Two Colchester Mobile Home Parks Convert to Resident Ownership
Anne Wallace Allen
February 17, 2022 at 9:23AM
Among other funding sources, CDI used grants from the Vermont Housing & Conservation Board and loans from the Vermont Community Loan Fund to come up with $12.3 million of the purchase price for the two parks. The monthly payments will cover their mortgages, property management, maintenance and the creation of a small emergency fund.