Bill 119 s 1194, also known as the Manufactured Housing Community Preservation Act, aims to ensure that federally backed financing for the construction, rehabilitation, or purchase of manufactured home communities is only available for communities whose owners have implemented minimum consumer protections in lease agreements with residents. This bill is designed to protect residents of manufactured home communities by establishing standards for lease agreements that must be met in order to receive federal financing.
The bill requires owners of manufactured home communities to include certain consumer protections in their lease agreements, such as provisions for fair and reasonable rent increases, adequate notice of rent increases, and protections against unjust evictions. These protections are intended to safeguard the rights of residents and ensure that they are not unfairly burdened by sudden rent hikes or arbitrary evictions.
In addition to these consumer protections, the bill also includes provisions for the preservation and improvement of manufactured home communities. This includes requirements for owners to maintain the infrastructure of the community, such as roads, utilities, and common areas, to ensure that residents have access to safe and well-maintained living conditions.
Overall, Bill 119 s 1194 seeks to promote the well-being of residents in manufactured home communities by establishing minimum standards for lease agreements and ensuring that federally backed financing is only available to owners who meet these standards. By implementing these protections, the bill aims to protect residents from exploitation and ensure that they have access to affordable and secure housing options.