Award Announcement:

On December 19, 2024, HUD announced 17 awards totaling $225 million under the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Notice of Funding Opportunity. PRICE provides grant funding to communities to maintain, protect, and stabilize manufactured housing and manufactured housing communities (MHCs).

Of the $225 million awarded through the FY23/FY24 PRICE competition, $210 million is awarded through the main PRICE competition to support low- and moderate-income homeowners with manufactured housing units and manufactured housing communities with critical investments such as repairs, infrastructure improvements, upgrades to increase resilience, services like eviction prevention and housing counseling, and planning activities such as those needed to transition to resident-managed communities. $45.9 million of this funding is awarded to Tribal applicants. $15 million is awarded through the PRICE Replacement Pilot to assist in the redevelopment of manufactured housing communities as replacement housing that is affordable.

HUD received considerable interest in the PRICE funding. Applications were submitted from more than 175 communities – representing a wide variety of demographics, geographies and population sizes – across 44 States. Successful applicants demonstrated a commitment to supporting the long-term affordability and stability of manufactured housing.

Winners of the PRICE competition will support low-and-moderate income homeowners with manufactured units and manufactured housing communities with critical investments such as repairs, infrastructure improvements, upgrades to increase resilience, services like eviction prevention and housing counseling, and planning activities such as the those needed to transition to resident-managed communities.

PRICE Awardees Fact Sheet

Awardees