How to Temper the Influence of Private Equity in Manufactured Housing

In March, C & C Community in Billings, Montana became the 11th resident-owned manufactured housing community in the state. With technical assistance from ROC USA partner NeighborWorks Montana, the conversion from a traditional land-lease community to a cooperative took homeowners about six months to accomplish. Manufactured homeowners are particularly vulnerable to market predations because they own their homes but pay a lot rent to the community owner. Read More

In The News

America's Housing Affordability Crisis Spreads to the Heartland

Low mortgage rates and thriving employment should be the recipe for a strong housing market. Instead, they’re deepening America’s affordability crisis. What began on the coasts, in areas like New York and San Francisco, is now radiating into the nation’s heartland, as well as to cities from Las Vegas to Charleston, South Carolina. Read more

In The Network

Credit Building for Youth Aging Out of Foster Care

Credit has a significant impact on Americans’ financial security. A strong credit history is not only used to determine eligibility for financial products but also for getting a job and renting a home. Helping young people safely build their credit early on can minimize financial challenges in the future. Join us on September 5, 2019 at 1 p.m. EDT as we dive deeper into this topic and share resources and best practices.

Look Who's Hiring

The Local Initiatives Support Corporation is seeking a Program Officer to work on workforce development initiatives within the Financial Opportunity Center network as well as some of their employer partnership development. Contact Katrin Sirje Kärk for more information.