An example of a CHFA Multifamily Lending Mobile Home project.

Golden Hills Mobile Home Cooperative
Golden Hills Mobile Home Cooperative
CHFA customer
Golden, Colorado

Golden Hills Mobile Home Cooperative, Golden


Provide financing to help the resident cooperative purchase the park and become the owners and managers, resulting in a preservation of their homes for the long term.

Who the Project Serves

39 mobile-home households earning low income in Golden.

Community Impact

This cooperative (LMP Co-op) eliminates the homeowners' risk of displacement, gives them more control over lot rent fluctuations, and preserves affordable homeownership in Golden. This was the seventh park in Colorado structured through the ROC USA (Resident-owned Communities) model and the fourth in which CHFA participated.

Project Partners

  • Mercy Community Capital
  • KeyBank
  • Ally Bank
  • Thistle Communities

How We Got the Deal Done

$868,182 CHFA Housing Opportunity Fund (CHFA HOF) gap financing with a 10-year term

Pair with these CHFA Programs

For the manufactured home communities, we would not likely pair more than one CHFA program. These would generally be funded with CHFA HOF.

Contact Multifamily Lending

Questions? Our solution-oriented team will help you find the right program to make your project a success. 800.877.2432