Clatskanie, OR — Homeowners in the 39-home Deer River Cooperative are excited about the future after becoming the newest resident-owned community (ROC) in Oregon.
Utilizing financing and technical assistance from CASA of Oregon, the residents organized and formed the Deer River Cooperative in order to convert their park into a resident-owned community.
“Come and watch us improve our community!”said Deer River Cooperative Board of Director Member and Operations Manager Bill Ulin.
“We are pleased to go from being tenant renters to community owners. This change allows us the ability to make the repairs and improvements we always hoped for.” Board President Cindy Osmon added “We couldn’t be happier. The process was well worth the benefits we will receive.”
Residents purchased their community for $1.7 million on Feb. 15.
CASA of Oregon, , a Certified Technical Assistance Provider of ROC USA® Network, will continue to provide technical assistance to the Cooperative, delivering management training and utilizing available resources to help individual residents upgrade or replace their homes.
As of January of 2019, CASA of Oregon has completed the conversion of 14 manufactured home communities to resident ownership throughout the state of Oregon.
Deer River Cooperative is the 232nd ROC in the ROC USA network, which is made up of more than 15,000 homeowners in 16 states.