I 
119TH CONGRESS 
1ST SESSION H. R. 4969 
To direct the Secretary of Housing and Urban Development to investigate 
and report on the prices for pad sites in manufactured home commu-
nities, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
AUGUST 12, 2025 
Mr. VASQUEZ (for himself and Mr. RUIZ) introduced the following bill; which 
was referred to the Committee on Financial Services 
A BILL 
To direct the Secretary of Housing and Urban Development 
to investigate and report on the prices for pad sites 
in manufactured home communities, and for other pur-
poses. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Keep Mobile Homes 
Affordable Act’’. 
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SEC. 2. HUD INVESTIGATION AND REPORT ON PRICES FOR 
PAD SITES IN MANUFACTURED HOME COM-
MUNITIES. 
(a) INVESTIGATION.—The Secretary of Housing and 
Urban Development (hereafter referred to as the ‘‘Sec-
retary’’) shall conduct an investigation to determine if the 
prices for pad sites in manufactured home communities 
are— 
(1) being manipulated by any form of market 
manipulation; or 
(2) artificially increased through price gouging 
practices. 
(b) REPORT.— 
(1) IN
GENERAL.—Not later than 270 days 
after the date of the enactment of this Act, the Sec-
retary shall submit to the Congress and make avail-
able on a public website of the Department of Hous-
ing and Urban Development a report on the inves-
tigation conducted under subsection (a). 
(2) CONTENTS.—The report shall include— 
(A) a long-term strategy for the Depart-
ment of Housing and Urban Development and 
the Congress to address manipulation of prices 
for pad sites in manufactured home commu-
nities, and in preparing the strategy the Sec-
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retary shall utilize data on race, gender, and so-
cioeconomic status; and 
(B) a description and analysis of how insti-
tutional investors in manufactured home com-
munities impact seniors and underserved com-
munities. 
(c) EXEMPTION
FROM
PAPERWORK
REDUCTION 
ACT.—Chapter 35 of title 44, United States Code, shall 
not apply to the collection of information under subsection 
(a). 
SEC. 3. INVESTIGATIONS OF EXCESSIVE MANUFACTURED 
HOME PURCHASES. 
(a) IN GENERAL.—The Secretary shall monitor pur-
chases of manufactured homes and pad sites for manufac-
tured homes in each housing market area in the United 
States, as determined by the Secretary, to determine 
whether any single purchaser of such homes or pad sites, 
including any purchaser that is an institutional investor, 
is purchasing an excessive amount of such homes or pad 
sites made available for sale in any such market area. If 
the Secretary determines that, beginning on January 1, 
2015, any single purchaser has purchased more than 
2,500 manufactured homes or pad sites for manufactured 
homes made available for sale in any market area, the Sec-
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retary shall conduct an investigation to determine if such 
purchaser has engaged in— 
(1) price gouging; 
(2) rental increases that are significantly above 
the area’s median rent price increase; or 
(3) failure to provide utilities. 
(b) REPORT.—Not later than 1 year after the conclu-
sion of an investigation conducted pursuant to subsection 
(a), the Secretary shall submit to the Congress and make 
available on a public website of the Department of Hous-
ing and Urban Development a report of such investigation. 
SEC. 4. DEFINITIONS. 
In this Act: 
(1) MANUFACTURED HOME.—The term ‘‘manu-
factured home’’— 
(A) has the meaning given the term in sec-
tion 603 of the National Manufactured Housing 
Construction Safety and Standards Act of 1976 
(42 U.S.C. 5402); and 
(B) includes any structure described in 
such section 603 without regard to— 
(i) whether the structure complies 
with any standards under such Act; and 
(ii) the date of the manufacture of the 
structure. 
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(2) MANUFACTURED HOME COMMUNITY.—The 
term ‘‘manufactured home community’’ means any 
community, court, or park equipped to accommodate 
manufactured homes for which pad sites or pad sites 
and the manufactured homes, or both, are leased to 
residents to be used primarily for residential pur-
poses. 
Æ 
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