Sec. 204. Manufactured housing preservation strategy and investment
280 words·~1 min read·
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In this section, the term eligible entity means— a nonprofit organization, including a community land trust; a public housing agency or other State or local government agency, including a State housing finance agency; an Indian tribe; a cooperative resident organization formed in compliance with State law in which homeowners are members and have open and equal access to membership; and any entity that the Secretary determines to have sufficient capacity and demonstrated history of maintaining long term housing affordability in manufactured housing communities.
The Secretary shall establish a grant program to make grants to eligible entities for acquiring and preserving manufactured housing communities. Amounts from a grant under this section may be used only for— the acquisition and preservation of manufactured housing communities; such acquisition and preservation, together with costs for making improvements to infrastructure, including roads, water, and sanitary systems, common areas, and community property for acquired manufactured housing communities; or the demolition, removal, and replacement of dilapidated homes from a manufactured housing community.
The Secretary shall ensure any grantee under this section maintains a manufactured housing community for a period of not less than 60 years following receipt of the grant. The amount of any grant under this section may not exceed an amount that is equal to $30,000 multiplied by the number of manufactured home lots in the manufactured housing community for which the grant is made. The Secretary shall establish a manufactured housing technical assistance hub to make grants to eligible entities seeking to promote best practices, project planning assistance and manufactured housing community preservation.
There is authorized to be appropriated for the program under this section $500,000,000 for each of fiscal years 2021 through 2030.