Preservation and Reinvestment initiative for Community Enhancement (PRICE) Program
The Department of Local Government (DLG) announces the availability of the Preservation and Reinvestment initiative for Community Enhancement (PRICE) grant application. DLG will conduct a public hearing to gain input and feedback regarding the submission of the PRICE grant application.
PRICE grant application public noticeThe meeting will be held as follows:
Date: Monday, June 17, 2024
Time: 12:00 PM EDT
Location: Kentucky Housing Corporation West Annex Board Room – 1231 Louisville Road, Frankfort, KY 40601
Register and Attend Virtually
DLG/HUD PRICE Application
The US Department of Housing and Urban Development (HUD) issued a Notice of Funding Opportunity (NOFO) which appropriates $225 million in competitive grant funding for the preservation and revitalization of manufactured housing and eligible manufactured housing communities. Congress directed HUD to undertake a competition using the Community Development Block Grant (CDBG) statutory and regulatory framework for this first-of-its-kind initiative. The Preservation and Reinvestment Initiative or Community Enhancement supports communities in their efforts to maintain, protect, and stabilize manufactured housing and manufactured housing communities (MHCs).
The Commonwealth of Kentucky Department for Local Government (DLG), in partnership with Kentucky Housing Corporation (KHC), proposes to use PRICE Main funding to launch the Kentucky Manufactured Housing Empowerment and Improvement Program to achieve two primary goals across the state:1) Kentucky ROCs - preserve and improve existing manufactured housing communities by acquiring and converting them to resident-owned cooperatives, and 2) Kentucky Targeted Owner-Occupied Emergency MHU Replacement Program - replace unsafe manufactured housing units (MHUs) constructed prior to the 1976 implementation of the Manufactured Home Construction and Safety Standards Program (HUD Code) that pose a threat to the health and safety of low income Kentuckians. PRICE subrecipients will be selected for both activities via a competitive Notice of Funding Availability (NOFA) for which Units of General Local Government and community-based non-profit agencies will be eligible to apply. The Commonwealth will leverage the expertise of local partners to identify projects prioritized for both activities. PRICE funding may be deployed in any of Kentucky’s 120 counties included in a successful applicant’s service area.
