Who is CaliROC?
Mobile Home Park ROC Program of CCCD, an affiliate of ROC USA.
CaliROC is a program of the California Center for Cooperative Development. The CaliROC and ROC USA protocol is to work with willing sellers, and only approach residents after a deal is expected.
We are there the from the start of sales process to many years after escrow has closed to provide ongoing coaching and expertise to the residents.
CCCD provides education, technical assistance, and promotes the use of the cooperative structure.
The California Center for Cooperative Development (CCCD) is a nonprofit dedicated to promoting and supporting cooperatives. Since 2007, CCCD has helped develop and support many types of cooperatives, including agricultural, arts and crafts, childcare, energy, housing, shared services, and worker-owned businesses.
CCCD helps address the economic and social needs of California’s communities through cooperative enterprises. CCCD supports co-ops from pre-development and start-up ,through launch and operations to build the capacity of the board and members. CCCD further supports cooperatives with a wide variety of trainings and technical assistance.
We are proud to serve the state of California as an affiliate of the national non-profit, ROC USA to help expand the cooperative ownership model to residents of manufactured housing communities. ROCs, short for Resident Owned Communities, allow residents to take control over their monthly rent and community improvements.
The staff and board members in the CaliROC program have over 179 years of combined experience in cooperative development and 68 years in acquisitions and management in the Mobile Home Park industry.
Learn more about CCCD: www.cccd.coop/
ROC USA is a non-profit that leads a national network of non-profit affiliates, dedicated to addressing the housing crisis through the preservation of manufactured home communities as a source of affordable housing. The model was formed by Paul Bradley in the early 2000s in New Hampshire and expanded nationwide in 2008.
ROC USA helps resident corporations buy their manufactured home communities from private community owners. To do this, ROC USA affiliates, like CCCD, first identifies communities that are for sale where the homeowners living in the community have a strong likelihood of success if they choose to work as a group to purchase their community.
ROC USA , through its subsidiary ROC USA Capital, has developed a specialized source of financing to help residents purchase their communities. This capital helps expedite the purchase process for resident corporations who wish to buy their communities. This helps provide residents with a competitive edge in today's market.
Through this process, ROC USA and its affiliates hope to preserve and improve affordable communities, build assets for low- and moderate-income families and individuals, and support mutually supportive communities and leaders.
Learn more about ROC USA: https://rocusa.org/
ROC USA Capital
ROC Capital is dedicated funding that ONLY funds Resident Owned Community (ROC) purchases that are backed with a Certified Technical Assistance Provider (CTAP) like CCCD’s CaliROC program. CTAP's help ensure successful ROCs.
ROC USA® Capital, is a U.S. Treasury-certified Community Development Financial Institution (CDFI) that lends exclusively to resident owned communities supported by ROC USA affiliates. CDFIs are mission driven lenders that provide capital for underserved markets. CDFIs have access to funds from the federal and state governments and foundations, as well as traditional sources of equity.
As of February 2021, ROC USA Capital has financed 93 ROCs totaling $279.8 million.
MPRROP is designed to finance preservation of affordable mobile home parks by conversion to ownership by resident organizations or other not for profit entities.
The Mobilehome Park Rehabilitation and Resident Ownership Program (MPRROP) is a state of California program that provides subordinate low interest bridge and loans for resident-owned parks as well as infrastructure loans.
CCCD and ROC USA are contracted with the state to provide technical assistance on the MPRROP program. The program closed temporarily in January 2021 and is expected to reopen in fall, 2021.
To learn more about MPRROP: https://www.hcd.ca.gov/grants-funding/active-funding/mprrop.shtml