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RESIDENT OWNED PARKS, INC. A Nonprofit Housing Corporation |
SANDPIPER PARK |
Resident Owned Parks, Inc. 7420 Greenhaven Drive, Suite 125 Sacramento, California 95831 Copyright by Resident Owned Parks, Inc. |
Telephone: (916) 399-4993 Facsimile: (916) 424-2205 Email: ropinfo@att.net |
Sandpiper Park is located in the beautiful community of Arcata in Humboldt County, home to Humboldt State University. The park owners first contacted ROP explaining that they had decided to sell the park and wanted to protect their residents and preserve affordable housing. The parks owners and ROP arranged a meeting with the Community Development Department of the City of Arcata to determine if financial assistance would be available from the City. Based upon the enthusiasm and support of the City for the park's nonprofit purchase by ROP, the park owner and ROP entered into contract for purchase of the park. Not only did the City of Arcata hold public hearings and pass resolutions providing tax benefits for the selling park owner, but the City also provided low interest loans toward purchase of the park which covered all closing costs and initial reserves. The City is providing funding for park common area upgrades to be started in 2010. A unique aspect of this transaction was ROP's commitment and cooperation with the City of Arcata, to upgrade the park by the City offering its first time home buyer assistance program to assist low income residents of the park in replacing old trailers with new homes. Sandpiper Park is a good example of what can be accomplished when a park owner is willing to sell, and a City is supportive of the nonprofit purchase of mobilehome parks. |
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Sandpiper Park 115 G Street Arcata, California 95521 (707) 822-2624 |