U.S. Hotels Repurposed for Affordable Housing

Various cities in the United States are repurposing hotels into affordable housing units as a solution to housing shortages. In Des Moines, a former Holiday Inn is being transformed into supportive housing with federal assistance, aiming to provide affordable studio apartments for low-income individuals. Las Vegas is undertaking its largest affordable housing project by redeveloping the Desert Pines Golf Club into a community with over a thousand multifamily units, supported by a $25 million loan from the Nevada State Infrastructure Bank. In San Francisco, the Hilton San Francisco Union Square and Parc 55 hotels, currently up for auction, are considered for apartment housing amid declining tourism. These efforts are part of broader initiatives to address affordable housing needs and support low-income residents in urban areas.