<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>7
<FILENAME>c68299ex21.txt
<DESCRIPTION>SUBSIDIARIES
<TEXT>
<PAGE>
                                                                      EXHIBIT 21

                      MANUFACTURED HOME COMMUNITIES, INC.
                         SUBSIDIARIES OF THE REGISTRANT

<TABLE>
<CAPTION>
                                                    State of Incorporation
                                                        or Organization
                                                    ----------------------
<S>                                                <C>
MHC Operating Limited Partnership                          Illinois

MHC Financing Limited Partnership                          Illinois

MHC Financing Limited Partnership Two                      Delaware

Blue Ribbon Communities Limited Partnership                Delaware

MHC Lending Limited Partnership                            Illinois

MHC-DeAnza Financing Limited Partnership                   Illinois

MHC-Bay Indies Financing Limited Partnership               Illinois

MHC Stagecoach, L.L.C.                                     Delaware
</TABLE>

</TEXT>
</DOCUMENT>