Wells Fargo Invests $3.5M in New Adaptive Reuse Accelerator Program
by Mission First HousingHousing Partnership Network Press Release
Grants supporting 22 adaptive reuse projects aim to create 1,600 affordable apartments and workforce housing
BOSTON, MA – To increase the supply and affordability of homes in the U.S., Housing Partnership Network (HPN) today announced $3.5 million in grants to help transform empty hotels, schools, hospitals, and commercial buildings into affordable apartments and workforce housing. This funding through HPN’s new Adaptive Reuse Accelerator program, funded by the Wells Fargo Foundation, will support the acquisition and development of an estimated 1,600 affordable homes for low-income households, seniors, and people facing homelessness over the next five years.
Click here to see about how Mission First was awarded funding.