Coventry Courier: Residents take ownership of Sherwood Village
Kendra Lolio | email@example.com Jan 18, 2018
COVENTRY — Sherwood Village Mobile Home Park is now officially owned by the residents and more than 170 homeowners that reside there. This week neighbors celebrated the $7.5 million purchase that now makes the village off Hill Farm Road a resident-owned Cooperative Corporation.
Members of the community say the purchase is a step toward greater financial security.
“It was a great feeling of security for those of us who are on a fixed income to know that we will be able to maintain our place,” said Audrey Pickering, President of the new Cooperative Corporation. “Now, we have a slight increase, but we know we can do it."
Courtesy of The Coventry Courier