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H.R. 5591119th CongressIn committeeLatest action Sep 26, 2025Decoded by AI · checked against the record
The plain-language version leads. The official text is always the reference.
HR 5591 runs a 2027–2031 grant program turning vacant blighted buildings into affordable housing for lower- and middle-income residents.
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HR 5591 establishes a five-year pilot program from 2027 to 2031 in which HUD awards competitive grants to local governments and housing authorities to convert vacant, blighted commercial properties into affordable or attainable housing. Eligible buildings include warehouses, factories, malls, strip malls, and hotels that are unsafe or legally abandoned. Grant funds may be used for acquiring properties, demolishing unsafe structures, cleaning up health hazards, and constructing or renovating homes.
Local governments and developers who partner with them are the direct applicants and recipients. Lower- and middle-income renters and buyers, as well as elderly people, people with disabilities, and veterans, are among those identified as potential residents of the resulting housing.
Communities with vacant or blighted properties could see those sites converted into housing stock priced at or below local median income levels, with most units reserved for lower-income households. The program adds funding on top of existing community allocations rather than replacing them, and priority is given to areas facing economic hardship, designated opportunity zones, and localities that have already reduced regulatory barriers to conversion.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Referred to the House Committee on Financial Services.