- Stage
- In committee
- Started in
- Senate
- Sponsors
- 2
- Latest action
- Jul 24, 2025
What it does
The RESIDE Act would establish a pilot program to convert vacant and abandoned commercial or industrial buildings into attainable housing using excess funds from the HOME Investment Partnerships Program. It would allow the Secretary of Housing and Urban Development to award competitive grants of $1 million to $10 million annually from fiscal years 2027 through 2031 to eligible entities—such as participating jurisdictions—for property acquisition, demolition, remediation, construction, or community land trust development, with priority given to projects in economically distressed areas, opportunity zones, or those aligned with local housing plans. The program would require that converted…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.