Manufactured home communities in the Centennial State provide affordable housing options for residents. These communities consist of individual lots where residents own or rent their homes, while the land itself is owned and managed by a community operator. This arrangement allows residents to enjoy the benefits of homeownership at a lower cost than traditional site-built homes. For example, a community might offer amenities like a clubhouse, swimming pool, or playground, adding value for residents.
This form of housing plays a significant role in Colorado’s housing landscape, offering a crucial source of affordable living, particularly for retirees, families, and individuals on fixed incomes. Historically, these communities catered primarily to a retiree population, but the demographic has broadened in recent years to encompass a wider range of age groups and socioeconomic backgrounds. This shift reflects the growing need for affordable housing solutions amidst rising housing costs statewide.
