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DE SB317
Bill
AI Summary
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Establishes new rent increase formulas for manufactured home communities valid for 5 years, replacing current requirements with three methods: increases based on 24-month Consumer Price Index (CPI-U), market rent with 7-10 year phase-in periods, or mutual written agreements for periods exceeding one year.
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Requires community owners to provide surety bonds or letters of credit equal to 100% of rent increases if health or safety violations persist beyond 15 days; if violations are not corrected within one year, funds are refunded to affected homeowners.
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Expands and creates lot rental assistance programs: § 7022 for households at or below 40% of county median income, and new § 7022B for households between 40-55% of median income with sliding-scale rent calculations based on income level.
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Mandates 90-120 day advance written notice of rent increases to affected homeowners, homeowners' associations, and the Delaware Manufactured Home Relocation Authority (DEMHRA), with certification requirements before implementation.
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Requires county governments, Department of Health and Social Services, and Department of Natural Resources and Environmental Control to notify local/state elected officials, the Department of Justice, and DEMHRA of any health or safety violations found in manufactured home communities.
Legislative Description
An Act To Amend Title 9, Title 16, Title 25, And Title 29 Of The Delaware Code Relating To Manufactured Home Communities.
Last Action
Signed by Governor
6/30/2022