Residents of Turnpike Park Cooperative in Westborough, Mass., celebrate the ROC’s refinancing, which allowed the community to immediately begin work on a massive infrastructure renovation project.
ROC USA is celebrating a huge milestone. In less than seven years, we’ve built on a proven strategy of resident ownership in New Hampshire manufactured home communities and scaled it across the country, transforming communities and building a network of 10,000 secure and affordable homes with partners in 14 states.
Founding President Paul Bradley said ROC USA strengthens the local ownership of communities with the scaled resources and efficiencies of a national organization, coupled with the regional support of a network of regional certified technical assistance providers.
“Ten-thousand homes is a significant milestone — it’s the equivalent of a good-sized town,” Bradley said, noting that if ROC USA were a community owner, it would boast the 12th-largest portfolio in America. “But our communities are resident-owned, resident-controlled and based on a model that preserves and improves affordable communities while building assets for low- and moderate-income families and individuals.”
Since launching in 2008, ROC USA has helped a resident group purchase its community once every 32 days on average. Turnpike Park Cooperative Inc. in Westborough, Mass., recently refinanced its purchase with ROC USA Capital. The 46 homes in the Boston MetroWest community pushed the total number of homes in ROC USA communities over 10,000.