Promoting Resident Ownership of Manufactured Home Communities Act

This bill would require the Department of Housing and Urban Development to start a competitive grant program within one year, as part of the Community Development Block Grant program. Grants would go to places whose state, tribe, or territory has adopted model laws giving manufactured home community residents a chance to buy their community when the owner plans to sell, or that show data proving residents already have such a chance. Under the model laws, owners must give residents 60 days' written notice before accepting an offer, and must sell to a resident group that matches the offer's price and terms. Grant recipients would have to spend at least 25 percent of the money on land, sites, and infrastructure for communities owned by local governments, nonprofits, resident cooperatives, tribes, or similar owners. The bill authorizes such sums as necessary and says these grants would not reduce regular block grant formula funding.

Full text and official record on Congress.gov

Sponsors

• Maxwell Frost Democrat sponsor
• 1 cosponsors