Albany Acres residents form a cooperative and buy their manufactured home community
Residents of Albany Acres in Albany, New Hampshire, bought their manufactured home community in June, forming a cooperative to own and run it.
Key facts
- Albany Acres residents bought the community in June from former owner Patrick Houghton of Ranger Properties LLC.
- Residents formed a cooperative and will operate the community as a not-for-profit corporation.
- The New Hampshire Community Loan Fund provided financing and business coaching for the purchase.
- Members elect a board annually, vote on the budget and must approve all rent increases.
- Lot rent was set to rise to $600 to pay for improvements, and the cooperative was applying for grants to limit costs.
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Read the original at New Hampshire Public Radio (opens in a new tab)
Source: Albany residents buy their manufactured home community — New Hampshire Public Radio, July 13, 2026. Summary and commentary by RISE Community; read the full story at the source.
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