PRICE Program
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The Preservation and Reinvestment initiative for Community Enhancement (PRICE) is a federal grant program funded by the US Department of Housing and Urban Development (HUD) designed to preserve and revitalize manufactured housing and eligible communities. The Commonwealth of Kentucky Department for Local Government, in partnership with the Kentucky Housing Corporation, utilizes this funding to implement the Kentucky Manufactured Housing Empowerment and Improvement Program. This initiative focuses on two primary goals: the Kentucky ROCs program, which converts manufactured housing communities into resident-owned cooperatives, and the Kentucky Targeted Owner-Occupied Emergency MHU Replacement Program, which replaces unsafe manufactured housing units built before 1976 that threaten the health and safety of low-income residents. To optimize program delivery, Substantial Amendment 1 modifies the program by splitting the budget equally, allocating 12 million dollars each to the ROCs and emergency replacement programs. Additionally, the selection process for the Kentucky ROCs program has shifted from a competitive Notice of Funding Availability to a criteria-based assessment conducted with ROC USA to ensure project feasibility and prevent price inflation. These efforts are supported by public hearings and comment periods to gather community feedback, with eligible subrecipients including units of general local government and community-based non-profit agencies across all 120 Kentucky counties.
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