ARC Unveils Program for New Immigrants

Affordable Residential Communities Inc., a Denver-based owner and operator of manufactured home communities, has announced the introduction of its New Immigrant Program, which the company says simplifies the process of buying a home for newcomers to the United States.Under the program, ARC said it accepts a wide range of identification, allows individuals with no credit history to buy a home, sells most homes at its own cost, offers a lease with option to buy, and provides a simple financing program with minimal downpayment requirements as low as $1,000. "Manufactured home communities are an excellent alternative to renting for new immigrants, and we've now made it so the majority can buy one for their families," said ARC executive vice president Larry Brown.