$3.5M Wells Fargo Investment Helps Network Convert Hotels, Schools and More

April 6, 2022

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.