Preservation and Reinvestment Initiative for Community Enhancement (PRICE)
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The Department of Housing and Urban Development is issuing the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) competition to preserve long-term housing affordability and redevelop manufactured housing communities. These competitive grants, appropriated by Congress in FY2025 under title I of the Housing and Community Development Act of 1974, are specifically designed to benefit low- and moderate-income residents. This forecast opportunity is managed by the Department of Housing and Urban Development under NAICS code 925120. Interested parties can contact B. Cory Schwartz for further information via email at price@hud.gov or by phone at 202-402-4105.
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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.).
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