The PRICE Act would add a new section to the Housing and Community Development Act to create a competitive grant program called the Preservation and Reinvestment for Community Enhancement. The Department of Housing and Urban Development (the Secretary) would award grants to approved recipients to develop or improve manufactured housing communities. Eligible recipients include resident-owned communities and cooperatives, units of local government, housing authorities, nonprofits with housing expertise, community development financial institutions, Indian Tribes and tribally designated housing entities, States, and other owner-operators working with eligible communities. Grants may pay for community infrastructure, utilities, land/site acquisition, planning, reconstruction or replacement of homes, resident health/safety/accessibility work, relocation assistance, eviction prevention, down payment help, and shared community spaces. The bill limits rehabilitation or modernization funding for units built before June 15, 1976; replacement is allowed only if the new homes meet federal construction standards or as the Secretary allows. The Secretary may set aside funds for tribes, may waive some administrative requirements (but not fair housing, nondiscrimination, labor standards, or environmental rules), and must publish selection criteria. The bill authorizes "such sums as may be necessary" to carry out the program but does not set a specific dollar amount.
If you live in or manage a manufactured housing community, this bill would create a federal grant program that could pay for repairs, home replacement, infrastructure work (roads, utilities), accessibility upgrades, and services like relocation help and eviction prevention. Resident-owned communities and cooperatives are explicitly eligible to apply. Tribes and tribal housing entities are eligible and may receive set-aside funding. Before money is available, Congress would need to provide funds because the bill only authorizes spending, it does not appropriate specific amounts.
The bill authorizes funding by stating there are "such sums as may be necessary" but does not include a specific appropriation amount or an estimate of cost. No publicly available information on total expected federal costs is included in the bill text or provided metadata.
The bill text and sponsor list show the measure is intended to create a grant program to preserve and improve manufactured housing communities and to support long-term affordability, resident safety, and community infrastructure. Sponsors introduced it to provide funds to resident-led communities, tribes, nonprofits, and other eligible entities for these purposes.
No publicly available information.