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Subcommittee backs audit and notice reforms for resident-owned and consumer cooperative manufactured-home communities
Summary
Lawmakers recommended passage of bills updating audit thresholds and notice requirements for resident-owned and consumer cooperative manufactured-home communities, citing that audit thresholds have not been updated in 25 years and these communities house thousands of households statewide.
The Senate Subcommittee on Housing recommended passage of bills to update audit and notice requirements for resident-owned manufactured-home communities and consumer cooperative associations.
Senator Reardon told the committee that resident-owned communities now represent about 9,000 households statewide and that manufactured housing makes up roughly 7 percent of the state's housing stock. The subcommittee heard that audit thresholds requiring a full audit have not been updated in 25 years and…
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