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Bill > S3264


US S3264

US S3264
PRICE Act Preservation and Reinvestment Initiative for Community Enhancement Act


summary

Introduced
11/09/2023
In Committee
11/09/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A bill to establish a manufactured housing community improvement grant program, and for other purposes.

AI Summary

This bill, the Preservation and Reinvestment Initiative for Community Enhancement Act (PRICE Act), establishes a competitive grant program administered by the Department of Housing and Urban Development (HUD) to provide funding to eligible recipients, such as local governments, resident-owned communities, and non-profit organizations, for projects that improve the health, safety, and long-term sustainability of manufactured home communities. The funds can be used for infrastructure, planning, resident services, resiliency activities, and the replacement of outdated manufactured homes. The bill prioritizes projects that primarily benefit low- and moderate-income residents and preserve long-term housing affordability in these communities.

Committee Categories

Housing and Urban Affairs

Sponsors (8)

Last Action

Committee on Banking, Housing, and Urban Affairs. Hearings held. (on 05/09/2024)

Taxonomy

Community Development and Housing Issues
  • ‐ Community and Regional Development
  • ‐ Housing and Community Development for Low and Middle Income Persons

bill text


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bill summary

Document Type Source Location Created
State Bill Page https://www.congress.gov/bill/118th-congress/senate-bill/3264/all-info 11/10/2023
BillText https://www.congress.gov/118/bills/s3264/BILLS-118s3264is.pdf 11/17/2023
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