Biden Administration Launches Initiative to Convert Vacant Offices into Affordable Housing

The White House has launched a multi-agency initiative aimed at repurposing vacant office buildings into affordable housing. The program leverages the availability of $35 billion in low-cost loans from the Transportation Department to support housing projects near transportation hubs. This effort aligns with the Biden administration’s clean-energy agenda. The initiative also introduces additional funding sources, … Continue reading Biden Administration Launches Initiative to Convert Vacant Offices into Affordable Housing