An Act To Support Mobile Home Residents In Purchasing Their Mobile Home Parks

LD 255 provides $3.5 million in one-time state funding to help mobile home residents purchase their mobile home parks. The bill creates a "manufactured and mobile home park preservation and assistance program" that directly supports residents seeking to buy their parks from owners. This funding, allocated from the General Fund for fiscal year 2025-26, aims to prevent displacement by enabling community ownership. The program is specifically designed to assist residents in low-income mobile home communities where park ownership changes could lead to higher rents or forced relocation. The funding is a one-time allocation with no ongoing annual budget.