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UCI Law’s Community & Economic Development Clinic Helps Farmworker Community Purchase Its Mobile Home Park, Protect Affordability
IRVINE, Calif. (March 6, 2024) — Comunidad Nuevo Lago, Inc., a resident-controlled nonprofit, closed escrow on its purchase of Shady Lakes Manufactured Housing Community (“Shady Lakes”) for $7.625 million on Thursday, Feb. 29. This acquisition, which will ensure long-term affordability for residents, marks a significant milestone after several years of organizing to purchase the park.…
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KQED: To Fight Rising Rents, These Fresno County Residents Bought Their Mobile Home Park
UCI Law’s Community and Economic Development Clinic helped park residents secure funding for the purchase through California’s Manufactured Housing Opportunity & Revitalization Program program and the Farmworker Housing Grant Program.