Manufactured Housing Community Sustainability Act of 2026

This bill would create a federal business tax credit for owners who sell land used as a manufactured home community (mobile home park) to a resident-owned cooperative or a nonprofit corporation. The credit would equal 75 percent of the seller's gain from the sale, if the seller owned the property for at least 2 years and the property is sold with a binding promise that it will stay a manufactured home community for at least 50 years (or the longest term allowed by state law). Both buyer and seller must sign an affidavit, which the buyer records and the deed references. If the buyer later breaks the 50-year promise, the buyer would owe a tax equal to 20 percent of the net sale proceeds. The credit would apply to tax years beginning after December 31, 2026.

Full text and official record on Congress.gov

Sponsors

• Jeanne Shaheen Democrat sponsor
• 2 cosponsors