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Grant Program to Convert Vacant Properties into Affordable Housing for the Unhoused.

This law establishes a new federal grant program administered by HUD to help community organizations convert vacant residential properties into stable, long-term housing for individuals experiencing homelessness. The goal is to utilize existing housing stock to combat homelessness, focusing on permanent affordability and providing essential supportive services like job training and healthcare. Priority is given to applicants who implement equitable tenant screening practices that reduce barriers for those with a history of homelessness.
Key points
New federal grants for community land trusts and housing organizations to renovate and adapt vacant residential properties.
Housing created must remain permanently affordable for low- and moderate-income individuals for at least 30 years.
Priority for organizations that offer supportive services and use tenant screening protocols that minimize barriers based on eviction history.
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Additional Information
Print number: 118_S_5516
Sponsor: Sen. Booker, Cory A. [D-NJ]
Process start date: 2024-12-12