Press Release: Senator Jim Banks' RESIDE Act Approved by U.S. Senate with Bipartisan Support - Quiver Quantitative

Senator Banks’ RESIDE Act, aimed at revitalizing abandoned properties, passed the Senate with a vote of 89 to 10. Quiver AI Summary Senator Banks’ RESIDE Act Passes: Senator Jim Banks announced that the Revitalizing Empty Structures Into Desirable Environments (RESIDE) Act has successfully passed in the U.S. Senate as part of the 21st Century ROAD to Housing Act. The bill received bipartisan support with a vote of 89 to 10. Funding for Community Development: The initiative will allocate funding through the Home Investment Partnerships Program starting in 2026, establishing a pilot program aimed at converting abandoned buildings into affordable housing. Senator Banks emphasized the importance of homeownership for families and community revitalization. Key Provisions of the Act: The RESIDE Act proposes a four-year pilot program with grants between $1 million and $10 million for eligible communities, building upon existing HOME formula funding. The bill specifies that cities, counties, and states already part of the program can apply for funds aimed at revitalizing underutilized properties. Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here . 🏛️ Receive Alerts on Congress Jim Banks Fundraising Jim Banks recently disclosed $207.2K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 472nd most from all Q4 reports we have seen this year. 59.1% came from individual donors. Banks disclosed $336.9K of spending. This was the 200th most from all Q4 reports we have seen from politicians so far this year. Banks disclosed $2.7M of cash on hand at the end of the filing period. This was the 138th most from all Q4 reports we have seen this year. You can see the disclosure here , or track Jim Banks's fundraising on Quiver Quantitative . Jim Banks Net Worth Quiver Quantitative estimates that Jim Banks is worth $3.4M , as of March 13th, 2026. This is the 206th highest net worth in Congress, per our live estimates. Banks has approximately $82.2K invested in publicly traded assets which Quiver is able to track live. You can track Jim Banks's net worth on Quiver Quantitative's politician page for Banks . Jim Banks Bill Proposals Here are some bills which have recently been proposed by Jim Banks: S.4061 : A bill to amend the Elementary and Secondary Education Act of 1965 to require local educational agencies to include mental health and suicide prevention information on student identification cards, and for other purposes. S.4043 : A bill to amend title 38, United States Code, to make permanent the authority of the Secretary of Veterans Affairs to provide treatment and rehabilitation for seriously mentally ill and homeless veterans, and for other purposes. S.3992 : A bill to amend title 10, United States Code, to codify authority for the Joint Medical Facility Fund of the Department of Defense and the Department of Veterans Affairs, and for other purposes. S.3917 : The Dalilah Law S.3794 : SAFE Drugs Act of 2026 S.3610 : No Funding for Foreign Agents Act You can track bills proposed by Jim Banks on Quiver Quantitative's politician page for Banks . 2030 Indiana US Senate Election There has been approximately $11,500,527 of spending in Indiana US Senate elections over the last two years, per our estimates. Approximately $1,083,595 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include: AMERICAN LEADERSHIP PAC ($824,920) HOOSIER HONOR ($223,620) PROTECT FREEDOM POLITICAL ACTION COMMITTEE ($29,282) CLUB FOR GROWTH PAC ($3,625) INDIANA REPUBLICAN STATE COMMITTEE, INC. ($2,147) You can track this election on our matchup page for the 2030 Indiana US Senate election .