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NOFO Published and Upcoming Webinars on Preservation and Reinvestment Initiative for Community Enhancement

HUD published the new Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Notice of Funding Opportunity (NOFO).

Congress appropriated $225 million for competitive grants to preserve and revitalize manufactured housing and eligible manufactured housing communities. Of the amount available, $200 million is reserved for the main PRICE competition, of which at least $10 million is intended for Indian Tribes or Tribally Designated Housing Entities and Tribal organizations designated by such Indian Tribes, and $25 million is reserved for a pilot program to assist in the redevelopment of manufactured housing communities as replacement housing that is affordable.

  • PRICE Main ($200 million) focuses on affordable housing preservation by encouraging revitalization and enhancement activities to preserve existing manufactured housing communities and manufactured housing units, including the repair, rehabilitation, and replacement of existing manufactured homes; infrastructure improvements; and planning and resilience activities.
  • PRICE Replacement Pilot ($25 million) focuses on the redevelopment of manufactured housing communities as replacement housing to benefit households living in substandard housing or in disaster-prone areas, and includes activities such as construction of replacement housing, relocation assistance, buy-outs, and down payment assistance.

Note: The PRICE NOFO is published on grants.gov and the application deadline is Wednesday, June 5, 2024, at 11:59 PM EDT.
View the PRICE NOFO

Learn more about the PRICE NOFO on HUD.gov. Contact PRICE@hud.gov with questions about the PRICE NOFO.

PRICE NOFO Webinars

HUD is hosting a series of webinars to educate prospective PRICE applicants about the intent of PRICE, applicable Community Block Development Grant (CDBG) regulations, considerations for Tribal applicants, and application must-haves.

Audience

HUD grantees and interested applicants in the PRICE competition are highly encouraged to attend.

Schedule and Registration

The webinars will cover a variety of topics on the dates listed below from 3:00-4:00 PM ET. To register for the webinars, please visit the PRICE NOFO Webinars page on HUD.gov.
Register for the Webinars
Webinar Title Date and Time
PRICE NOFO Walk-thru March 6, 2024
CDBG 101 and PRICE NOFO
Appendices and Regulations Webinar		 March 13, 2024
PRICE NOFO and Tribal Applicants March 20, 2024
PRICE Application Must-haves and FAQs March 27, 2024
PRICE NOFO Civil Rights, Fair Housing,
and the Uniform Relocation Act Requirements		 April 3, 2024
PRICE NOFO Resilience, Climate,
and Disaster Recovery Considerations		 April 10, 2024
PRICE NOFO Eligibility, Public Participation,
and Partnerships Considerations		 April 17, 2024
PRICE NOFO Office Hours and FAQs April 24, 2024

Stay Up to Date on Manufactured Housing and PRICE

We are also pleased to announce the launch of the Manufactured Housing and PRICE page on the HUD Exchange. Additional manufactured housing and PRICE-related resources, tools, and training will be posted to the page as they become available.
         
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This material is based upon work supported by funding under an award with the U.S. Department of Housing and Urban Development. The substance and findings of the work are dedicated to the public. Neither the United States Government, nor any of its employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately-owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the U.S. Government or any agency thereof. Opinions expressed on the HUD Exchange are those of the authors and do not necessarily reflect the official position of, or a position that is endorsed by, HUD or by any HUD program.