Preview:
At least 26 San Antonians are poised to become landowners this month, pending the final signatures for a unique, $6 million cooperative ownership and renovation deal at a trailer park that was facilitated by the city’s housing bond.
“It would give everybody at the trailer park a sense of pride for their land,” Valerie A. Valenzuela, who has lived at Riverside Terrace Manufactured Home Community for about two years, told the San Antonio Report earlier this week. “We’re not just tenants.”
It’s the first time the city has directly invested in a project where residents have shared ownership of the land under the homes they own through a...
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NEWS BULLETIN:
The earlier article said that the residents bought their mobile home park for $6 million with 46 lots but this one says 26 lots. If that’s true, then they paid $260,000 per household so they could have the honor of living in a high-density trailer park. I hope this article is wrong on that lot count because – if not – this is a total scandal. There’s no way you can spin that as being in the best interests of anyone.