- Associated Press - Saturday, January 2, 2016

CONCORD, N.H. (AP) - Residents of Green Meadows Mobile Home Park in Concord have closed on the purchased of their 109-unit park, making it New Hampshire’s 115th resident-owned manufactured home community.

They formed the Freedom Village Cooperative in August to convert the privately owned park into a resident-owned community. They received help from ROC-NH, a statewide program of the New Hampshire Community Loan Fund.

The cooperative negotiated with park owners James and Kathy Grappone for the purchase price of $4.25 million before finalizing the deal with a mortgage from the Community Loan Fund.

“I think everyone in the park was shocked the day we received our 60-day notice that the park was being sold,” said Freedom Village’s president, William Stetson. “It seemed to be an overwhelming task to be able to purchase the park and have control over our own destiny.”

Co-op Secretary Fay Waterman said she was proud of her neighbors for taking on the challenge of buying and managing their community.

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