Sherwood Valley originally opened in 1982 and is now a resident-owned, 171-manufactured home community.
But that transition didn’t happen overnight. We formed the Sherwood Valley Housing Cooperative Corporation, Inc. and started on the path to resident-ownership in 2017. That’s when, with the help of Cooperative Development Institute (CDI) and ROC USA, LLC, we purchased and took control of our community on Jan. 16, 2018. Sherwood Valley is proud to be the first resident-owned community (ROC) in the ROC USA family in Rhode Island.
Now, the ROC is not only a successful business, but also a thriving neighborhood.
The process of the resident-owned community buying the land beneath our neighborhood brought this community closer together. Not only do we know far more of our neighbors than ever before, but we look out for one another, too. And with no outside landlord to report to, we’re the envy of other nearby manufactured home communities.
Our Member households elect our Board of Directors, which works with a property management firm and also appoints various volunteer committees to help with special projects, celebrations, community improvements and more. The Board submits a budget every year, and the entire Membership votes on it and any changes to the rent before the budget becomes official. We’re running the business that is our community on our terms, by our rules, for the betterment of ourselves and our neighbors.
Sherwood Valley is a well-established Adult Community for people who enjoy easy access to outdoor activities, all the amenities of a city nearby, friendly neighbors who look out for each other and spend time together, like watching the local fire works from our own neighborhood. Johnson’s Pond, a 659-acre lake, is a local favorite for fishing, kayaking and hiking in the summer months, and ice skating in the winter.
With nicely paved roads, landscaped yards and a wooded feel, Sherwood Valley is a fantastic place to call home. We hold a birthday luncheon each month, have community cookouts in the summer, and are open to ideas for more activities to get to know our neighbors!
We are a 35 minute drive to the beach, and just 30 minutes to Providence. Our state’s capitol provides ample opportunities for a nice meal, shopping, a convention center, and the Roger Williams Park Zoo. Just five minutes from I-95, we can easily connect to our destination. If you’d rather not drive, the local bus picks up Members in the community. Meals on Wheels delivers in our neighborhood.
Ask anyone who lives in Sherwood Valley, and we’re sure they’ll tell you it’s a little slice of heaven.
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