# 119-s-2460: RESIDE Act

119-s-2460, RESIDE Act, is a 119th Congress bill sponsored by Sen. Banks, Jim [R-IN] (R-IN); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-s-2460
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2460
- Congress: 119
- Title: RESIDE Act
- Status: introduced
- Introduced: 2025-07-24
- Sponsor: Sen. Banks, Jim [R-IN] (R-IN)
- Cosponsors: 1
- Policy area: Housing and Community Development
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Would convert vacant and abandoned commercial and industrial buildings into attainable housing to expand supply and revitalize distressed communities.** It would create a five-year pilot program that awards competitive grants using excess HOME Investment Partnerships Program funds in fiscal years 2027–2031.

## Cosponsors (1)

- Sen. Warner, Mark R. [D-VA] (D-VA), 2025-07-24T00:00:00.000Z

## Provisions PRIA read

- Grants to convert blighted buildings to housing: benefit, medium. This bill would create a five-year pilot (2027–2031) to convert vacant commercial buildings into attainable housing. HUD could use up to $100 million a year from HOME funds, but only when HOME funding exceeds $1.35 billion. Grants would be competitive and generally $1 million to $10 million each. F…

## Related bills

- 119-s-1748: Kids Online Safety Act
- 119-s-554: United States-Israel Defense Partnership Act of 2025
- 119-s-4189: INSULIN Act of 2026
- 119-s-1591: ARCA Act of 2025
- 119-s-1459: Historic Tax Credit Growth and Opportunity Act of 2025
- 119-s-410: Love Lives On Act of 2025

## Sources
- [119-s-2460 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2460)

## Related
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-554: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-s-554)
- [119-s-4189: INSULIN Act of 2026](https://policyrisk.com/legislation/119-s-4189)
- [119-s-1591: ARCA Act of 2025](https://policyrisk.com/legislation/119-s-1591)
- [119-s-1459: Historic Tax Credit Growth and Opportunity Act of 2025](https://policyrisk.com/legislation/119-s-1459)
- [119-s-410: Love Lives On Act of 2025](https://policyrisk.com/legislation/119-s-410)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2460 (as of 2025-12-21).