HUD Announces $225M in Funding to Revitalize Manufactured Housing Projects

In an effort to promote manufactured homes as an affordable housing solution, the U.S. Department of Housing and Urban Development (HUD) recently awarded $225 million in grants through the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) program to preserve manufactured housing. The funding will support projects in 26 states, focusing on revitalizing manufactured housing for communities in need. With more than 22 million Americans living in manufactured homes, HUD says the funding is intended to expand housing supply, reduce costs, and promote quality, stable housing.

Funding announced today will support low- and-moderate income homeowners and residents in manufactured units and MHCs with critical investments such as repairs and rehabilitation of existing homes, accessibility upgrades, infrastructure improvements, mitigation strategies to increase resilience, resident services including eviction prevention and housing counseling, and support with transitioning existing MHCs to resident-managed communities. Funding will also enable the resident-driven redevelopment of existing manufactured housing communities - including replacing aging and inadequate units with new affordable homes, expanding existing manufactured housing communities, and acquisition of properties for the creation of resident-managed communities. Read more