Preservation and Reinvestment Initiative for Community Enhancement (PRICE)
Department of Housing and Urban Development
About This Grant
<p>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.). </p>
Grant Summary
Preservation and Reinvestment Initiative for Community Enhancement (PRICE) is a Department of Housing and Urban Development grant providing $1M to $5M for municipality, tribal government, nonprofit. Applications are due 2026-08-03 (open). Check eligibility and apply with FindGrants.
Focus Areas
Eligibility
- 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.
How to Apply
$1M–$5M
2026-08-03
- 1Confirm your organization is eligible for Preservation and Reinvestment Initiative for Community Enhancement (PRICE) from Department of Housing and Urban Development, checking organization type, location, and any population or project requirements.
- 2Gather the required documents and information, including your organization details, project plan, and budget figures.
- 3Draft your application narrative and budget addressing the funder's priorities and review criteria. FindGrants can draft each section for you to review and edit.
- 4Review every section against the requirements checklist, then export a submission-ready application pack and submit it to Department of Housing and Urban Development before the deadline.
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Preservation and Reinvestment Initiative for Community Enhancement (PRICE): Frequently Asked Questions
Who is eligible for the Preservation and Reinvestment Initiative for Community Enhancement (PRICE)?
Preservation and Reinvestment Initiative for Community Enhancement (PRICE) is offered by Department of Housing and Urban Development and is generally open to municipality, tribal government, nonprofit, small business, university, healthcare org, school district. It is open to organizations nationwide unless the funder specifies otherwise. Review the specific eligibility terms before applying, since funders set their own requirements around organization type, location, and the population or project being served.
How much funding does the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) provide?
Preservation and Reinvestment Initiative for Community Enhancement (PRICE) provides between $1M and $5M per award from Department of Housing and Urban Development. Actual award sizes depend on the scope of your project, available program funds, and the number of applicants, so build a budget that reflects realistic, allowable costs rather than the maximum figure.
When is the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) deadline?
Applications for Preservation and Reinvestment Initiative for Community Enhancement (PRICE) are due 2026-08-03 (open). Because deadlines can change, verify the date with the funder, Department of Housing and Urban Development, and give yourself enough time to prepare a complete, competitive application before the close date.
How do you apply for the Preservation and Reinvestment Initiative for Community Enhancement (PRICE)?
To apply for Preservation and Reinvestment Initiative for Community Enhancement (PRICE), confirm your eligibility, gather the required documents, and prepare a narrative and budget that address the funder's priorities. FindGrants guides you step by step and can draft each section, then exports a submission-ready application pack for this grant from Department of Housing and Urban Development.