SB 1092 (Allen)
HOME sponsor: NPHS Inc
The Problem
Current law incentivizes private equity to buy manufactured housing communities when they go up for sale.
Opportunities to preserve unsubsidized affordable housing are especially important today when the state’s affordable housing funding is oversubscribed, and our existing housing stock is under increasing threat from climate disasters.
Communities across the state and country are recommending policy changes to protect affordability of mobilehomes and provide opportunities to resident organizations or other nonprofit entities to purchase and preserve the parks.
Current California law governing mobilehome park closures or changes of use requires a tenant impact report and relocation plan to be submitted to a local jurisdiction for review and approval.
However, noticing to residents only needs to happen 60 days in advance of the hearing and no noticing is required to HCD or any qualified entities about an opportunity to purchase.
Previous attempts at resident purchasing of parks have taken many months to years to be successful.
The Solution
TDLR: If park goes up for sale – residents have the first right of refusal to buy
SB 1092 creates a real pathway for residents to offer competitive bids to preserve their communities. The bill provides that if a mobilehome park owner receives an offer for the sale, lease, or transfer that management intends to accept, they must provide residents or their designated representative the opportunity to offer a competitive bid to purchase the park. The bill defines reasonable timelines to support residents in their acquisition of support and financing.
Contact for questions: Ryan Sears, ryan@nphsinc.org