San Lazaro Residents Will Seek Funding by December 8
The 213 households at San Lazaro must secure a $42.5 million purchase price to keep their community.
Updated on Oct. 6, 2026 in Residential
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Residents of the San Lazaro Mobile Home Park in Boulder are working to form a cooperative to purchase their community for $42.5 million by December 8, 2026. This effort follows a listing of the property earlier this year and support from local government agencies.
Why it matters
The Mobile Home Park Act grants residents a right of first refusal when a park is listed, providing a path to stabilize lot rents and prevent the displacement of families. Local authorities are assisting the effort to preserve affordable housing amid a broader statewide decline in mobile home parks.
The San Lazaro site houses 213 households and is listed for $42.5 million. Funding for the purchase includes a $15 million loan, $11.2 million from Boulder County, $11.2 million from the City of Boulder, and $5 million from state resources.
The players
Boulder County
This administrative division of the state of Colorado provides public services and oversees local legislative and financial approvals.
City of Boulder
This municipal government provides civic services and manages local infrastructure for residents within the city limits.
The details
Residents are organizing a cooperative to acquire the property and avoid the displacement seen in other Colorado communities. The purchase effort is supported by $11.2 million in funding approved by Boulder County commissioners in September 2026.
Timeline
March 2026: San Lazaro Mobile Home Park was listed for sale.
September 29, 2026: Boulder County approved funding for the purchase.
December 8, 2026: The deadline for residents to match the purchase price.
Culture Shift
This resident-led acquisition effort reflects a growing shift toward community-owned land trusts as a defense against park closures. By exercising rights under the Mobile Home Park Act, residents are countering the trend that saw the state's park count drop from 900 to 762 in seven years.
Residents are working to avoid the displacement and rent instability that occur when mobile home parks are sold to commercial developers. Successful acquisition would lock in housing costs for the 213 households currently residing at the Valmont Road property.
The takeaway
The effort to preserve the San Lazaro Mobile Home Park highlights the importance of resident organizing and government subsidies in maintaining local affordability. Other communities facing similar sales can look to this process as a model for utilizing legislative protections to secure long-term housing.
What happens next
The residents must finalize their funding strategy to reach the $42.5 million target by the December 8, 2026, deadline.
Further reading
For more on local property ownership, visit the Boulder Residential section.
Source note: This article includes information reported by Boulder Weekly.
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