Details
Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Competition
Congress appropriated $225 million for 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.). Of the $225 million available…of which at least $10 million is intended for Indian tribes or Tribally Designated Housing Entities and Tribal organizations designated by such Indian tribes (hereinafter referred to as “Tribal Applicants”). Tribal Applicants may request a minimum of $500,000 for the main competition. HUD has six goals for this competition including: Increase resilience to extreme weather, natural hazards, and disaster events, support energy efficiency, and protect the health and safety of manufactured housing residents. In accordance with Section 504 of the Rehabilitation Act of 1973 (29 U.S.C. 794) and implementing regulations at 24 CFR part 8, or by addressing policies preventing the rehabilitation of manufactured housing communities…utilize strategies to reduce the impacts of environmental hazards and extreme weather;Increase community resilience, especially when reconstruction, relocation, or mitigation are involved.
Estimated total program funding: $225,000,000
Award Ceiling: $75,000,000