Preservation and Reinvestment Initiative for Community Enhancement (PRICE)

HUD Forecasted CPD-2600-DC-0099

Description

HUD is issuing the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) competition NOFO to preserve long-term housing affordability for residents of manufactured housing or an MHC, to redevelop MHCs, and to primarily benefit low- and moderate-income (LMI) residents. Congress appropriated in FY2025 these competitive grants to preserve and revitalize manufactured housing and eligible manufactured housing communities and directed HUD to undertake a competition under title I of the Housing and Community Development Act of 1974, as amended (42 U.S.C. 5301 et seq.).

Eligibility

Other eligible applicants include multi-jurisdictional entities, metropolitan planning organizations, resident-controlled MHCs, cooperatives, non-profit entities (including consortia of non-profit entities), CDFIs, Tribal Applicants, and entities that partner with one or several residents of such eligible Manufactured Housing Communities or that propose to implement a grant program that would assist residents of such eligible Manufactured Housing Communities. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
Funding Details
Award Floor
$1,000,000.00
Award Ceiling
$5,000,000.00
Total Estimated Funding
$10,000,000.00
Expected Awards
3
Key Dates
Posted
April 27, 2026
Closes
N/A
Archive Date
N/A
Agency Information
Agency Name
Department of Housing and Urban Development
Agency Code
HUD
Funding Instrument
Other