In the 2025 legislative session, House Bill 426 sought to give residents of manufactured housing communities, formerly known as mobile home parks, the right to collectively purchase the land they call home (when the owner wants to sell it). Similar versions of this bill have been introduced since 2010 to no avail.
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Co-ops are starting to have a moment in the U.S. and it’s, hopefully, only the beginning. While there are still many barriers to cooperatively structuring an organization, more and more amazing resources are becoming available to fill the growing need for information and support.
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More and more people are looking to the cooperative business model as we suffer through the consequences of the anticompetitive, profit-maximizing shareholder-first approach taken by most
companies since the 1980s.
Conflicts of interest arise when a real estate broker’s interests (or the interests of someone closely related to the broker) don’t line up with the interests of the buyer or seller who hires the broker.
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Step 1: Form a Nonprofit Corporation
Step 2: Adopt Bylaws
Step 3: Get an EIN
Step 4: Apply for Tax-Exempt Status