As realestaterama informs MHProNews, 13 million people over 50 contend with unaffordable and/or inadequate housing. The AARP (American Association of Retired Persons) Foundation is investing $2.5 million in three different strategies that provide housing for the over 50 crowd who have limited means. One of the recipients is ROC (Resident Owned Communities) USA, which will use the funds to enable residents of manufactured home communities to cooperatively acquire the land on which their homes are sited. Manufactured housing is the largest source of unsubsidized affordable housing in the nation. The other two national organizations receiving investment funds are NCB Capital Market, which offers an alternative to traditional nursing homes; and Enterprise Community Loan Fund, Inc., which helps with financing for affordable housing as well as federally qualified health centers.
