Creates a pilot program to turn empty, rundown buildings into homes for families.
This bill would create a new federal pilot program to help local communities turn vacant and abandoned commercial buildings into housing. It would set aside up to $100 million over several years for grants. These grants would help convert rundown properties into homes that people can afford. This means more housing options for families and a chance to revitalize neighborhoods.
Currently, there is no specific federal program that offers competitive grants solely for turning vacant commercial or industrial buildings into homes. Communities might use broader housing funds, but not a dedicated program for this specific conversion. If this bill becomes law, a new pilot program would exist from the government's budget year 2027 through 2031. It would offer competitive grants of $1 million to $10 million to local governments and housing groups to convert these blighted buildings into attainable housing, using up to $100 million of excess funds from another housing program.
HR 5591 · 119th Congress · September 26, 2025 · AI Summary by gemini-2.5-flash · 9/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.