Bill > HR4969

This bill, called the "Keep Mobile Homes Affordable Act," directs the Secretary of Housing and Urban Development (HUD) to conduct two key investigations related to manufactured home communities. First, the Secretary must investigate whether pad site prices (the ground rent for placing a manufactured home) are being manipulated or artificially increased through price gouging. Within 270 days, HUD must submit a report to Congress that includes a long-term strategy for addressing price manipulation, utilizing data on race, gender, and socioeconomic status, and analyzing how institutional investors impact seniors and underserved communities. Second, the bill requires HUD to monitor and investigate any single purchaser (including institutional investors) that buys more than 2,500 manufactured homes or pad sites in a single market area, looking for potential issues such as price gouging, excessive rental increases, or failure to provide utilities. The bill broadly defines "manufactured homes" to include various types of structures intended for residential use, regardless of their compliance with existing safety standards. These investigations aim to protect manufactured home residents from potential market abuses and provide transparency into the manufactured home community landscape.

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https://www.congress.gov/bill/119th-congress/house-bill/4969/all-info