Anonymous ID: 911e3a Oct. 28, 2023, 1:41 p.m. No.19819190   🗄️.is đź”—kun   >>9410 >>9686 >>9802

WASHINGTON: "The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions. The new initiative, announced Friday morning, involves the departments of Housing and Urban Development and Transportation, along with the General Services Administration and the Office of Management and Budget in a multi-pronged effort to address both the national shortage of affordable housing and the post-pandemic surplus of vacant office buildings.

Secretary of Transportation Pete Buttigieg said his department will issue new guidance to states and municipalities on how to access funding through a pair of federal programs, the Transportation Infrastructure Finance and Innovation Act and Railroad Rehabilitation & Improvement Financing. Buttigieg said that “over $35 billion in lending capacity” will be made available to provide below-market rate loans to finance both new housing construction and office conversions near transportation hubs.

The White House is also releasing a Commercial to Residential Federal Resources Guidebook with over 20 federal programs across six federal agencies that can be used to support conversions. These programs include low-interest loans, loan guarantees, grants and tax incentives for developers."

 

https://www.wishtv.com/news/national/biden-administration-encourages-conversion-of-empty-office-space-to-affordable-housing/

Anonymous ID: 911e3a Oct. 28, 2023, 2:17 p.m. No.19819374   🗄️.is đź”—kun

"US imperialism is the number one enemy of the world's people…must be exposed like never before for the paper tiger that it is…I urge you all, as people who live within the belly of the beast, do not shrink back from this moment…we have a duty to fight, we have a duty to win"

-Jihadi terrorist speaking to crowd in Milwaukee