To amend the Housing and Community Development Act of 1974 to direct the Secretary of Housing and Urban Development to establish a grant program under the Community Development Block Grant program to incentivize State laws that enable residents to purchase manufactured housing communities.

This legislation aims to amend the Housing and Community Development Act of 1974 by creating a new incentive program within the Community Development Block Grant framework. The bill would direct the Secretary of Housing and Urban Development to provide grants to states that implement laws making it easier for residents of manufactured home parks to purchase the land they live on. These state-level policies often include 'opportunity to purchase' or 'right of first refusal' laws, which give homeowners a chance to buy the community if the owner decides to sell.

If enacted, the bill would use federal funding to encourage states to protect residents from displacement and sudden rent hikes that often occur when mobile home parks are sold to private developers or institutional investors. By incentivizing states to empower resident-owned cooperatives or nonprofits, the bill proposes to help low- and moderate-income families secure long-term housing stability and build equity in their communities.