Business venture

INHS buys Auble Mobile Home Park, marking a new business venture for the organization

INHS, a regional affordable housing organization, continues to evolve its footprint by recently purchasing Auble’s former mobile home park, now known as Compass. The 138-pad manufactured community, located in both the Village of Trumansburg in Tompkins County and the Town of Covert in Seneca County, is the first of its kind added to the organization’s growing real estate portfolio in nonprofit, marking a new business venture for the organization.

INHS purchased the 51-year-old development in August 2021 with the aim of improving the community’s overall infrastructure and making health, safety and energy efficiency upgrades to existing homes over the three coming years. INHS is currently working to identify funding opportunities to make the improvements.

Future plans include removing vacant structures and replacing them with energy efficient prefab homes, repairing existing park-owned homes to ensure all safety and code issues are addressed, upgrading vacant blocks existing buildings to meet code so they can be leased at affordable rents, installing new roads, sanitation lines, street lighting and landscaping, as well as improving existing water and drainage systems, and providing financing and repair services to existing homeowners to make energy and capital improvements and improve quality of life.

“This is an exciting new undertaking for INHS that aligns perfectly with our mission to create and improve affordable housing opportunities for our communities. This will allow us not only to develop new homes, but also to provide health and safety and energy efficiency upgrades to existing homes,” said INHS Chief Executive Johanna Anderson.

She continued, “We are confident that with our access to resources, grant opportunities, and trained staff, we can truly improve this community and build an even stronger connection between Compass and the Village of Trumansburg.”

Village of Trumansburg Mayor Rodan Hart added, “The transition of Auble Mobile Home Park into the expert hands of INHS is a tremendous victory for park residents. It is also a great opportunity for the Village to join forces with the new owners of the Park on the infrastructures of this sector. I look forward to working with INHS to make dramatic improvements to the entire northwest corner of the village. »

The purchase also includes over 100 acres of additional land that could be redeveloped for future rental housing. The organization has met with community residents to discuss the ownership transition and future improvement plans, while Keynote Realty will manage the day-to-day operations of the property.

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