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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3264 Introduced in Senate (IS)]

<DOC>

118th CONGRESS
  1st Session
                                S. 3264

    To establish a manufactured housing community improvement grant 
                    program, and for other purposes.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                            November 9, 2023

Ms. Cortez Masto (for herself, Ms. Smith, Mrs. Shaheen, and Mr. Tester) 
introduced the following bill; which was read twice and referred to the 
            Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL

 
    To establish a manufactured housing community improvement grant 
                    program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Preservation and Reinvestment 
Initiative for Community Enhancement Act'' or the ``PRICE Act''.

SEC. 2. MANUFACTURED HOUSING COMMUNITY IMPROVEMENT GRANT PROGRAM.

    (a) Definitions.--In this section:
            (1) Community development financial institution.--The term 
        ``community development financial institution'' has the meaning 
        given the term in section 103 of the Community Development 
        Banking and Financial Institutions Act of 1994 (12 U.S.C. 
        4702).
            (2) Eligible manufactured home community.--The term 
        ``eligible manufactured home community'' means a manufactured 
        home community that--
                    (A) is affordable to low- and moderate-income 
                persons; and
                    (B)(i) is owned by the residents of the 
                manufactured home community through a resident-
                controlled entity such as a resident-owned cooperative, 
                as defined by the Secretary; or
                    (ii) will be maintained as such a community, and 
                remain affordable for low- and moderate-income persons, 
                to the maximum extent practicable and for the longest 
                period feasible.
            (3) Eligible recipient.--The term ``eligible recipient'' 
        means--
                    (A) an eligible manufactured home community;
                    (B) a unit of general local government, including a 
                housing authority;
                    (C) a resident-owned community;
                    (D) a resident-owned cooperative;
                    (E) a nonprofit entity with housing expertise or a 
                consortia of such entities;
                    (F) a community development financial institution;
                    (G) an Indian Tribe;
                    (H) a tribally designated housing entity; or
                    (I) any other entity approved by the Secretary 
                working with an eligible manufactured home community.
            (4) Indian tribe.--The term ``Indian Tribe'' has the 
        meaning given the term ``Indian tribe'' in section 4 of the 
        Native American Housing Assistance and Self-Determination Act 
        of 1996 (25 U.S.C. 4103).
            (5) Low- and moderate-income persons; unit of general local 
        government.--The terms ``low- and moderate-income persons'' and 
        ``unit of general local government'' have the meanings given 
        those terms in section 102(a) of the Housing and Community 
        Development Act of 1974 (42 U.S.C. 5302(a)).
            (6) Manufactured home community.--The term ``manufactured 
        home community'' means any community, court, or park equipped 
        to accommodate manufactured homes for which pad sites, with or 
        without existing manufactured homes or other allowed homes, or 
        other suitable sites, are used primarily for residential 
        purposes, with any additional requirements as determined by the 
        Secretary, including any manufactured housing community as such 
        term is used for purposes of the program of the Federal 
        National Mortgage Association for multifamily loans for 
        manufactured housing communities and the program of the Federal 
        Home Loan Mortgage Corporation for loans for manufactured 
        housing communities.
            (7) Resiliency activities.--The term ``resiliency 
        activities'' means the reconstruction, repair, or replacement 
        of manufactured housing and manufactured home communities to 
        protect the health and safety of manufactured housing residents 
        and to address weatherization and energy efficiency needs.
            (8) Secretary.--The term ``Secretary'' means the Secretary 
        of Housing and Urban Development.
            (9) Tribally designated housing entity.--The term 
        ``tribally designated housing entity'' has the meaning given 
        the term in section 4 of the Native American Housing Assistance 
        and Self-Determination Act of 1996 (25 U.S.C. 4103).
    (b) Establishment.--The Secretary shall carry out a competitive 
grant program to award funds to eligible recipients to carry out 
eligible projects for improvements in eligible manufactured home 
communities.
    (c) Eligible Projects.--
            (1) In general.--Amounts from grants under this section--
                    (A) shall be used to assist in carrying out a 
                project for construction, reconstruction, repair, or 
                clearance of housing, facilities and improvements in or 
                serving a manufactured home community that is necessary 
                to protect the health and safety of the residents of 
                the manufactured home community and the long-term 
                sustainability of the community; and
                    (B) may be used for infrastructure, planning, 
                resident and community services (including relocation 
                assistance, eviction prevention, and down payment 
                assistance), resiliency activities, replacement of 
                outdated homes, and assistance for manufactured housing 
                land and site acquisition.
            (2) Replacement.--For purposes of paragraph (1), with 
        respect to manufactured housing that was built before 1976, 
        amounts from grants under this section may be used only for 
        replacement of that housing.
    (d) Priority.--In awarding grants under this section, the Secretary 
shall prioritize applicants that will carry out activities that 
primarily benefit low- or moderately low-income residents and preserve 
long-term housing affordability for residents of manufactured home 
communities.
    (e) Waivers.--The Secretary may waive or specify alternative 
requirements for any provision of law or regulation that the Secretary 
administers in connection with use of amounts made available under this 
section other than requirements related to fair housing, 
nondiscrimination, labor standards, and the environment, upon a finding 
that the waiver or alternative requirement is not inconsistent with the 
overall purposes of such Act and that the waiver or alternative 
requirement is necessary to facilitate the use of amounts made 
available under this section.
    (f) Implementation.--
            (1) In general.--The Secretary shall have authority to 
        issue such regulations, notices, or other guidance, forms, 
        instructions, and publications to carry out the programs, 
        projects, or activities authorized under this section to ensure 
        that such programs, projects, or activities are completed in a 
        timely and effective manner.
            (2) Fund.--The Secretary may establish a separate fund to 
        award grants under this section to Indian Tribes.
    (g) Authorization of Appropriations.--There is authorized to be 
appropriated to the Secretary such sums as may be necessary to carry 
out this section.
                                 <all>
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