Completed forms should be mailed to The Loftin Form at the above address or may be given to HOA President, Janice Yates, space #17, to be mailed for you.

2008 MPROP Certification Form   MPROP Certification of Resident Support.

2008 MPROP Eligibility Questionnaire Form  Also know as the Income Survey.

Daily Breeze (5/31/07)

Easyreader (5/17/07)

Below is a list of some of the Parks converted by The Loftin Firm:

Madrid Manor (1985); Sierra Vista (1987); Meadows (1988); Chumash Village (1989); Solomar (1989); Orange Tree (1990); San Luis Obispo Bay Estates (1990); Casitas Del Sol (1992); Blue Skies Village (1991); San Marcos View Estates (1994); Twin Oaks Valley (1995); Rancho Carlsbad (1998); Pecan Park (2000); Royal View Gardens (2002); El Dorado (2004).

(a) Impact of Conversion.

Under the California Government Code and the Mobilehome Residency Law, the converter is required, as a condition of conversion, to prepare a tenant impact report to set forth the impact of the conversion on the Resident Households who elect not to purchase the Space on which their Manufactured Home is situated. Further, the rental increase amount, which may be charged by the Owner of the Space subsequent to the conversion, is specified and is mandatory in 66427.5. As a result of the conversion, there will be no physical change of use. The property before and after conversion will be operated as a mobilehome park. The difference is that instead of an investor/operator/cooperative owner, the Association will operate the property.

(b) Rental Rate Increases: No Economic Displacement.

The economic displacement of non-purchasing Residents shall be mitigated by allowing the Residents who select not to purchase the Space on which their Home is situated to continue their tenancy in the Park under the California Subdivision Map Act rental increase restrictions ("Map Act Rents"). The Map Act Rents are based upon two (2) formulas: 1) one formula for permanent non-low income households, and 2) one formula for permanent Low Income Households, as defined in California Health & Safety Code Section 50079.5.

Non-Low Income Resident.
For the non-low income households, the base rent may be increased over a four (4)-year period to market rent. Base rent is defined as that rent which is in effect prior to the "Conversion Date". Market rent is established by an appraisal "conducted in accordance with nationally recognized appraisal standards." The reason the rents are raised to market over a four (4)-year period is to allow the adjustment of rents, which under rent control have remained artificially low, to occur gradually. This protection for the otherwise financially advantaged Resident Households also provides time for those households to plan for the rental adjustment to market.

Low Income Households.
The State has emphasized its goal of protecting housing for the low income population of California in 66427.5. The Low Income Households receive a guarantee of reduced rental increases beyond that which any local jurisdiction can enact under the current rent control cases and laws of California. Low income is defined in 66427.5 by referencing California Health & Safety Code Section 50079.5, which in turn defines Low Income Households as persons and families whose income does not exceed the qualifying limits for lower income families as established and amended from time to time pursuant to Section 8 of the United States Housing Act of 1937. The base rental increase is the average increase for the previous four (4) years, but shall not exceed the consumer price index ("CPI") average monthly percentage increase for the most recently reported period. The other qualifying requirements, including, without limitation, asset limitations, shall be as defined in the United States Housing Act of 1937, as amended from time to time. Low Income Households are protected for the entire term of their tenancy.