About this grant
HUD is issuing the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) competition NOFO to preserve long-term housing affordability for residents of manufactured housing or an MHC, to redevelop MHCs, and to primarily benefit low- and moderate-income (LMI) residents. Congress appropriated in FY2025 these competitive grants to preserve and revitalize manufactured housing and eligible manufactured housing communities and directed HUD to undertake a competition under title I of the Housing and Community Development Act of 1974, as amended (42 U.S.C. 5301 et seq.).
Who can apply
Other eligible applicants include multi-jurisdictional entities, metropolitan planning organizations, resident-controlled MHCs, cooperatives, non-profit entities (including consortia of non-profit entities), CDFIs, Tribal Applicants, and entities that partner with one or several residents of such eligible Manufactured Housing Communities or that propose to implement a grant program that would assist residents of such eligible Manufactured Housing Communities. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.
What it funds
How to apply
Read the full announcement on Grants.gov before you start. Federal applications are submitted through Grants.gov (or the agency's own system) and require a Unique Entity ID from SAM.gov. Registration can take several weeks, so start early. Contact: B. Cory Schwartz · PRICE@HUD.gov · 202-402-4105
View on Grants.gov Full announcement
What are the odds for a first-time applicant?
100% of awards go to organizations new to this program, but recipient types are not reported for most awards, so the nonprofit share is unknown. Based on 17 new awards in FY2025–25. The median award is $8,329,975. Expect about 133 days between posting and deadline.
Who can apply for Preservation and Reinvestment Initiative for Community Enhancement (PRICE)?
Eligible applicants: Others (see eligibility text); Native American tribal organizations; City or township governments; Federally recognized tribal governments; State governments; County governments; Unrestricted (open to anyone). Other eligible applicants include multi-jurisdictional entities, metropolitan planning organizations, resident-controlled MHCs, cooperatives, non-profit entities (including consortia of non-profit entities), CDFIs, Tribal Applicants, and entities that partner with one or several residents of such eligible Manufactured Housing Communities or that propose to implement a grant program that would assi
When is the deadline?
Applications are due Oct 19, 2026 (this deadline has passed). Always confirm the time and time zone in the official announcement.
How much funding is available?
Individual awards: $1.0M – $5.0M. Total program funding: $10M. Expected number of awards: 3.
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