RESIDE Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2460 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2460 To establish a pilot program to convert blighted buildings into housing. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 24, 2025 Mr. Banks (for himself and Mr. Warner) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To establish a pilot program to convert blighted buildings into housing. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Revitalizing Empty Structures Into Desirable Environments Act'' or the ``RESIDE Act''. SEC. 2. BLIGHTED BUILDING TO HOUSING CONVERSION PROGRAM. (a) Definitions.--In this section: (1) Attainable housing.--The term ``attainable housing'' means housing that-- (A) serves households earning not more than 100 percent of the area median income, if a majority of the h…