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Amends the introductory matter of 42 U.S.C. 5305(a) to add an exception permitting activities otherwise authorized under newly added section 123.
Adds a new section 123 to Title I of the Housing and Community Development Act of 1974 establishing 'Preservation and reinvestment for community enhancement', a competitive grant program for eligible manufactured housing communities with definitions, eligible recipients and projects, priority, waiver authority, implementation provisions including set-asides for Indian Tribes, and an authorization of appropriations.
This bill would set up a competitive grant program to fix and improve manufactured home communities across the country. Grant money could pay for things like roads, utilities, community facilities, home repairs or replacements, planning, safety and accessibility upgrades, buying land to expand or build communities, and resident services such as relocation help, eviction prevention, and down payment assistance. It also allows other projects that improve living conditions, support community spaces, and protect residents’ health, safety, and long‑term affordability.
Projects that mainly help low‑ and moderate‑income residents and keep homes affordable would be put first in line for funding. Funds cannot be used to rehab homes built before June 15, 1976; those older units must be removed and replaced with homes that meet current safety standards or another allowed home type, as decided by the Secretary. The Secretary could waive some rules to help use the funds, but not rules about fair housing, nondiscrimination, labor standards, or the environment. The Secretary would set the grant selection rules and may reserve some funds for Indian Tribes and tribally designated housing entities. The bill authorizes whatever funding is needed for this program.
Referred to the House Committee on Financial Services.
Introduced July 17, 2025 by Suzanne Bonamici · Last progress July 17, 2025
PRICE Act
Referred to the House Committee on Financial Services.
Introduced in House