Grants / Department of Housing and Urban Development / Department of Housing and Urban Development

FR-6700-N-99: Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Competition

Closed Closed July 10, 2024 Opportunity FR-6700-N-99 ☆ Save

This grant is closed. A newer notice from the same program is forecast: Preservation and Reinvestment Initiative for Community Enhancement (PRICE) (CPD-2600-DC-0099). Status: Expected deadline October 19, 2026. It is in our archive of Department of Housing and Urban Development notices from 2024.

• Award ceiling$75.0 million
• Award floor$500,000
• Total funding$225 million
• Expected awards25
• Cost sharingRequired
• Funding typeGrant

Key dates

Who can apply

This opportunity was open to any type of organization.

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 communities or that propose to implement a grant program that would assist residents of such eligible communities. Applicants must have a valid Universal Entity Identifier (UEI) from www.sam.gov/. Registration for SAM and Grants.gov is a multi-step process and can take four (4) weeks or longer to complete if data issues arise. Applicants without a valid registration cannot apply through Grants.gov. Complete registration instructions and guidance are provided on Grants.gov. Eligible applicants may also support or partner with residents of Colonias. Among the eligible applicants listed, both current and prospective CDBG and ICDBG recipients are encouraged to apply. Refer to the Program Definitions in Section I.A.4. to review how these terms are defined in the PRICE competition. Individuals, foreign entities, and sole proprietorship organizations are not eligible to compete for, or receive, awards made under this announcement.

More grants for nonprofits, colleges and universities, state and local governments, tribes, small businesses, businesses, individuals.

Is this a realistic fit?

• Past Community Development Block Grant- PRICE Competition awards averaged $13.2 million; this notice allows up to $75.0 million per award.
• The notice requires cost sharing or matching funds, so you must contribute part of the project cost.

What the grant funds

More than 22 million Americans currently live in manufactured housing.[1] Manufactured housing units account for approximately seven percent of occupied housing stock nationwide and fifteen percent in rural areas.[2] Manufactured housing is also the largest source of unsubsidized affordable housing in the country, making it a crucial piece of the nation’s affordable housing stock.[3] The median household income of manufactured housing unit owners is about half the median household income of site-built homeowners [4].Manufactured housing can be permanently affixed to the lot underneath or be affixed to a support and anchoring system that allows the home to be relocated more easily. Manufactured housing is subject to HUD certification requirements pursuant to the regulations set forth in 24 CFR part 3282 (Manufactured Home Procedural and Enforcement Regulation) and the Manufactured Home Construction and Safety Standards set forth in 24 CFR 3280 (see the definition of manufactured housing in 24 CFR 3280.2).There are many significant challenges that may impact housing stability for those that live in manufactured homes. Despite perceptions of manufactured housing as “mobile,” manufactured housing can be very expensive and complicated to move, and more than 90% of manufactured homes do not move after the initial installation.[5] This can present a significant challenge for owners of manufactured homes who do not own the lot underneath their unit (referred to as “homesite renters” for the purposes of this NOFO). For some manufactured homeowners that rent a lot in a manufactured housing community (MHC), there is the potential for landowners or investors to increase lot rents, forcing homesite renters to make a difficult decision: pay to move their home, pay the increased rent, or leave their valuable asset. Due to state titling laws, many prospective homeowners looking to purchase a manufactured home may have no option but to finance their home with personal property or “chattel” loans, which often have higher interest rates than typical real property mortgages – even in situations where they may own the lot their home sits on. Many older manufactured homes require repairs or enhancements to make them livable and suitable to their environment, or they are sited in hazard prone areas.

Category: Community Development, Housing.

Applying now

This notice no longer takes applications. Apply under the newer notice, CPD-2600-DC-0099, which is forecast.

The notice on Grants.gov keeps its full text and attachments, which is useful for planning a resubmission.