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Biden-Harris Administration To Encourage Communities To Explore Commercial Conversions

HUD notice and White House Guidebook to provide new tools to expand housing supply and affordability. 

October 31, 2023

The Department of Housing and Urban Development (HUD) along with the Biden-Harris administration has announced important updates to bolster the nation’s housing supply and improve affordability. The White House released a guidebook to help communities and housing providers identify the federal resources and finance the conversion of commercial properties to residential and mixed-use development. 

Due to this announcement, HUD is releasing an updated notice on how its Community Development Block Grant (CDBG) funding can be used to boost the housing supply such as acquisition, rehabilitation, and commercial to residential conversions. The states and localities can access up to five times the annual CDBG allocation to fund projects. 

HUD’s Secretary Marcia L. Fudge said, “Addressing the affordable housing crisis requires an all-of-the-above approach. The White House guidebook on commercial-to-residential conversions and the updated CDBG notice are just a few of the steps that HUD is taking to help our state and local partners boost supply.”

HUD also released an issue of Evidence Matters to provide an overview of the issues motivating the surge in interest and highlighting the local examples of conversion projects. HUD is providing additional funds to develop case studies that can serve as roadmaps for localities interested in the project. 

HUD’s Deputy Assistant Secretary Adrianne Todman said, “HUD is hard at work listening to stakeholders and exploring solutions that will help expand and preserve housing supply in the country. With a shortage of millions of homes nationwide, we need to utilize every resource at our disposal to increase housing supply.”

These actions build on the progress the administration and HUD have made in implementing the Housing Supply Action Plan detailing the concrete steps taken by the administration to ease the burden of housing costs. 

The latest CDBG notice offers comprehensive guidance on numerous housing-related activities eligible for funding, such as acquisition, rehabilitation, housing counseling, and more. It confirms that permanent community-manufactured housing units qualify for CDBG program assistance. The notice emphasizes the role of planning in ensuring housing and community resilience and details how CDBG can aid in initiatives related to energy, climate, and tornado-safe structures.

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The content provided in this article draws inspiration and includes quotes from various reputable sources, including news articles, government data, and interviews. Affordable Housing 411 strives to ensure accuracy and credibility, but the information presented may be based on some external sources. We encourage readers to refer to the referenced materials for more in-depth insights and verification.

Department of Housing and Urban Development. “Biden-Harris Administration Encourages Communities and Developers to Explore More Commercial to Residential Conversions”. Department of Housing and Urban Development, October 27, 2023, 

Biden-Harris Administration Encourages Communities and Developers to Explore More Commercial to Residential Conversion

Last Updated: September 20, 2021