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Allenstown, Keene, and North Conway, NH
Allenstown, Keene, and North Conway, NH
On July 19, 2019 the owners in three communities across the state—Bear View Crossing in Allenstown, Black Bear Village in North Conway, and Tanglewood Estates in Keene, all purchased the land and infrastructure supporting their communities from individual private owners and formed nonprofit cooperatives. This $48 million investment was funded through the New Hampshire Community Loan Fund. Since this change, board members have acted in the public interest to have vacant pads developed and make improvements to the community.
National Association of Housing Cooperatives, “Trio of Community Purchases Preserves Nearly 900 Affordable Homes in New Hampshire,”
https://coophousing.org/trio-of-community-purchases-preserves-nearly-900-affordable-homes-in-new-hampshire/
North Conway’s Black Bear Village resident-owned community (ROC) on a snowy day.