Promoting Resident Ownership of Manufactured Home Communities Act
Referred to the House Committee on Financial Services.
Summary
The bill amends the Housing and Community Development Act to require HUD to set up a competitive grant program that rewards states, tribes, or insular areas that adopt laws enabling residents to purchase manufactured housing communities. Grants go to entities that receive HUD assistance and are located in jurisdictions that have adopted the model law or can show a viable purchase opportunity. The goal is to give residents a path to own the land they live on and improve community stability.
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