To establish a manufactured housing community improvement grant program, and for other purposes.
Sponsors
Legislative Progress
IntroducedMs. Bonamici (for herself, Mr. Bacon, and Ms. Salinas) introduced …
Summary
What This Bill Does
The PRICE Act creates a new federal grant program administered by the Secretary of Housing and Urban Development (HUD) to improve manufactured housing communities (mobile home parks). The program provides competitive grants to help upgrade infrastructure, repair or replace aging homes, and support community development in these communities.
Who Benefits and How
Manufactured Housing Community Residents: The primary beneficiaries are low- and moderate-income residents of manufactured housing communities (those earning up to 120% of area median income). They benefit from improved infrastructure, safer housing, weatherization, accessibility improvements, and community amenities.
Resident-Owned Cooperatives: The bill strongly supports communities transitioning to or maintaining resident ownership through cooperatives. These resident-controlled entities receive priority for grants and support for land acquisition.
Community Development Financial Institutions (CDFIs): These specialized financial institutions are eligible recipients of grants, expanding their ability to serve manufactured housing communities.
Indian Tribes and Tribally Designated Housing Entities: The bill explicitly includes tribal entities as eligible recipients and allows HUD to set aside funds specifically for tribal communities.
Nonprofit Housing Organizations: Nonprofits with housing expertise can receive grants to help improve manufactured housing communities.
Who Bears the Burden and How
Federal Government/HUD: The Secretary of HUD must administer the new grant program, develop regulations, and provide oversight. The authorization is for "such sums as may be necessary" - an open-ended funding commitment.
Pre-1976 Manufactured Home Owners: Homes built before June 15, 1976 (pre-HUD Code) cannot be rehabilitated with grant funds - they can only be disposed of and replaced. This creates a burden for owners of older homes who may be displaced during replacement.
Key Provisions
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Eligible Uses of Grant Funds: Infrastructure, facilities, utilities, land improvements, housing reconstruction/repair/replacement, planning, health/safety/accessibility activities, land acquisition, relocation assistance, eviction prevention, and down payment assistance.
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Affordability Requirements: Eligible communities must be affordable to households at or below 120% of area median income and must maintain affordability for the longest feasible period.
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Priority for Low-Income Benefit: HUD must prioritize applicants whose activities primarily benefit low- and moderate-income residents and preserve long-term affordability.
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Waiver Authority: HUD can waive or modify program regulations except for requirements related to fair housing, nondiscrimination, labor standards, and the environment.
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Tribal Set-Aside: HUD may reserve grant funds specifically for Indian Tribes and tribally designated housing entities.
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Establishes a competitive grant program under HUD to fund improvements, infrastructure, and development in manufactured housing communities that serve low- and moderate-income residents, with a focus on preserving affordability and supporting resident-owned cooperatives.
Policy Domains
PRICE Act - Manufactured Housing Community Grants
Likely Beneficiaries
- Low- and moderate-income manufactured housing residents
- Resident-owned cooperatives and communities
- Community Development Financial Institutions (CDFIs)
- Indian Tribes and tribally designated housing entities
- Nonprofit housing organizations
- Local government housing authorities
Likely Burden Bearers
- Federal Government (HUD)
- Owners of pre-1976 manufactured homes
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of Housing and Urban Development (HUD)
- "the_secretary_treasury"
- → Secretary of the Treasury (for CDFI certification)
Key Definitions
Terms defined in this bill
A manufactured housing community that is affordable to low- and moderate-income persons (up to 120% AMI) and is either resident-owned through a cooperative or will be maintained as affordable for the longest feasible period.
An institution certified as a CDFI under the Riegle Community Development and Regulatory Improvement Act of 1994 by the Secretary of the Treasury.
Includes eligible manufactured housing communities, local governments, housing authorities, resident-owned cooperatives, nonprofits, CDFIs, Indian Tribes, tribally designated housing entities, States, and owner-operators of eligible communities.
Any community, court, park, or land under unified ownership developed to accommodate manufactured homes, where spaces are primarily for residential occupancy, homes are for permanent occupancy, and a majority are occupied by manufactured homes.
Reconstruction, repair, or replacement of manufactured housing to protect health/safety, address weatherization and utility costs, or address accessibility needs for residents with disabilities.
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology