Legis Daily

PRICE Act

USA119th CongressHR-4477| House 
| Updated: 7/17/2025
Suzanne Bonamici

Suzanne Bonamici

Democratic Representative

Oregon

Cosponsors (6)
Zachary Nunn (Republican)Kristen McDonald Rivet (Democratic)Andrea Salinas (Democratic)Don Bacon (Republican)Josh Harder (Democratic)George Whitesides (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill establishes a new competitive grant program to support significant improvements within manufactured housing communities. It amends the Housing and Community Development Act of 1974 to create this initiative, which aims to enhance the living conditions and long-term sustainability of these communities. The program will provide financial assistance for a wide range of projects directly benefiting residents, with an emphasis on low- and moderate-income persons . Grants will be awarded to various eligible recipients , including resident-owned communities, local governments, non-profit entities, and Indian Tribes. An eligible manufactured housing community must be affordable to low- and moderate-income persons and either resident-owned or committed to maintaining long-term affordability. Funds can be utilized for critical community infrastructure , housing reconstruction or repair, and activities addressing resident health, safety, and accessibility, such as weatherization and disability access. Additionally, the program supports land acquisition for expansion, planning activities, and essential resident services like relocation assistance and eviction prevention. While grants cannot be used for rehabilitating units built before June 15, 1976, they can fund their replacement with new, compliant homes. The Secretary is mandated to prioritize applications that primarily benefit low- and moderate-income residents and ensure the preservation of long-term housing affordability . The Secretary also has the discretion to set aside funds specifically for Indian Tribes and tribally designated housing entities.
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Timeline

Bill from Previous Congress

HR 116-8489
PRICE Act

Bill from Previous Congress

HR 116-6662
PRICE Act

Bill from Previous Congress

HR 117-6082
PRICE Act of 2021

Bill from Previous Congress

HR 118-6321
PRICE Act
Mar 11, 2025

Latest Companion Bill Action

S 119-943
Introduced in Senate
Jul 17, 2025
Introduced in House
Jul 17, 2025
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-8489
    PRICE Act


  • Bill from Previous Congress

    HR 116-6662
    PRICE Act


  • Bill from Previous Congress

    HR 117-6082
    PRICE Act of 2021


  • Bill from Previous Congress

    HR 118-6321
    PRICE Act


  • March 11, 2025

    Latest Companion Bill Action

    S 119-943
    Introduced in Senate


  • July 17, 2025
    Introduced in House


  • July 17, 2025
    Referred to the House Committee on Financial Services.

Housing and Community Development

Related Bills

  • S 119-943: PRICE Act

PRICE Act

USA119th CongressHR-4477| House 
| Updated: 7/17/2025
This bill establishes a new competitive grant program to support significant improvements within manufactured housing communities. It amends the Housing and Community Development Act of 1974 to create this initiative, which aims to enhance the living conditions and long-term sustainability of these communities. The program will provide financial assistance for a wide range of projects directly benefiting residents, with an emphasis on low- and moderate-income persons . Grants will be awarded to various eligible recipients , including resident-owned communities, local governments, non-profit entities, and Indian Tribes. An eligible manufactured housing community must be affordable to low- and moderate-income persons and either resident-owned or committed to maintaining long-term affordability. Funds can be utilized for critical community infrastructure , housing reconstruction or repair, and activities addressing resident health, safety, and accessibility, such as weatherization and disability access. Additionally, the program supports land acquisition for expansion, planning activities, and essential resident services like relocation assistance and eviction prevention. While grants cannot be used for rehabilitating units built before June 15, 1976, they can fund their replacement with new, compliant homes. The Secretary is mandated to prioritize applications that primarily benefit low- and moderate-income residents and ensure the preservation of long-term housing affordability . The Secretary also has the discretion to set aside funds specifically for Indian Tribes and tribally designated housing entities.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-8489
PRICE Act

Bill from Previous Congress

HR 116-6662
PRICE Act

Bill from Previous Congress

HR 117-6082
PRICE Act of 2021

Bill from Previous Congress

HR 118-6321
PRICE Act
Mar 11, 2025

Latest Companion Bill Action

S 119-943
Introduced in Senate
Jul 17, 2025
Introduced in House
Jul 17, 2025
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-8489
    PRICE Act


  • Bill from Previous Congress

    HR 116-6662
    PRICE Act


  • Bill from Previous Congress

    HR 117-6082
    PRICE Act of 2021


  • Bill from Previous Congress

    HR 118-6321
    PRICE Act


  • March 11, 2025

    Latest Companion Bill Action

    S 119-943
    Introduced in Senate


  • July 17, 2025
    Introduced in House


  • July 17, 2025
    Referred to the House Committee on Financial Services.
Suzanne Bonamici

Suzanne Bonamici

Democratic Representative

Oregon

Cosponsors (6)
Zachary Nunn (Republican)Kristen McDonald Rivet (Democratic)Andrea Salinas (Democratic)Don Bacon (Republican)Josh Harder (Democratic)George Whitesides (Democratic)

Financial Services Committee

Housing and Community Development

Related Bills

  • S 119-943: PRICE Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted