Revitalizing Main Street and Urban Corridors: Exploring the Potential of Commercial to Residential Conversion Projects
Upcoming Events
Related News
This report delves into the transformative trend of converting commercial properties, including high-rise office buildings and various smaller commercial structures, into residential dwellings. This practice has gained momentum, especially after reduced commercial property occupancy due to the pandemic and the ongoing housing affordability challenge. Highlighting the complex economic, regulatory and infrastructural considerations such as remodeling, safety compliance and zoning laws, the report underscores the intricate process behind making commercial-to-residential conversions feasible and successful. Moreover, it illustrates how these conversions, despite the obstacles, offer substantial benefits to communities, developers and local authorities by rejuvenating vacant properties into vibrant living spaces. The report further explores the role of creative policy-making in facilitating such transformations, thereby contributing to the enhancement of housing supply and affordability, as well as the revitalization of urban and rural environments.
Resource
Advancing Local Housing Affordability: NACo Housing Task Force Final Report
Related News
Lawmakers reintroduce the Build Housing with Care Act
On January 30, Senator Ron Wyden and Congresswoman Bonamici reintroduced the Build Housing with Care Act. This legislation would establish a new competitive grant program under HUD intended to boost the supply of co-located child care facilities and affordable housing developments.
HUD withdraws proposed Affirmatively Furthering Fair Housing rule
On January 16, 2025 the U.S. Department of Housing and Urban Development (HUD) published in the Federal Register a withdrawal of a proposed affirmatively furthering fair housing (AFFH) rule from February 2023. The 2023 proposed rule incorporated much of the framework of a 2015 AFFH rule and would have required program participants to submit an equity plan to HUD every five years.
Co-locating community: Rural revitalization in Fayette and Greenbrier Counties
This fall, NACo’s BRECC Commitment Coalition convened 20 leaders supporting coal-impacted communities for a three-day peer exchange to explore revitalization efforts across Fayette County and Greenbrier County, W.Va.