H.R. 7862, also known as the "Government Agencies Affordable Housing Conversion Act of 2024," aims to promote affordable housing by converting government-owned buildings into residential rental spaces. The bill directs the Secretary of Housing and Urban Development (HUD) to...
Simple Explanation
H.R. 7862 is a plan to help turn empty government buildings into affordable homes for people to rent. It gives money to make these changes happen and ensures they follow certain rules.