Bill · H.R. 5591· House(119-HR-5591)
RESIDE Act
- Introduced
- 9/26/2025
- Last activity
- 9/26/2025 — Referred to the House Committee on Financial Services.
- Sponsored by
- Sam Liccardo
- Cosponsors
- - 2 - 2
- 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
Does this make housing cost less?+6
The bill directly establishes a pilot program to convert vacant commercial and industrial buildings into attainable housing.
Would households on low incomes be better off under this?+5
The program creates housing explicitly targeted to households within lower and moderate median income percentages.
Would middle-income households be better off under this?+4
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.
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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.
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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.
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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. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Middle Class Households+4Good For Urban Residents+4Good For Children+3Good For People With Disabilities+3Good For Retirees+3Good For Seniors+3Good For Veterans+3Good For Young Adults+3Good For African Americans+2Good For Business Owners+2Good For Hispanic Americans+2Good For Middle Aged+2Good For Women+2Good For Rural Residents+1Good For Students+1
- Social Issues And Justice
- Improves Affordable Housing+6Reduces Homelessness+4Improves Poverty Reduction+3Improves Disability Rights+1
- Economy And Finance
- Increases Job Creation+3Improves Economic Growth+2
- Governance And Ideology
- Improves Government Transparency+2Increases Federal Power+1
- Environment Energy And Infrastructure
- Reduces Carbon Emissions+2
- National Security And Foreign Policy
- Improves Veterans Benefits+1
- 10/28/2025
- 1 Cosponsor added.
- 9/26/2025
- Referred to the House Committee on Financial Services.
- 3 Cosponsors added.
- Introduced in House
One bill 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