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This bill establishes a five-year Housing and Urban Development grant program to provide funding to community land trusts and other community-based housing organizations for converting vacant residential properties into housing for unhoused individuals. Eligible entities may use grant funds to acquire and upgrade vacant properties or maintain converted housing. The bill prioritizes grants to applicants in high-homelessness areas, those providing supportive services, those with meaningful community representation including formerly unhoused individuals, and those using equitable tenant screening practices.
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