Virginia’s First Resident-Owned Manufactured Home Community: A Milestone for Housing Stability  

Residents of Crestview Cooperative in Buena Vista recently made Virginia housing history—purchasing the land beneath their homes to become the Commonwealth’s first Resident Owned Community (ROC). The $3.95 million acquisition gives 71 families long-term stability, control, and the ability to build equity where they live.

“Until now, most homeowners rented the land beneath their homes—leaving them vulnerable to rising rents or investor sales,” said Daniel Rezai, housing attorney with Virginia Poverty Law Center. “With Virginia’s first resident-owned community, homeowners can now control their housing future and build equity without fear of losing the ground beneath them.”

A new report from Pew Charitable Trusts underscores that manufactured housing is one of the most promising—and underused—solutions to the affordable housing crisis.