The Virginia Department of Housing and Community Development (DHCD) has developed a draft application for the Department of Housing and Urban Development (HUD)’s Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Grant. The PRICE grant is intended to preserve long-term housing affordability for residents of manufactured housing or manufactured housing communities, to redevelop manufactured housing communities, and to primarily benefit low- and moderate-income (LMI) residents. Congress appropriated $225 million for competitive grants to preserve and revitalize manufactured housing and eligible manufactured housing communities and DHCD is eligible to apply for up to $75 million.
Funds can be used for:
- Repair, revitalization, or replacement of manufactured housing;
- Development or improvement of infrastructure that supports manufactured housing units;
- Land and site acquisition;
- Resident and community services including relocation assistance and eviction prevention;
- Environmental improvements and activities to increase resilience to natural hazards; and
- Planning activities
DHCD is requesting written comments on the application draft be sent via email to feedback.ppc@dhcd.virginia.gov before 5 p.m. on Friday, May 31, 2024.
Comments received after this time will not be accepted. Additionally, DHCD will outline the PRICE application and accept feedback on anticipated needs, statewide goals, and use of funds at a virtual public hearing on May 21, 2024, from 1:00- 2:00 p.m.
Registration for this public hearing can be made here. We look forward to hearing from you as we develop this application!
If you have any additional questions regarding these sessions, contact Chloe Rote at chloe.rote@dhcd.virginia.gov
We look forward to hearing from you!
