HUD Awards $225M Price Grant to Revitalize Manufactured Housing
Funds to Repair, Upgrade, and Preserve Affordable housing across 26 States
The U.S. Department of Housing and Urban Development (HUD) has allocated $225 million under its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) programs to improve conditions of manufactured home communities. The grants, awarded to 17 awardees across 26 states. The initiative targets repairs, infrastructure up grades, new home creation, and transitioning manufactured housing communities (MHCs) into resident-managed models
A Lifeline for Affordable Housing
More than 22 million Americans rely on manufactured homes, which play a crucial role in the nation’s affordable housing landscape, particularly in rural and tribal areas. Recognizing their importance, HUD aims to preserve affordability and improve infrastructure while empowering residents through resident driven management models.
“This is the first federal grant program specifically designed for residents of manufactured homes,” said HUD Deputy Secretary Adrianne Todman. “Manufactured housing provides an affordable path to homeownership for families nationwide. This funding builds on HUD’s commitment to housing innovation and reducing costs.”
ROC USA TO RECEIVE $38,125,875.00
The single largest award grant, $38.1 million, was awarded to ROC USA LLC, a non-profit supporting resident ownership of manufactured housing in 12 states. The funding will enhance technical assistance and financing for resident-owned communities.
The grants aim to fund critical repairs, infrastructure upgrades, and resident services while supporting communities transitioning to resident management.
“We heard how challenging it can be to own your home, but rent the land the home sits on,” said Marion McFadden, HUD’s principal deputy assistant secretary for community planning and development. “The winning proposals invest in communities, empower residents, and prioritize long term affordability.”
