Non-profit Acquiring Manufactured Home Communities in Oregon

The St. Vincent de Paul Society of Lane County, Oregon purchased the 63-home site Oakridge Mobile Home Park in Oakridge, Oregon for $1.125 million, its fourth acquisition of a manufactured home community in ten years, according to registerguard.com. Aided by state and federal grants and a subsidized low-interest loan from The Network for Oregon Affordable Housing, Terry McDonald, of St. Vincent’s, says its goals are to provide affordable housing and ensure good living conditions for residents. The non-profit will spend $350,000 in improvements, including the replacement of eight dilapidated manufactured homes, as MHProNews.com has been informed. As a condition for receiving the public subsidies, residents must earn below 80 percent of the area’s median income. St. Vincent de Paul previously acquired Garfield Apartments and Trailer Park in Eugene, OR, Harwoods Mobile Manor in Santa Clara, OR, and Hillcrest Mobile Home Park in Oakridge. ##

(Image credit: St. Vincent de Paul Society)

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