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Meadowood residents complete purchase to become resident-owned community; city and partners praised
Summary
Residents of Meadowood Mobile Home Park have formed a 121-member cooperative and completed a purchase to become a resident-owned community, preserving affordable housing for older adults, council members said Sept. 2.
Meadowood Mobile Home Park residents told the Littleton City Council Sept. 2 that they have preserved their community by forming a 121-member cooperative and completing a purchase to become a resident-owned community, a model recognized last week at the Denver Regional Council of Governments’ Metro Vision Awards.
The park, an existing manufactured-home community for fixed-income older adults…
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