The City of Phoenix Housing Department, in collaboration with the Human Services Department and Neighborhood Services Department, is submitting an application for the Preservation and Reinvestment Initiative for Community Enhancement (PRICE) funding opportunity through the U.S. Department of Housing and Urban Development (HUD). 

The City is applying to request the maximum award of $75 million in funding for the PRICE Main competition. Proposed activities included in the application would support projects focused on affordable housing preservation by encouraging revitalization and enhancement activities to preserve existing manufactured housing communities and manufactured housing units, in addition to housing, education, and supportive service activities for existing residents. These efforts support the Housing Phoenix Plan’s goal of preserving existing affordable housing.

Background

The PRICE Grant is designed to provide funding for the preservation and revitalization of manufactured housing and eligible manufactured housing communities. HUD has allocated $235 million in competitive grant funding that will be distributed to approximately 25 awards nationwide. The PRICE grant is divided into two categories, a main competition (PRICE Main) and a replacement pilot (PRICE Replacement Pilot), which are available to local and state governments, nonprofit entities, and multijurisdictional entities. Award announcements are expected in late fall 2024. More information can be found at the grant website.

Members of the public had the opportunity to provide comments on the application before it is submitted to HUD. Public comments were accepted from June 11, 2024, through June 25, 2024. The public comment period is now closed. A copy of the draft application released for public comment can be viewed here.​

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