{"id":6842,"date":"2023-04-27T18:13:04","date_gmt":"2023-04-27T18:13:04","guid":{"rendered":"https:\/\/affordablehousingonline.com\/blog\/?p=6842"},"modified":"2023-04-27T18:17:52","modified_gmt":"2023-04-27T18:17:52","slug":"corporate-takeover-of-mobile-homes-are-surging","status":"publish","type":"post","link":"https:\/\/affordablehousingonline.com\/blog\/corporate-takeover-of-mobile-homes-are-surging\/","title":{"rendered":"Corporate takeover of mobile homes is surging"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"600\" src=\"https:\/\/affordablehousingonline.com\/blog\/wp-content\/uploads\/2023\/04\/MobileHomePark_1200.png\" alt=\"Photo of a moble home park taken by a drone flying above the property.\" class=\"wp-image-6843\" srcset=\"https:\/\/affordablehousingonline.com\/blog\/wp-content\/uploads\/2023\/04\/MobileHomePark_1200.png 1200w, https:\/\/affordablehousingonline.com\/blog\/wp-content\/uploads\/2023\/04\/MobileHomePark_1200-300x150.png 300w, https:\/\/affordablehousingonline.com\/blog\/wp-content\/uploads\/2023\/04\/MobileHomePark_1200-768x384.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/figure>\n\n\n\n<p>A recent surge in corporate mobile home park takeovers has led to increased rent, poor maintenance, and park closures for redevelopment, according to a new <a title=\"'Trapped': How federally backed financing is making mobile homes less affordable - NBC News\" href=\"https:\/\/www.nbcnews.com\/politics\/economics\/federally-backed-financing-driving-mobile-home-rents-rcna77168\">report by NBC News<\/a>.<\/p>\n\n\n\n<p>Mobile home parks provide affordable housing for millions of low-income renters across the country, and not just in rural areas. Even when a family owns their mobile home, they pay rent and other fees for their spot in a mobile home park.<\/p>\n\n\n\n<p>These takeovers are happening because of low-interest loans backed by Freddie Mac and Fanne Mae. These government-sponsored entities are supposed to meet affordable housing goals as part of their mission.<\/p>\n\n\n\n<p>When new corporate owners drive up rents, residents struggle to put food on the table and pay other bills. Many mobile home residents are seniors who cannot take on extra work to pay higher rents and fees.<\/p>\n\n\n\n<p>And when corporate investors close a park, many low-income residents lose their homes because they cannot afford to move their units. Instead of promoting more affordable housing, federally backed loans are causing hardship for thousands of low-income renters nationwide.<\/p>\n\n\n\n<p class=\"has-text-align-center has-background\" style=\"background-color:#e0e0e0\">Keep scrolling for more summaries about the latest news in affordable housing \ud83d\udd3d<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" style=\"font-style:normal;font-weight:600\">Homeless encampment raids in San Francisco halted by lawsuit decision<\/h2>\n\n\n\n<p>Raids on homeless encampments in San Francisco have been halted as the result of a lawsuit against the city\u2019s recent sweeps.<\/p>\n\n\n\n<p>The plaintiffs of the lawsuit include seven unsheltered residents, and the Coalition on Homelessness. They won their lower court decision by arguing that San Francisco\u2019s encampment raids violated protections for unsheltered people established by the 9th Circuit Court of Appeals <em>Boise v. Martin<\/em> decision.<\/p>\n\n\n\n<p>The 9th Circuit ruled in the case that if there is not enough appropriate shelter space, it is inhumane to punish someone for sleeping in public places. This violates the Constitution\u2019s Fourth Amendment, which outlaws \u201ccruel and unusual punishment.\u201d <a title=\"Circuit court rules that punishment for homeless is \u2018cruel and unusual\u2019 - Affordable Housing Online\" href=\"https:\/\/affordablehousingonline.com\/blog\/circuit-court-rules-that-punishment-for-homeless-is-cruel-and-unusual\/\">The 9th Circuit has upheld these rights in later decisions<\/a>.<\/p>\n\n\n\n<p>San Francisco has appealed the lower court\u2019s injunction to the 9th Circuit.&nbsp;<\/p>\n\n\n\n<p>The homeless residents have been supported in the appeal with a <a title=\"COALITION ON HOMELESSNESS; TORO CASTA\u00d1O; SARAH CRONK; JOSHUA DONOHOE; MOLIQUE FRANK; DAVID MARTINEZ; TERESA\nSANDOVAL; and NATHANIEL VAUGHN v. CITY AND COUNTY OF SAN FRANCISCO, et al. - National Low-Income Housing Coalition\" href=\"https:\/\/nlihc.org\/sites\/default\/files\/NLIHC-Amicus-Brief-April-2023.pdf\">\u201cfriend of the court\u201d brief submitted by the National Homelessness Law Center, National Alliance to End Homelessness, and National Low-Income Housing Coalition<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" style=\"font-style:normal;font-weight:600\">Less restrictive zoning grows housing supply, but not for low-income renters<\/h2>\n\n\n\n<p>Cities around the country are loosening their zoning regulations to promote more housing development. The lack of housing is the primary reason that rents have skyrocketed over the last decade.<\/p>\n\n\n\n<p>A new <a title=\"Land-Use Reforms and Housing Costs - Urban Institute\" href=\"https:\/\/www.urban.org\/research\/publication\/land-use-reforms-and-housing-costs\">study from the Urban Institute<\/a> shows that less restrictive zoning does promote more housing development. However, most of the new housing is not affordable to low-income renters.<\/p>\n\n\n\n<p>The study showed that within 9 years of loosening zoning rules, increases in housing supply were seen in the higher end of the rent spectrum but no significant increase in lower-priced rentals.<\/p>\n\n\n\n<p>The authors say that low-income renter needs must be met by providing more incentives to build affordable apartments and providing more rental assistance for those struggling with high costs.<\/p>\n\n\n\n<p class=\"has-text-align-center has-background\" style=\"background-color:#e0e0e0\">Check back every week to get the latest affordable housing news from Affordable Housing Online!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renter issues following a recent surge in corporate mobile home park takeovers is the top story in AHO\u2019s weekly affordable housing news summary.<\/p>\n","protected":false},"author":7,"featured_media":6843,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[28,37,404,38],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Corporate takeover of mobile homes is surging | Affordable Housing Online<\/title>\n<meta name=\"description\" content=\"Renter issues following a recent surge in corporate mobile home park takeovers is the top story in AHO\u2019s weekly affordable housing news summary.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/affordablehousingonline.com\/blog\/corporate-takeover-of-mobile-homes-are-surging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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