Who are PathStone and ROC USA, LLC?
PathStone is a not-for-profit organization whose mission is to build family and individual self-sufficiency by strengthening farmworker, rural and urban communities. PathStone promotes social justice through programs and advocacy. Since 1969, PathStone has been dedicated to preserving affordable
housing for lower income households.
Manufactured homes represent an important source of affordable housing, especially in rural areas. We are also dedicated to helping lower income families build assets for their future, and home equity represents a key asset-building strategy. Homes in Co-op communities have been found to sell for more than comparable homes in investor-owned communities, so Co-ops are one way to help homeowners gain and preserve assets.
ROC USA, LLC helps resident corporations buy their manufactured home communities or “mobile home parks” from private community owners. ROC USA is a non-profit organization with a mission of making quality resident ownership possible nationwide.
We do this by first focusing on communities that are for sale and where homeowners have a strong likelihood of success if they choose to work as a group and buy it. Second, we have assembled local and regional non-profits that we have trained and certified to assist resident corporations through the purchase process and beyond. Third, we have developed a specialized source of financing for resident corporations who wish to buy their communities.
We know that with opportunity, technical support, and financing,
homeowner groups can buy, preserve and improve their communities.
We know because we have helped more than 250 communities do just that.