Rep. Frost bill would push states toward resident purchase rights for MHCs
On March 23, Congressman Maxwell Frost introduced the PRO MHC Act to help manufactured home residents buy and own their communities.
Key facts
- Rep. Maxwell Frost (D-FL) introduced the Promoting Residential Ownership of (PRO) Manufactured Home Communities Act on March 23.
- The bill encourages states to adopt or strengthen tenant opportunity to purchase (TOPA) policies and was endorsed by the Private Equity Stakeholder Project.
- It would increase CDBG funding for states and localities that support resident ownership and help pay for downpayment assistance.
- Institutional investors made 23% of manufactured home purchases between 2020 and 2021, up from 13% in 2017-2019.
- PESP counts 297 private equity-owned communities in Florida, totaling over 68,000 home sites.
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Read the original at Private Equity Stakeholder Project PESP (opens in a new tab)
Source: Congressman Frost introduces bill to defend manufactured home communities from Wall Street — Private Equity Stakeholder Project PESP, April 8, 2026. Summary and commentary by RISE Community; read the full story at the source.
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