February 23, 2024

HUD: Nearly $4 Million Awarded to Study Innovative Ways to Boost Housing Supply Including Office-to-Residential Conversions

Funds will fill critical knowledge gaps, help local leaders leverage off-site construction, land use and zoning reforms, and office-to-residential conversions to meet their housing needs.

The U.S. Department of Housing and Urban Development (HUD) announced nearly $4 million in awards to eleven grantees to support research that will fill crucial knowledge gaps and help build the evidence base to accelerate the adoption of innovative and effective practices and policies to increase the production and supply of quality, affordable housing. This includes exploring office-to-residential conversions, to help communities meet their housing needs.

“As we’re seeing more and more, our nation’s housing stock does not meet the needs of our growing country,” said HUD Secretary Marcia L. Fudge. “We need to think creatively, from innovative construction methods to office-to-residential conversions. Today’s announcement will spur the innovation needed to build more affordable, safe, and sustainable housing in our communities.”

“The widening gap between housing supply and demand has driven up housing costs and constrained affordable choices for low-and moderate-income families.” said Solomon Greene, Principal Deputy Assistant Secretary for Policy Development and Research. “We know that state and local leaders are at the forefront of innovative solutions, including using innovative construction technologies, adopting pro-housing zoning and land use reforms, and converting underutilized office and commercial buildings to housing. With these research awards, HUD aims to fill critical knowledge gaps, test pilots and new innovations, and share best practices in each of the areas.”

The Offsite Construction and Land Use Reform Notice of Funding Opportunity (NOFO) awarded a total of $3 million to 10 institutions to conduct innovative research to assess the potential for off-site construction methods and zoning and land use reforms to increase the supply of quality affordable housing and reduce housing expenses for low- and moderate-income owners and renters.

The Office to Residential Conversions Notice of Funding Opportunity (NOFO) awarded a total of $858,261.91 to study recent efforts to convert downtown office buildings to properties with residential units since the start of the COVID-19 pandemic.

See the specific awardees, amounts, and projects for both awards below.

These awards, and the insights they will yield, are a key part of the Biden-Harris Administration’s Housing Supply Action Plan. They also build upon the research needs that are identified in the Off-site Construction for Housing: Research Roadmap, which can help overcome the barriers and challenges of off-site construction.

Awardees: Offsite Construction and Land Use Reform Notice of Funding Opportunity 

Awardee: Office to Residential Conversions Notice of Funding Opportunity (NOFO)

This post was originally published here.