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Congress·In Committee·S. 943

Sen. Cortez Masto Introduces PRICE Act to Fund Improvements for Manufactured Housing Communities

PRICE Act

about 1 year ago·View on Congress.gov

Stalled

No legislative action in over 90 days.

Legislative Progress

Senate
House
President
Law

Key Points

  • The PRICE Act creates a new grant program to help fix up manufactured housing communities, commonly known as mobile home parks. This federal money would be used to repair infrastructure like roads and water lines, fix existing houses, or build new community centers and playgrounds.
  • The program is designed to help low- and moderate-income families. To qualify for the grants, a community must be owned by the residents themselves through a cooperative or promise to keep housing costs affordable for a long time. Local governments, nonprofits, and Tribal groups are also eligible to apply for the funds.
  • Grants can be used to make homes safer and more energy-efficient, which helps families save money on monthly utility bills. The money can also be used to add ramps or other features to help residents with disabilities live more comfortably in their homes.
  • For very old mobile homes built before June 1976, the program provides money to replace them with newer, safer models that meet modern building standards. It also funds services like eviction prevention and help with down payments to keep people in their homes.
  • The bill allows for the expansion of existing communities or the construction of new ones to increase the amount of affordable housing available. It also sets aside specific funding for Indian Tribes to improve housing on Tribal lands.
Housing

Impact Analysis

Personal Impact

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions
Mar 11, 2025Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Mar 11, 2025

Introduced in Senate

Related Bills

1 bill

Source Information

Document Type

Congressional Bill

Official Title

PRICE Act

Bill NumberS 943
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsor

Cosponsors

(8)
D: 7I: 1

Analysis generated by AI. Always verify with official sources.