ROC-NH

ROC-NH

Established in 1983, ROC-NH™, a program of the New Hampshire Community Loan Fund, helps residents of manufactured-home parks cooperatively buy the land under their houses, build value and security in their homes and create stronger, vibrant communities. It is the only statewide program in N.H. that provides loans, training and technical assistance to convert manufactured-home parks into cooperatives owned and governed by their residents. One hundred nine resident-owned communities (ROCs) in New Hampshire provide affordable housing for more than 6,000 families. ROC-NH does this by: Helping homeowners organize co-ops and decide whether purchasing their parks is in their long-term best interest; lending and/or helping arrange loans and grants for the co-op’s predevelopment work, deposit, purchase and rehabilitation projects; helping the co-op establish a board of directors and committees to run it; and providing ongoing technical support and training. ROC-NH is the Community Loan Fund’s oldest and best-known program. It has been recognized for excellence by the Opportunity Finance Network, Fannie Mae Foundation, U.S. Dept. of Agriculture, National Environmental Education & Training Foundation and Citizens Bank.