PRICE Manufactured Housing Grants

Summary#

The PRICE Act creates a competitive grant program in Title I of the Housing and Community Development Act to fund improvements in manufactured housing communities. The Secretary will run the program and award grants to eligible recipients, including resident-owned communities, local governments, housing authorities, nonprofits with housing expertise, community development financial institutions, Indian Tribes and tribally designated housing entities, States, and certain owner-operators working with eligible communities.

Grants may pay for community infrastructure, utilities, land and site acquisition, reconstruction or replacement of homes, planning, resident health and safety improvements (including weatherization and accessibility), resident and community services (such as relocation assistance and eviction prevention), and other activities the Secretary approves that improve living conditions and protect long-term affordability. Eligible manufactured housing communities must be affordable to low- and moderate-income people (not more than 120 percent of area median income) and either be resident-owned or maintained as long-term affordable communities.

The Secretary must prioritize projects that primarily benefit low- and moderate-income residents and preserve long-term affordability. The Secretary may waive certain statutory or regulatory requirements (except for fair housing, nondiscrimination, labor standards, and environmental protections) if needed to use grant funds. The Secretary may set aside funds for Indian Tribes and tribally designated housing entities. The bill authorizes the appropriation of "such sums as may be necessary" to carry out the program.

What it means for you#

• If you live in a manufactured housing community, your community could apply for federal grants to repair or replace homes, improve utilities and shared spaces, and provide services like relocation help or eviction prevention.
• Resident-owned communities and resident cooperatives are eligible and are a focus for preserving long-term affordability.
• Local governments, housing authorities, nonprofits, community development financial institutions, tribes, and some private owner-operators can apply for funds to support eligible projects.
• Grants cannot be used to rehabilitate units built before June 15, 1976; replacement units must meet current Manufactured Home Construction and Safety Standards or another Secretary-approved standard.

Expenses#

The bill authorizes appropriations but does not specify a dollar amount; it says "such sums as may be necessary" to carry out the program. Grants would be awarded competitively under criteria the Secretary will publish. There is no publicly available funding schedule or cost estimate in the bill text.

Proponents' View#

No publicly available information.

Opponents' View#

No publicly available information.