; and (3) whether any real estate owned by the Federal Government could be converted into affordable dwelling units. 3. Expansion of Exploring Office to Residential Conversions grant program There is authorized to be appropriated to carry out the grant program originally announced by the Secretary of Housing and Urban Development on June 21, 2023, known as the Exploring Office to Residential Conversions Program , $1,750,000 for each of fiscal years 2025 through 2030. 4. State and local affordable housing conversion grant program (a) Establishment Not later than 1 year after the date of the enactment of this section, the Secretary of Housing and Urban Development shall establish a grant program, to be known as the Office to Residential Affordable Housing Conversion Program (in this section referred to as the Conversion Program ), to facilitate the conversion of buildings owned by a State or unit of local government into qualified residential rental projects. (b) Eligible recipients In administering the Conversion Program, the Secretary shall make grants available to States and units of local government on a competitive basis in accordance with this section. (c) Application To be eligible for a grant under the Conversion Program, an entity described in subsection (b) shall submit to the Secretary an application in such form, at such time, and containing such information as the Secretary determines appropriate. (d) Use of funds Each entity that is awarded an amount under the Conversion Program may use such amount for the acquisition of an eligible building and any costs associated with converting such building into qualified residential rental projects. (e) Consultation with continuum of care project sponsors Each entity that is awarded an amount under the Conversion Program is encouraged to consult with a local project sponsor receiving amounts under the continuum of care program under subtitle C of title IV of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11381 et seq. ). (f) Definitions In this section: