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Senate bill · S. 2460 (119th Congress)

RESIDE Act

U.S. Senate

Latest action Jul 24, 2025

Sponsor: Jim Banks (U.S. Senator for Indiana, Republican)

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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data

Summary

Would create a federal pilot program to convert blighted buildings into housing, defining "attainable housing" by area-median-income thresholds (for example, units serving households at or below 100% of area median income where most units are affordable at or below 80%).

AI summary. Not an official summary. How we handle summaries

Where it stands

Assigned to a committee for review.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate

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Cosponsors

1

Cosponsors listed on Congress.gov, shown A to Z.

  • Democratic1

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As identified by Congress.gov.

Full history

  1. Jul 24, 2025

    Introduced

    Introduced in U.S. Senate

    U.S. Senate

  2. Jul 24, 2025

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  3. Jul 24, 2025

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  4. Jul 24, 2025

    Referred to committee

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Read the record