PRICE Act

HR 4477, the PRICE Act, creates a new federal grant program to improve affordable manufactured housing communities. It provides funds for infrastructure, repairs, safety upgrades, and community services in communities that are affordable to low- and moderate-income residents (at or below 120% of area median income) and either owned by residents or committed to remaining affordable. Eligible projects include replacing homes (excluding pre-1976 units), weatherization, accessibility modifications, and resident services like eviction prevention. The program prioritizes projects that preserve long-term affordability for low-income residents and is open to community groups, local governments, tribes, and nonprofit housing organizations.