The Biden administration announced new steps Friday to ensure access to affordable housing, launching a slew of resources to convert high-vacancy commercial buildings to residential use.
I’m not sure how you would do the non-profit since a lot of corporations already own high rises with “luxury” apartments. Are you saying they would be grandfathered in?
I’m not sure how you would do the non-profit since a lot of corporations already own high rises with “luxury” apartments. Are you saying they would be grandfathered in?
If it’s rental then it’s non profit, they can convert them to condos if they don’t agree.