A pilot program of grants to convert empty buildings runs from 2027 through 2031
What the document says“the Secretary is authorized to establish a pilot program, spanning from fiscal years 2027 through 2031, which shall have the purpose of awarding grants on a competitive basis to eligible entities to convert vacant and abandoned buildings into attainable housing.”
The new section 227 authorizes the Secretary, subject to funds being appropriated, to establish a pilot program running from fiscal year 2027 through fiscal year 2031 that awards competitive grants to eligible entities, which are participating jurisdictions, to convert vacant and abandoned buildings into attainable housing.
What the document actually says“the Secretary is authorized to establish a pilot program, spanning from fiscal years 2027 through 2031, which shall have the purpose of awarding grants on a competitive basis to eligible entities to convert vacant and abandoned buildings into attainable housing.”
The housing agency may set up a test program. It runs from 2027 through 2031. Places compete for grants to turn empty buildings into homes people can pay for.
Attainable housing is defined in the same section by two income tests. The program depends on Congress setting money aside. Without that money it does not start.
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