise (CCE) is a tax-exempt nonprofit cooperative development center <br /> that provides training and technical assistance to cooperatives in North Carolina, including start- <br /> up and growing cooperatives, and businesses converting to a cooperative enterprise. Operating <br /> as ROCarolinas, CCE is also the North Carolina network affiliate of ROC USA, a New Hampshire- <br /> based nonprofit that establishes resident-owned communities (ROCs) — manufactured home <br /> communities that are owned by a cooperative of resident homeowners rather than an outside <br /> landlord. In a ROC, residents buy a share in a cooperative that owns the entire community rather <br /> than each resident renting or owning an individual lot. To date the ROC USA Network has <br /> converted 268 MHCs to resident ownership in 20 states. CCE facilitated the first such North <br /> Carolina conversion last year in Randolph County. <br /> <br /> gaps <br />