The "Revitalizing Empty Structures Into Desirable Environments Act," or RESIDE Act , establishes a pilot program to convert vacant and abandoned commercial or industrial buildings into attainable housing. This Blighted Building to Housing Conversion Program will be funded by the Secretary of Housing and Urban Development using up to $100,000,000 annually from excess allocations of the HOME Investment Partnerships Program, provided HOME funding exceeds $1.35 billion. The program awards competitive grants, ranging from $1 million to $10 million, to eligible entities, defined as participating jurisdictions, to create housing affordable to households earning up to 100% or 120% of the area median income. Eligible entities can use these grants for various activities, including property acquisition, demolition, health hazard remediation, site preparation, and construction or rehabilitation . Priority for grant awards is given to projects in economically distressed communities, qualified opportunity zones, or those addressing identified housing needs in a consolidated plan. The Secretary may also prioritize entities that have enacted ordinances to reduce regulatory barriers to conversion. The bill mandates a study and report to Congress on the program's impact on local tax bases, access to affordable housing for vulnerable populations, homeownership, and blight removal.