Frank Adelmann Manufactured Housing Community Sustainability Act of 2026

This bill would create a federal business tax credit for owners who sell a manufactured home community (mobile home park) to a cooperative of its residents or to a qualifying nonprofit corporation. The credit would equal 75 percent of the gain from the sale, if the seller owned the property for at least two years and the land stays a manufactured home community for at least 50 years under a binding covenant (or the longest term state law allows). Both seller and buyer would have to sign and record an affidavit, and the buyer would owe a tax of 20 percent of the net sale proceeds if the covenant is violated. The credit would apply to tax years beginning after December 31, 2026.

Full text and official record on Congress.gov

Sponsors

• Ilhan Omar Democrat sponsor
• 5 cosponsors