Millineum Housing

660 Newport Center Drive, Suite 1020 | Newport Beach, CA 92660

(949) 515-5100 | (949) 515-5101 fax

• About Us
• Communities
• Links & Literature
• Press Releases
• Reports

Millennium Housing was formed in 1991 under its original name, Corporation for Affordable Communities and Homes. Millennium grew out of the efforts of mobile home leaders to organize and support mobile home residents in preserving their homes and lifestyles.

Our founding board members included a former president of GSMOL, the statewide mobilehome residents’ association, as well as other resident leaders. For the first several years we attempted to organize residents to buy their own parks as well as acquire parks on the residents’ behalf. We learned that in most cases direct resident ownership is not feasible, so over time our mission evolved into the purchase, rehabilitation and operation of parks as a substitute for direct resident ownership.

In order to emphasize our new focus and strength, we changed our name to Millennium Housing and modified our Board of Directors to include a City Redevelopment Official; a business and charity leader with experience in the securities market and mobilehome park finance; a mobilehome leader who manages City- and Resident-Owned Parks; and a businessman with a background in mobilehome park insurance and management.

In 2000 George Turk became President of Millennium. George and his team created the successful non-profit mobilehome program that served as the model for Millennium’s new direction.

Millennium uses tax-exempt revenue bonds and other financing, plus grants and loans from Redevelopment Agencies if available, to acquire mobilehome parks. This favorable financing enables Millennium to operate our communities at more affordable rents than would be needed if the homeowners had bought the park.

Each community we acquire has a long-term Regulatory Agreement recorded on the property to ensure that we achieve the goals of the City and resident group for that specific community. The Regulatory Agreement contains limits on rent increases and outlines how the park will be operated.

Our mobilehome communities have either a Homeowners’ Association or Resident Advisory Board. If one does not already exist in the park, we help our residents form one. Once the Resident Advisory Board is organized, we encourage our residents to actively participate in helping us set goals, priorities, rules, budgets, etc. in order to operate the community in a cooperative fashion. Our program stipulates that Millennium receives only a small administrative fee, with the remaining park cash flow reinvested in the community for such things as capital improvements, additional services, rental assistance or improved maintenance.

From its humble beginnings, Millennium has become a leading buyer of mobilehome parks in California and a forceful advocate for the preservation of affordable, quality mobilehome living.