Cotton Farm Danville NH

Guy and other residents learned that buying the park cooperatively would put the residents in charge. They could vote each year on the co-op's budget, set the rules, and decide what got fixed and when. The Community Loan Fund’s ROC-NH™ program could help finance the park purchase and then continue to provide training and coaching to help the cooperative be successful.

Back in 1998, the residents successfully formed a cooperative but were unfortunately outbid by a New York real estate developer at the auction.

Four years later, the residents put in a larger offer to the new owner and were close to an agreement. But the deal fell through at the last minute.

Guy was devastated but remained hopeful. His belief in the ROC model was so strong that he continued to keep the cooperative going by filing an annual report with the state and paying a fee for the next two decades.

“I just felt so comfortable in the park and the community that I felt strong enough just to keep things going… on the hope that there would come a day that we would become a resident-owned community,” Guy said.

On May 29, Guy and Sarah signed the paperwork to close on the purchase of their land, financed with a mortgage from the Community Loan Fund and our mission-aligned partners.

Sarah said resident ownership of the park means peace and security for her family, which includes two children.

“I love living here!" she added.

Guy hopes that families like Sarah’s will have a better future at Cotton Farm Village now that it’s resident owned.

“We do rely on each other now, and I think that's going to make it more secure — not so much for me, but for the younger families that have kids that they're raising,” he said. “They know that they're in a secure situation and that there's nobody going to come in and pull a rug from underneath them. We're in charge of our own destiny.”

This article was published in the New Hampshire Community Loan Fund’s 2025 annual report.

Persistence Pays Off for Residents Purchasing Cotton Farm Village Cooperative

Third Time's the Charm

One last chance

Celebrating security

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