Frank Adelmann Manufactured Housing Community Sustainability Act of 2026 provides a 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 introduce a tax credit for selling real property used as a manufactured home community to residents or nonprofit entities. This aims to preserve affordable housing and aid low-income homeowners. The credit is available if the property is sold to a qualified manufactured home community cooperative or corporation, which must be governed by members and have members who are residents or a tax-exempt organization.
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