PD&R Quarterly Update on Office-to-Residential Conversions

On Tuesday, July 25, 2023, HUD’s Office of Policy Development and Research (PD&R) will host a PD&R Quarterly Update virtual event focused on Office-to-Residential Conversions. After a housing market update from PD&R’s Kevin Kane and a data spotlight segment from PD&R’s Veronica Helms Garrison, Tracy Hadden Loh from Brookings Metro will provide keynote remarks. The event will then feature two panel discussions. In the first panel, developers will discuss the nuts-and-bolts of how to convert office space into residential units, and the second panel will explore how policymakers can create tools to facilitate successful conversions in downtown markets.

Update on U.S. Housing Market Conditions

• Kevin Kane, Chief Housing Market Analyst, Economic Market Analysis Division, PD&R/HUD

Data Spotlight

• Veronica Helms Garrison, Analyst, PD&R/HUD

Keynote Remarks

• Tracy Hadden Loh, Fellow, Brookings Metro, Anne T. and Robert M. Bass Center for Transformative Placemaking

Panel: Design, Construction, and Financing Challenges and Opportunities

• Moderator: Aaron Shroyer, Senior Advisor, PD&R/HUD

• Philip Aftuck, Director of Investments, The Bernstein Companies

• Steve Smith, AIA, Principal at Cooper Carry

Panel: Policies to Facilitate and Promote Office-to-Residential Conversions

• Moderator: Kera Package, Chief of Staff, Office of Community Planning and Development, HUD

• Sean Campion, Director of Housing and Economic Development Studies, Citizens Budget Commission

• Maurice D. Cox, Commissioner, Department of Planning and Development, City of Chicago

• Yesim Sayin, Executive Director, D.C. Policy Center

We hope you can join PD&R for this discussion on office-to-residential conversions. We also invite you to participate in the event via social media by following @HUDUSERnews. We’ll be tagging our updates with #PDRUpdate.

Click here for more information.