Bill > S943

This bill establishes the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Act, which creates a competitive grant program to support and improve manufactured housing communities. The program allows eligible recipients, including resident-owned cooperatives, local governments, housing authorities, nonprofit entities, and others, to apply for grants to fund a wide range of projects such as community infrastructure improvements, housing reconstruction or replacement, resident services, land acquisition, and activities that enhance health, safety, and accessibility. Priority will be given to projects that primarily benefit low and moderate-income residents and preserve long-term housing affordability. Grants cannot be used to rehabilitate housing built before June 15, 1976, but can be used to replace such units with homes meeting modern safety standards. The bill defines key terms like "manufactured housing community" and "eligible recipient" and allows the Secretary of Housing and Urban Development to waive certain regulatory requirements (except those related to fair housing, labor standards, and environmental protections) to facilitate grant implementation. The bill authorizes appropriations necessary to carry out the program and includes a provision to potentially set aside grant amounts specifically for Indian Tribes and tribally designated housing entities.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/943/all-info