119-hr4477

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PRICE Act

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Introduced:
Jul 17, 2025
Policy Area:
Housing and Community Development

Bill Statistics

3
Actions
4
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
Yes
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Latest Action

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

Actions (3)

Referred to the House Committee on Financial Services.
Type: IntroReferral | Source: House floor actions | Code: H11100
Jul 17, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Jul 17, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Jul 17, 2025

Subjects (1)

Housing and Community Development (Policy Area)

Cosponsors (4)

(R-IA)
Sep 26, 2025
(D-CA)
Sep 9, 2025
(R-NE)
Jul 17, 2025

Text Versions (1)

Introduced in House

Jul 17, 2025

Full Bill Text

Length: 9,308 characters Version: Introduced in House Version Date: Jul 17, 2025 Last Updated: Nov 15, 2025 2:19 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4477 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 4477

To establish a manufactured housing community improvement grant
program, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

July 17, 2025

Ms. Bonamici (for herself, Mr. Bacon, and Ms. Salinas) introduced the
following bill; which was referred to the Committee on Financial
Services

_______________________________________________________________________

A BILL

To establish a manufactured housing community improvement grant
program, and for other purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

This Act may be cited as the ``Preservation and Reinvestment
Initiative for Community Enhancement Act'' or the ``PRICE Act''.
SEC. 2.

Title I of the Housing and Community Development Act of 1974 (42
U.S.C. 5301 et seq.) is amended--

(1) in
section 105 (a) (42 U.

(a) (42 U.S.C. 5305

(a) ), in the matter
preceding paragraph

(1) , by striking ``Activities'' and
inserting ``Unless otherwise authorized under
section 123, activities''; and (2) by adding at the end the following: ``
activities''; and

(2) by adding at the end the following:

``
SEC. 123.

``

(a)
=== Definitions. === -In this section: `` (1) Community development financial institution.--The term `community development financial institution' means an institution that has been certified as a community development financial institution (as defined in
section 103 of the Riegle Community Development and Regulatory Improvement Act of 1994 (12 U.
Community Development and Regulatory Improvement Act of 1994
(12 U.S.C. 4702)) by the Secretary of the Treasury.
``

(2) Eligible manufactured housing community.--The term
`eligible manufactured housing community' means a manufactured
housing community that--
``
(A) is affordable to low- and moderate-income
persons, as determined by the Secretary, but not more
than 120 percent of the area median income; and
``
(B)
(i) is owned by the residents of the
manufactured housing community through a resident-
controlled entity such as a resident-owned cooperative;
or
``
(ii) will be maintained as such a community, and
remain affordable for low- and moderate-income persons,
to the maximum extent practicable and for the longest
period feasible.
``

(3) Eligible recipient.--The term `eligible recipient'
means--
``
(A) an eligible manufactured housing community;
``
(B) a unit of general local government;
``
(C) a housing authority;
``
(D) a resident-owned community;
``
(E) a resident-owned cooperative;
``
(F) a nonprofit entity with housing expertise or
a consortia of such entities;
``
(G) a community development financial
institution;
``
(H) an Indian Tribe;
``
(I) a tribally designated housing entity;
``
(J) a State; or
``
(K) any other entity that is--
``
(i) an owner-operator of an eligible
manufactured housing community; and
``
(ii) working with an eligible
manufactured housing community.
``

(4) Indian tribe.--The term `Indian Tribe' has the
meaning given the term `Indian tribe' in
section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.
Native American Housing Assistance and Self-Determination Act
of 1996 (25 U.S.C. 4103).
``

(5) Manufactured housing community.--The term
`manufactured housing community' means--
``
(A) any community, court, park, or other land
under unified ownership developed and accommodating or
equipped to accommodate the placement of manufactured
homes, where--
``
(i) spaces within such community are or
will be primarily used for residential
occupancy;
``
(ii) all homes within the community are
used for permanent occupancy;
``
(iii) a majority of such occupied spaces
within the community are occupied by
manufactured homes, which may include homes
constructed prior to enactment of the
Manufactured Home Construction and Safety
Standards; or
``
(B) any community that meets the definition of
manufactured housing community used for programs
similar to the program under this section.
``

(6) Resident health, safety, and accessibility
activities.--The term `resident health, safety, and
accessibility activities' means the reconstruction, repair, or
replacement of manufactured housing and manufactured housing
communities to--
``
(A) protect the health and safety of residents;
``
(B) address weatherization and reduce utility
costs; or
``
(C) address accessibility needs for residents
with disabilities.
``

(7) Tribally designated housing entity.--The term
`tribally designated housing entity' has the meaning given the
term in
section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 (25 U.
Self-Determination Act of 1996 (25 U.S.C. 4103).
``

(b) Establishment.--The Secretary shall, by notice, carry out a
competitive grant program to award funds to eligible recipients to
carry out eligible projects for development of or improvements in
eligible manufactured housing communities.
``
(c) Eligible Projects.--
``

(1) In general.--Amounts from grants under this section
may be used for--
``
(A) community infrastructure, facilities,
utilities, and other land improvements in or serving an
eligible manufactured housing community;
``
(B) reconstruction or repair existing housing
within an eligible manufactured housing community;
``
(C) replacement of homes within an eligible
manufactured housing community;
``
(D) planning;
``
(E) resident health, safety, and accessibility
activities in homes in an eligible manufactured housing
community;
``
(F) land and site acquisition and infrastructure
for expansion or construction of an eligible
manufactured housing community;
``
(G) resident and community services, including
relocation assistance, eviction prevention, and down
payment assistance; and
``
(H) any other activity that--
``
(i) is approved by the Secretary
consistent with the requirements under this
section;
``
(ii) improves the overall living
conditions of an eligible manufactured housing
community, which may include the addition or
enhancement of shared spaces such as community
centers, recreational areas, or other
facilities that support resident well-being and
community engagement; and
``
(iii) is necessary to protect the health
and safety of the residents of the eligible
manufactured housing community and the long-
term affordability and sustainability of the
community.
``

(2) Replacement.--For purposes of subparagraphs
(B) and
(C) of paragraph

(1) , grants under this section--
``
(A) may not be used for rehabilitation or
modernization of units that were built before June 15,
1976; and
``
(B) may only be used for disposition and
replacement of units described in subparagraph
(A) ,
provided that any replacement housing complies with the
Manufactured Home Construction and Safety Standards or
is another allowed home, as determined by the
Secretary.
``
(d) Priority.--In awarding grants under this section, the
Secretary shall prioritize applicants that will carry out activities
that primarily benefit low- and moderate-income residents and preserve
long-term housing affordability for residents of eligible manufactured
housing communities.
``

(e) Waivers.--The Secretary may waive or specify alternative
requirements for any provision of law or regulation that the Secretary
administers in connection with use of amounts made available under this
section other than requirements related to fair housing,
nondiscrimination, labor standards, and the environment, upon a finding
that the waiver or alternative requirement is not inconsistent with the
overall purposes of this section and that the waiver or alternative
requirement is necessary to facilitate the use of amounts made
available under this section.
``

(f) Implementation.--
``

(1) In general.--Any grant made under this section shall
be made pursuant to criteria for selection of recipients of
such grants that the Secretary shall by regulation establish
and publish together with any notification of availability of
amounts under this section.
``

(2) Set aside of grant amounts.--The Secretary may set
aside amounts provided under this section for grants to Indian
Tribes and tribally designated housing entities.
``

(g) Authorization of Appropriations.--There is authorized to be
appropriated to the Secretary such sums as may be necessary to carry
out this section, which shall be in addition to any other funds
appropriated to pursuant to this title.''.
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