Lowering Energy Costs for Manufactured Homeowners Act

This bill creates a new 20% refundable tax credit for manufactured home owners who install weather-resistant skirting (the base covering the space under the home). It directly affects primary residents of qualifying manufactured homes built after 1976 that meet federal safety standards. The credit is limited to $500 per year and phases out for households earning over $150,000 ($300,000 for joint filers). The credit applies to expenses paid after December 31, 2024, helping reduce energy costs by improving home insulation.