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US HB4477

Bill

Status

Introduced

7/17/2025

Primary Sponsor

Suzanne Bonamici

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Origin

House of Representatives

119th Congress

AI Summary

  • Establishes a competitive grant program through HUD to fund improvements in manufactured housing communities serving households at or below 120% of area median income

  • Eligible recipients include resident-owned cooperatives, local governments, housing authorities, nonprofits, community development financial institutions, Indian Tribes, and States

  • Grant funds may be used for infrastructure and utility improvements, housing reconstruction or replacement, land acquisition, weatherization, accessibility modifications, relocation assistance, eviction prevention, and down payment assistance

  • Prohibits rehabilitation of manufactured homes built before June 15, 1976; replacement homes must meet current Manufactured Home Construction and Safety Standards

  • Prioritizes grants to projects benefiting low- and moderate-income residents and preserving long-term housing affordability, with authority to set aside funds specifically for Indian Tribes and tribally designated housing entities

Legislative Description

PRICE Act Preservation and Reinvestment Initiative for Community Enhancement Act

Housing and community development

Last Action

Referred to the House Committee on Financial Services.

7/17/2025

Committee Referrals

Financial Services7/17/2025

Full Bill Text

No bill text available