A Democratic bill with 2 Republican cosponsors · See all 4 cosponsors
Last activity — Referred to the House Committee on Financial Services.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
The bill establishes a pilot program called the Blighted Building to Housing Conversion Program, or the RESIDE Act, to convert vacant and abandoned commercial or industrial buildings into attainable housing. For fiscal years 2027 through 2031, the Secretary of Housing and Urban Development may use up to $100,000,000 of excess funds from the HOME Investment Partnerships Program to award competitive grants to eligible entities. Individual grants will range from $1,000,000 to $10,000,000 when the full $100,000,000 is available. The program prioritizes communities experiencing economic distress, qualified opportunity zones, areas with identified housing needs, and communities that have reduced regulatory barriers to property conversions. Eligible entities can use grant funds for property acquisition, demolition, health hazard remediation, site preparation, construction or renovation, and community land trusts. Finally, the Secretary must conduct a study and submit a report to Congress detailing the impact of the pilot program within 180 days after its termination.
Yes· 3 of 26
- Scored +6
Does this make housing cost less?
The bill directly establishes a pilot program to convert vacant commercial and industrial buildings into attainable housing.
- Scored +5
Would households on low incomes be better off under this?
The program creates housing explicitly targeted to households within lower and moderate median income percentages.
- Scored +4
Would middle-income households be better off under this?
Attainable housing definitions cover households earning up to 100 or 120 percent of area median income.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Under Section 2(b), the bill establishes a pilot program to award grants to convert vacant and abandoned industrial or commercial buildings into attainable housing, which can provide homes for individuals and families in need.
-
Under Section 2(e), the Secretary of Housing and Urban Development must give priority to eligible entities that use grants in communities experiencing economic distress or qualified opportunity zones, potentially directing resources where they are needed most.
-
Under Section 2(f), grant funds can be used for health hazard remediation, site preparation, and construction, renovation, or rehabilitation, which helps make unsafe abandoned properties safe for human use.
-
Under Section 2(i), the Secretary must study and report to Congress on the impact of the pilot program regarding increasing access to affordable housing for elderly individuals, disabled individuals, and veterans, as well as increasing homeownership and removing blight.
Potential Negative Impacts for People
- Based on the provided text, there are no specific provisions identified that explicitly create negative consequences, burdens, or harms for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — The program creates housing explicitly targeted to households within lower and moderate median income percentages. Would middle-income households be better off under this? — Attainable housing definitions cover households earning up to 100 or 120 percent of area median income. Would people in cities be better off under this? — The conversion of vacant urban commercial and industrial buildings directly revitalizes urban communities. Would children be better off under this? — Stable and attainable housing directly benefits families with children. Would people with disabilities be better off under this? — The legislation explicitly requires tracking the impact of the program on housing access for disabled individuals. Would retired people be better off under this? — Retirees on fixed incomes benefit from programs expanding attainable and senior-accessible housing. Would people over 65 be better off under this? — The mandated study specifically focuses on improving housing access for elderly individuals. Would veterans be better off under this, taking everything together? — The bill mandates a report evaluating the pilot program's impact on increasing housing access for veterans. Would people in their twenties and thirties be better off under this? — Young adults struggling with entry-level housing costs benefit from increased attainable housing supply. Would Black Americans be better off under this? — Targeting economically distressed communities and opportunity zones can positively impact minority neighborhoods. Would business owners be better off under this? — Redevelopment of blighted commercial properties and opportunity zones can benefit local business environments. Would Hispanic Americans be better off under this? — Investments in economically distressed areas can benefit diverse communities experiencing housing shortages. Would people in middle age be better off under this? — Middle-aged households benefit from expanded affordable housing availability. Would women be better off under this? — Single mothers and women facing housing insecurity benefit from expanded affordable housing options. Would people in rural areas be better off under this? — Participating jurisdictions in rural areas may also qualify for grants under program guidelines. Would students be better off under this? — Students entering the workforce can benefit from increased attainable housing options.
- Social Issues And Justice
- Does this make housing cost less? — The bill directly establishes a pilot program to convert vacant commercial and industrial buildings into attainable housing. Is this likely to reduce homelessness? — Creating new housing units from abandoned structures directly aids in addressing homelessness and housing shortages. Is this likely to lift people out of poverty? — Targeting economic distress and providing affordable housing options helps alleviate poverty burdens. Does this expand the rights of people with disabilities? — The reporting requirements highlight increasing access to affordable housing for disabled individuals.
- Economy And Finance
- Is this likely to create jobs? — The bill supports construction, renovation, and site preparation activities, which can stimulate local jobs. Is this likely to grow the economy? — Targeting economically distressed areas and opportunity zones helps promote local economic development.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill requires a comprehensive study and report to Congress assessing the impact of the pilot program. Does this give the federal government more power? — The legislation establishes a new federally administered pilot grant program through HUD.
- Environment Energy And Infrastructure
- Does this cut the pollution that drives climate change? — Converting existing structures rather than building entirely new developments can reduce embodied carbon and sprawl.
- National Security And Foreign Policy
- Does this increase the pay, pensions or support veterans receive? — The bill mandates a study on the pilot program's impact on increasing affordable housing access for veterans.
- 10/28/2025
- 1 Cosponsor added.
- 9/26/2025
- Referred to the House Committee on Financial Services.
- 3 Cosponsors added.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Brian FitzpatrickRepublican · Pennsylvania
Johnny OlszewskiDemocrat · Maryland
Maria SalazarRepublican · Florida
Eric SorensenDemocrat · Illinois