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Our mobile home park was recently purchased by an out of state investor who will almost double our park fee over the next three years. I am highly concerned about our senior residents here at the park and seniors in general who live on only their Social Security and cannot afford this park fee raise. We have started a food bank in our mailbox room and have also encourage them to ask for assistance with utility costs through local city funds or through the utility company themselves. If they cannot get help with something like income-based housing/rent, they will have to move. Unfortunately, there aren't any option that are cheaper, from what I understand. We bought these 55+ mobile homes as "senior affordable housing" and assumed we would retire here and live out the rest of our lives in our homes. However, many of us will be prices out because they don't have a retirement income besides Social Security of $1,000 per month, for example. If our park fee raises to $900-$1,000 in three years as the company has notified us that they will do, what will happen to these residents or residents of other parks who are bought out by these money-hungry companies? I also have been told, but don't know for sure, that these companies are applying for and getting Freddie Mac and/or Fannie Mae loans. How is this right?? Please help do something about our vulnerable seniors! Thank you.