Two hotel conversion projects have been announced in Metro Phoenix to increase residential inventories and services. Mesa City Council plans to buy the 72-room Grand Hotel for $7.4M and convert it into a home for the city’s Off the Streets transitional housing program. Meanwhile, Maricopa County Board of Supervisors approved an agreement providing $7.3M in American Rescue Plan Act funds to the City of Tempe to rehabilitate a motel and create up to 60 residential shelter units.