Senator Catherine Cortez Masto (D-NV), along with Senators Jeanne Shaheen (D-NH) and Tina Smith (D-MN), introduced the “Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Act” in the U.S. Senate on November 9. Representative Susan Bonamici (D-OR) introduced companion legislation in the U.S. House of Representatives. NLIHC has endorsed the bill.
If enacted, the bill would build on the 2022 PRICE grant program, which provides funding for home improvements and neighborhood upgrades, by making the program permanent and providing $225 million to finance it. PRICE grants can be used to construct, reconstruct, or repair manufactured housing and to improve or build facilities serving manufactured home communities in ways that protect the health and safety of residents. The bill would also allow PRICE funds to be used for other vital services, including relocation assistance and eviction prevention.
An estimated 8.5 million people – primarily low- and moderate-income – live in manufactured home communities. Manufactured housing plays a critical role in addressing the nation’s severe shortage of affordable, accessible housing, and the PRICE program provides needed resources to ensure these homes are high-quality and that residents have the water, sewer, septic, and electrical infrastructure needed for safe, healthy communities.
Learn more about the “PRICE Act” at: tinyurl.com/588v3b6v