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PRICE GRANT

TransAct Hope Inc 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 PRICE Grant is designed to provide funding for the preservation and revitalization of manufactured housing and eligible manufactured housing communities (MHC). 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​.

TransAct Hope Inc is applying to request up 3.17 million in funding for PRICE Main. Proposed activities included in the application would support projects focused on affordable housing preservation by encouraging revitalization and enhancement activities to preserve existing MHCs and manufactured housing units, in addition to housing, education and supportive service activities for existing residents. This supports the Stevens Point Plan’s goal of preserving existing affordable housing.

Community Input

Members of the public will have the opportunity to provide comments on the application before it is submitted to the U.S. Department of Housing and Urban Development. 

 

View a draft of the application here.​ Public comments on the application will be accepted until Sunday, July 7, 2024. During this 15-day public comment period, comments may be submitted to transacthope@gmail.com​ (subject line “PRICE Grant Application Comment”) or mailed to TransAct Hope Inc at 2501 Nebel St Trlr 408 Stevens Point WI 54481-5362.   

If you wish to submit a comment in person please call 715-340-0609 to arrange a time to meet and submit your comments.

 

Comments may also be provided at a public meeting.  Public meeting details are listed below​​.

July 5, 2024

4:30 - 5:45

Portage County Public Library (Charles M White Library)

Pineries Room

1001 Main St Stevens Point WI 54481

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