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Scaling Co-op “Mobile Home Parks” Cooperatives Conference Philadelphia, PA June 13, 2012.

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Presentation on theme: "Scaling Co-op “Mobile Home Parks” Cooperatives Conference Philadelphia, PA June 13, 2012."— Presentation transcript:

1 Scaling Co-op “Mobile Home Parks” Cooperatives Conference Philadelphia, PA June 13, 2012

2 Scaling co-op ownership of MHC Based on 29-years market experience 50,000 U.S. communities, with 2.7 million homeowners Compelling mission: meets homeowners’ desire for security Standardized zero-equity co-op National brand & QC Local, expert pre- and post-purchase TA & coaching National pool of capital for financing Long-term market supports, including community leadership & SF financing

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4 ROC USA ® Network 8 Technical Assistance Providers operating in 22 states. Since May, 2008: 35 new MHC co-ops in 12 states – OR, WA, MT, UT, TX, MN, NY, DE, CT, MA, VT, NH 2,200 homes preserved $72MM in financing secured

5 Copyright 2011 ROC USA, LLC. 5 ROC USA ® Network Certified TA Providers: 8 Market Areas: 22 States

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7 ROC USA ® Capital 13 loans for $28 million in the last 3 years Contract to Closing – avg. 66 days Loan Product - 110% LTV Financing 10-15 years Small and Large MHCs - $1- $10 Million Innovative participation loan model Certified CDFI

8 For more information: www.rocusa.org


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