Frank Adelmann Manufactured Housing Community Sustainability Act of 2026 provides tax credit for selling manufactured home communities to residents.

The Frank Adelmann Manufactured Housing Community Sustainability Act of 2026 amends the Internal Revenue Code to offer a tax credit for selling real property for use as a manufactured home community to residents or nonprofit entities. The credit equals 75% of the qualified gain from the sale. To qualify, the sale must be to a cooperative or nonprofit corporation with governance by elected members, and the property must be subject to a covenant for use as a manufactured home community for at least 50 years.

Frank Adelmann Manufactured Housing Community Sustainability Act of 2026 provides tax credit for selling manufactured home communities to residents.

The Frank Adelmann Manufactured Housing Community Sustainability Act of 2026 amends the Internal Revenue Code to offer a tax credit for selling real property for use as a manufactured home community to residents or nonprofit entities. The credit equals 75% of the qualified gain from the sale. To qualify, the sale must be to a cooperative or nonprofit corporation with governance by elected members, and the property must be subject to a covenant for use as a manufactured home community for at least 50 years.