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Residents of Advance Mobile Home Park ask Commerce City for help; council orders legal review of funding options
Summary
Residents and advocacy groups urged Commerce City to help finance a resident purchase after Advance Mobile Home Park listed for $11M; council unanimously directed the city attorney to research whether Colorado law allows city funds to assist homeowners and asked staff to meet with residents.
Residents of Advance Mobile Home Park and their attorney told the Commerce City Council that the 73‑lot park at 7700 Highway 2 is listed for $11,000,000, a sale that could displace long‑term residents unless gap financing is found.
Carol Kennedy of the Colorado Poverty Law Project said state law gives residents 120 days to submit a purchase offer and that, while the residents may qualify for a roughly $7.3 million loan through Thistle Community Housing, they still face a $3.7 million shortfall. “Purchasing their park would mean that…
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