Community Loan Fund

Jason Moon for NHPR

Residents of a mobile home park in Portsmouth recently purchased the land they’ve been living on for decades. This park joins a growing number of other mobile home communities to do the same. When Kathy Ireland received a letter last year that said the mobile-home park she lives in was being sold, she wasn’t quite sure how to take it.

billy v / Flicker CC

A mobile-home park in New Ipswich has become the 110th in the state to be purchased by its residents. That means that nearly a quarter of the state’s 450 so-called “trailer parks” are now owned by the people who live in them.

Juliana Eades, President of the New Hampshire Community Loan Fund which financed the deal, says banks won’t give mortgages to people who live in manufactured homes located on someone else’s land.