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15 <br /> approximately 100 manufactured home communities collectively containing more than 2,000 <br /> lots. Due to the high value of land in the County and the potential for large profit margins, many <br /> developers are interested in buying and redeveloping manufactured home communities for <br /> other uses, placing residents in danger of displacement and housing insecurity. As such, <br /> 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 <br /> Hampshire-based nonprofit that establishes resident-owned communities (ROCs) — <br /> manufactured home communities that are owned by a cooperative of resident homeowners <br /> rather than an outside landlord. In a ROC, residents buy a share in a cooperative that owns the <br /> entire community rather than each resident renting or owning an individual lot. To date the ROC <br /> USA Network has converted 268 MHCs to resident ownership in 20 states. CCE facilitated the <br /> first such North Carolina conversion last year in Randolph County. <br /> CCE will present information on its implementation of the ROC USA development model and <br /> the potential of this model as a solution for increasing affordability and stability in manufactured <br /> home communities. <br /> Thomas Beckett, Carolina Common Enterprise Executive Director, introduced the topic, <br /> and made the following PowerPoint presentation: <br /> Manufactured Housing <br /> Cooperatives-Potential For ROC usa <br /> Orange County <br /> Far Orange County Board ai County Commissioners <br /> 6 April 2021 <br /> Catalina Common Enteprk.j ROC USA Network <br /> RO[arallnas <br /> Thomas Reclatr,Ex 1We DI rector Mary O'Hara.�iredor <br /> T Ia Evans.Associate Director <br /> RM <br /> CAROLINAS <br /> RxgiiOCusa Carolina Common Enterprise <br /> Cooperative Development Center <br /> • Tla i n i ng and tech nica l assista nce Tor cooperative businesses to create <br /> i term systemic change in North Carolina's economy. <br /> Legal services for ce-nps. <br /> • 501(c)(3)tax-exempt,founded 2012. <br /> • Primary funding Is USDA Rural Cooperative Development Grant. <br /> • "Helping People Relp Themselves"—cooperatives give people greater <br /> control over their own economic circumstances. <br /> • First Resident-Owned Cooperative in 2020:Oak Meadows in Asheboro. <br /> Certified Technical Assistance Provider in ROC USA Network. <br /> 089 <br /> U.n <br /> Mary O'Hara, ROC USA Director, presented the following slides: <br />