PRICE Act
Sponsored By: Senator Cortez Masto, Catherine [D-NV]
Introduced
Summary
Preserve and reinvest in eligible manufactured housing communities. The PRICE Act would create a Treasury-run competitive grant program to fund repairs, replacements, infrastructure, resident services, and planning that protect long-term affordability for low- and moderate-income households.
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- Families and residents: Grants could pay for home reconstruction, replacement, weatherization, accessibility upgrades, eviction prevention, relocation assistance, and down payment help, prioritizing households at or below 120% of area median income.
- Local governments, nonprofit owners, and resident organizations: Eligible recipients include community development financial institutions (CDFIs), resident-owned cooperatives, housing authorities, states, and other owner-operators, and grants may fund land acquisition, utilities, site improvements, and community expansion.
- Indian Tribes and tribally designated housing entities: The Secretary may set aside funds and award grants directly to tribal entities, and may waive certain nonstatutory requirements to facilitate projects while preserving fair housing, nondiscrimination, labor, and environmental protections.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Grants to improve manufactured home communities
This bill would create a competitive Treasury grant program to help eligible manufactured home communities. Grants would pay for roads, utilities, rebuilding or replacing homes, planning, resident health/safety/accessibility work, land/site acquisition, and resident services like relocation, eviction prevention, and down-payment help. The program would target communities affordable to low- and moderate-income residents (not more than 120% of area median income). Grants could not be used to rehab homes built before June 15, 1976 unless replaced with homes that meet current safety standards. The Secretary could set aside funds for Indian Tribes and waive some rules (but not fair housing, nondiscrimination, labor, or environmental protections). The bill would also let Section 123 rules apply where they differ from usual Title I rules.
Sponsors & CoSponsors
Sponsor
Cortez Masto, Catherine [D-NV]
NV • D
Cosponsors
Sen. Shaheen, Jeanne [D-NH]
NH • D
Sponsored 3/11/2025
Sen. Wyden, Ron [D-OR]
OR • D
Sponsored 3/11/2025
John Hickenlooper
CO • D
Sponsored 3/11/2025
Sen. Smith, Tina [D-MN]
MN • D
Sponsored 3/11/2025
Sen. Blumenthal, Richard [D-CT]
CT • D
Sponsored 7/8/2025
Sen. Warren, Elizabeth [D-MA]
MA • D
Sponsored 7/28/2025
Sen. King, Angus S., Jr. [I-ME]
ME • I
Sponsored 3/9/2026
Sen. Hassan, Margaret Wood [D-NH]
NH • D
Sponsored 10/22/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov