Bill
LD 255
Overview: LD 255, "An Act To Support Mobile Home Residents In Purchasing Their Mobile Home Parks", was introduced on January 28, 2025. The bill has been carried over to the next le
Overview: LD 255, "An Act To Support Mobile Home Residents In Purchasing Their Mobile Home Parks", was introduced on January 28, 2025. The bill has been carried over to the next legislative session.
Purpose and Intent: The main goal of this bill is to provide support and assistance to mobile home residents who wish to purchase the mobile home parks where they reside. The intent is to help preserve affordable housing options and empower mobile home residents to have more control over their living situations.
Key Provisions:
- Establishes a grant program to provide financial assistance to mobile home residents for the purchase of their parks
- Requires mobile home park owners to provide notice to residents before selling the park, giving residents the right of first refusal
- Provides tax incentives and other financial mechanisms to facilitate mobile home park purchases by residents
Affected Parties and Impacts:
- Mobile home residents will have the opportunity to purchase their parks and gain more control over their living situations
- Mobile home park owners may be impacted by the new requirements and incentives for selling to residents
- Local communities may benefit from the preservation of affordable housing options
Procedural and Timeline Considerations:
- The bill has been carried over to the next legislative session, which means it will be considered in the next regular or special session of the 132nd Legislature
- The next steps will involve further legislative consideration and potential amendments before a final vote
Compiled from official sources — confirm details with the bill’s official record.
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