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<bill bill-stage="Introduced-in-House" dms-id="HBFE98097DF064C39B59D448B7806FADD" public-private="public" key="H" bill-type="olc"><metadata xmlns:dc="http://purl.org/dc/elements/1.1/">
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<dc:title>119 HR 4477 IH: Preservation and Reinvestment Initiative for Community Enhancement Act</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2025-07-17</dc:date>
<dc:format>text/xml</dc:format>
<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<distribution-code display="yes">I</distribution-code><congress display="yes">119th CONGRESS</congress><session display="yes">1st Session</session><legis-num display="yes">H. R. 4477</legis-num><current-chamber>IN THE HOUSE OF REPRESENTATIVES</current-chamber><action display="yes"><action-date date="20250717">July 17, 2025</action-date><action-desc><sponsor name-id="B001278">Ms. Bonamici</sponsor> (for herself, <cosponsor name-id="B001298">Mr. Bacon</cosponsor>, and <cosponsor name-id="S001226">Ms. Salinas</cosponsor>) introduced the following bill; which was referred to the <committee-name committee-id="HBA00">Committee on Financial Services</committee-name></action-desc></action><legis-type>A BILL</legis-type><official-title display="yes">To establish a manufactured housing community improvement grant program, and for other purposes.</official-title></form><legis-body id="HC9855233DFB5484394AF4E33DD58F26B" style="OLC"> 
<section section-type="section-one" id="HFEED2DE03AE746A2B0A506CF3502C34F"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the <quote><short-title>Preservation and Reinvestment Initiative for Community Enhancement Act</short-title></quote> or the <quote><short-title>PRICE Act</short-title></quote>.</text></section> <section id="H95781D381EA14862831B593D0774B511"><enum>2.</enum><header>Manufactured housing community improvement grant program</header><text display-inline="no-display-inline">Title I of the Housing and Community Development Act of 1974 (<external-xref legal-doc="usc" parsable-cite="usc/42/5301">42 U.S.C. 5301 et seq.</external-xref>) is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="H64A2E36703BA452DA40B4261C34F7A77"><enum>(1)</enum><text display-inline="yes-display-inline">in section 105(a) (<external-xref legal-doc="usc" parsable-cite="usc/42/5305">42 U.S.C. 5305(a)</external-xref>), in the matter preceding paragraph (1), by striking <quote>Activities</quote> and inserting <quote>Unless otherwise authorized under section 123, activities</quote>; and</text></paragraph> <paragraph commented="no" display-inline="no-display-inline" id="H219A02E6C0114F2596434D11243A6D6E"><enum>(2)</enum><text>by adding at the end the following:</text>
<quoted-block style="OLC" display-inline="no-display-inline" id="H5EFA2DE07DE348B7A00A87CF955E228D">
<section id="H5577A1962B664E05A3F0DBB192FBA1A2"><enum>123.</enum><header>Preservation and reinvestment for community enhancement</header>
<subsection id="HCAF0F776AD8D4BC9AE6E2AEA50D114CC"><enum>(a)</enum><header>Definitions</header><text>In this section:</text> <paragraph id="HA79990E82F5C4F7BA2C77C83654E8826"><enum>(1)</enum><header>Community development financial institution</header><text>The term <term>community development financial institution</term> 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 (<external-xref legal-doc="usc" parsable-cite="usc/12/4702">12 U.S.C. 4702</external-xref>)) by the Secretary of the Treasury. </text></paragraph>
<paragraph commented="no" display-inline="no-display-inline" id="H7F9C908B4339493D958F14AB0D4F4836"><enum>(2)</enum><header display-inline="yes-display-inline">Eligible manufactured housing community</header><text>The term <term>eligible manufactured housing community</term> means a manufactured housing community that—</text> <subparagraph id="H8796FAED2C1549699D69ACC027F585FF"><enum>(A)</enum><text>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 </text></subparagraph>
<subparagraph id="H62DE61C82AA84A3F9638984F3EDB36B6"><enum>(B)</enum>
<clause commented="no" display-inline="yes-display-inline" id="HD081E175487048929B1F5DFAE9B05B45"><enum>(i)</enum><text>is owned by the residents of the manufactured housing community through a resident-controlled entity such as a resident-owned cooperative; or</text></clause> <clause id="HBDA9245FA8AF43BE98363E63941B5FB5" indent="up1"><enum>(ii)</enum><text>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.</text></clause></subparagraph></paragraph>
<paragraph id="H682196B2BB094DF5930145F7D01ACB89"><enum>(3)</enum><header>Eligible recipient</header><text>The term <term>eligible recipient</term> means—</text> <subparagraph commented="no" display-inline="no-display-inline" id="H87546E31EE8640118412A68CA651C7AB"><enum>(A)</enum><text display-inline="yes-display-inline">an eligible manufactured housing community;</text></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="HB7D1B4D2CC784975B68A23FF05050D1C"><enum>(B)</enum><text display-inline="yes-display-inline">a unit of general local government;</text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="H9DC03402121C46CF9DA0F8AD6186FBCC"><enum>(C)</enum><text display-inline="yes-display-inline">a housing authority;</text></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="H58448CDED2EE494FB266D9A3A6145FFE"><enum>(D)</enum><text>a resident-owned community;</text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="HDCE2E034E94C4F03AFD0A17BE57299D9"><enum>(E)</enum><text>a resident-owned cooperative;</text></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="H64ED304B55804EB8933CB7088201ACC0"><enum>(F)</enum><text>a nonprofit entity with housing expertise or a consortia of such entities;</text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="HE955ABED09CB498CA3538DB79BFC8D69"><enum>(G)</enum><text display-inline="yes-display-inline">a community development financial institution;</text></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="HB3483DC6B55D490891ED64839989562C"><enum>(H)</enum><text display-inline="yes-display-inline">an Indian Tribe;</text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="H296036037D544203AFE2F1A8EFFF21D2"><enum>(I)</enum><text display-inline="yes-display-inline">a tribally designated housing entity;</text></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="HF49831CD2635486096E5CC953374CF5D"><enum>(J)</enum><text display-inline="yes-display-inline">a State; or</text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="H093B0CE48B2B486193253C4B35B02C03"><enum>(K)</enum><text display-inline="yes-display-inline">any other entity that is—</text>
<clause commented="no" display-inline="no-display-inline" id="H60C8203D4E0049D7A249D3B7278C1EFB"><enum>(i)</enum><text display-inline="yes-display-inline">an owner-operator of an eligible manufactured housing community; and</text></clause> <clause commented="no" display-inline="no-display-inline" id="HEB654525E9D346098AF65810AB20D3C5"><enum>(ii)</enum><text display-inline="yes-display-inline">working with an eligible manufactured housing community.</text></clause></subparagraph></paragraph>
<paragraph commented="no" display-inline="no-display-inline" id="HE827456FEE55419CA09BCE4C98D00940"><enum>(4)</enum><header>Indian Tribe</header><text>The term <term>Indian Tribe</term> has the meaning given the term <term>Indian tribe</term> in section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 (<external-xref legal-doc="usc" parsable-cite="usc/25/4103">25 U.S.C. 4103</external-xref>).</text></paragraph> <paragraph id="HCF854918345D466291107166F90311DC"><enum>(5)</enum><header>Manufactured housing community</header><text>The term <term>manufactured housing community</term> means—</text>
<subparagraph id="H47CF120856EC4D9598FCC7A1E73A4015"><enum>(A)</enum><text>any community, court, park, or other land under unified ownership developed and accommodating or equipped to accommodate the placement of manufactured homes, where—</text> <clause id="HBBBFB36EA6A74D3487B01ED2DF9B25A5"><enum>(i)</enum><text>spaces within such community are or will be primarily used for residential occupancy;</text></clause>
<clause id="H007AB05835194A798AB453B4073BE1EF"><enum>(ii)</enum><text>all homes within the community are used for permanent occupancy;</text></clause> <clause id="H08F54AA0B2244F6AA788CD79DD9D48E7"><enum>(iii)</enum><text>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</text></clause></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="H0D620FDBDB5D485A92314AD676C14565"><enum>(B)</enum><text>any community that meets the definition of manufactured housing community used for programs similar to the program under this section.</text></subparagraph></paragraph> <paragraph commented="no" display-inline="no-display-inline" id="HA97664718F1348EAB023DC9475329C97"><enum>(6)</enum><header>Resident health, safety, and accessibility activities</header><text>The term <term>resident health, safety, and accessibility activities</term> means the reconstruction, repair, or replacement of manufactured housing and manufactured housing communities to—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="H9647C8DC31624834BF94DE20AD92C63D"><enum>(A)</enum><text display-inline="yes-display-inline">protect the health and safety of residents; </text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="H9B1FCAD0CF224363BAF4B74A7D8C44C0"><enum>(B)</enum><text display-inline="yes-display-inline">address weatherization and reduce utility costs; or</text></subparagraph>
<subparagraph commented="no" display-inline="no-display-inline" id="H33172C073AB141868C79728D4B956B5D"><enum>(C)</enum><text>address accessibility needs for residents with disabilities.</text></subparagraph></paragraph> <paragraph id="H58F2A9A787D24F98B9E08FDEAC9DF369"><enum>(7)</enum><header>Tribally designated housing entity</header><text>The term <term>tribally designated housing entity</term> has the meaning given the term in section 4 of the Native American Housing Assistance and Self-Determination Act of 1996 (<external-xref legal-doc="usc" parsable-cite="usc/25/4103">25 U.S.C. 4103</external-xref>). </text></paragraph></subsection>
<subsection id="H946476E6274D4E84B00EB1159A057481"><enum>(b)</enum><header>Establishment</header><text>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.</text></subsection> <subsection id="H3804672AC04A416C966F0B00A7AF76C3"><enum>(c)</enum><header>Eligible projects</header> <paragraph commented="no" display-inline="no-display-inline" id="H8F9EEAEA425E45A988FEFE483B8E5236"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text>Amounts from grants under this section may be used for—</text>
<subparagraph id="HD5F9857AA3C948559856831AC90CBE49"><enum>(A)</enum><text>community infrastructure, facilities, utilities, and other land improvements in or serving an eligible manufactured housing community;</text></subparagraph> <subparagraph id="HBAA2EA31916248FEAD1A9269FEA40C09"><enum>(B)</enum><text>reconstruction or repair existing housing within an eligible manufactured housing community;</text></subparagraph>
<subparagraph id="H352ECBB77EC640FFA1D4B1E5DE3AA6D8"><enum>(C)</enum><text>replacement of homes within an eligible manufactured housing community;</text></subparagraph> <subparagraph id="H2BA6F6D9B4544DDF83583F6CCB4AAEB2"><enum>(D)</enum><text>planning;</text></subparagraph>
<subparagraph id="H283F6113A5E14FD3A3B6506DFDC40C76"><enum>(E)</enum><text>resident health, safety, and accessibility activities in homes in an eligible manufactured housing community;</text></subparagraph> <subparagraph id="H40E5E72A97A9409297A8A9D3DFBEE2D4"><enum>(F)</enum><text>land and site acquisition and infrastructure for expansion or construction of an eligible manufactured housing community;</text></subparagraph>
<subparagraph id="HA118E685C00149CF86ABEA2B052FE3AF"><enum>(G)</enum><text>resident and community services, including relocation assistance, eviction prevention, and down payment assistance; and</text></subparagraph> <subparagraph id="HA9BA4D845B1D4E98B4939CEF683FE8C3"><enum>(H)</enum><text>any other activity that—</text>
<clause commented="no" display-inline="no-display-inline" id="H0B6D2470B95C4FFD824FBAA82D3C881E"><enum>(i)</enum><text display-inline="yes-display-inline">is approved by the Secretary consistent with the requirements under this section; </text></clause> <clause commented="no" display-inline="no-display-inline" id="HC82DD0B42BF143EE9660B2AC3A3FE2C0"><enum>(ii)</enum><text display-inline="yes-display-inline">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</text></clause>
<clause commented="no" display-inline="no-display-inline" id="H0744BDE82D414FC48D0ADA74C7D68E43"><enum>(iii)</enum><text display-inline="yes-display-inline">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.</text></clause></subparagraph></paragraph> <paragraph commented="no" display-inline="no-display-inline" id="H09ECCA36ED3C416FA543E614F22860DF"><enum>(2)</enum><header>Replacement</header><text>For purposes of subparagraphs (B) and (C) of paragraph (1), grants under this section—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="HD9B07EAED05644F49C07BED17B192F8D"><enum>(A)</enum><text display-inline="yes-display-inline">may not be used for rehabilitation or modernization of units that were built before June 15, 1976; and</text></subparagraph> <subparagraph commented="no" display-inline="no-display-inline" id="H329D6949216C4ED9863CB5AB42F69C0D"><enum>(B)</enum><text display-inline="yes-display-inline">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.</text></subparagraph></paragraph></subsection>
<subsection commented="no" display-inline="no-display-inline" id="H0BB817C7314841A5855820140979809C"><enum>(d)</enum><header>Priority</header><text>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. </text></subsection> <subsection id="H0C3A2BB6A2824D0A807CBAA80A1EC749"><enum>(e)</enum><header>Waivers</header><text>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.</text></subsection>
<subsection id="H0653D560BD834577857D90CF221047F3"><enum>(f)</enum><header>Implementation</header>
<paragraph id="HC7D7803E7CE843749C3B5DC112487B26"><enum>(1)</enum><header>In general</header><text>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.</text></paragraph> <paragraph id="HC0689028423449F1ABEC4CB3BC611AD5"><enum>(2)</enum><header>Set aside of grant amounts</header><text>The Secretary may set aside amounts provided under this section for grants to Indian Tribes and tribally designated housing entities.</text></paragraph></subsection>
<subsection id="H97778015B0644D478BC3D6BBFF92FEB1"><enum>(g)</enum><header>Authorization of appropriations</header><text>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.</text></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block></paragraph></section> </legis-body></bill>

