,i  #aai? ,,congress  #b;d ,session  ,h4
 ,r4 #ijaa  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bb1 #bjbf,mr4   
,bell introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on               
,transportation & ,infra/ructure1 & 9   
addition to ! ,committees on ,ov]sight &
 ,gov]nm5t ,re=m1 & ,f9ancial ,s]vices1 
= a p]iod to be subsequ5tly det]m9$ by !
 ,speak]1 9 ea* case = consid]ation (   
su* provisions z fall )9 ! jurisdiction 
( ! committee conc]n$  ,a ,,bill  ,to   
au?orize ! ,adm9i/rator ( ! ,g5]al      
,s]vices ,adm9i/ration1 9 coord9ation ) 
! ,secret>y ( ,h\s+ & ,urban            
,developm5t1 to e/abli% a pilot program 
& a grant program adm9i/]$ by !         
,dep>tm5t ( ,h\s+ & ,urban ,developm5t  
to facilitate ! sale or transf] (       
und]utiliz$ ,f$]al prop]ty to eligible  
entities = economic r$evelopm5t1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,vacancy to ,value ,act 
( #bjbf4  #b4 ,pilot program =          
r$evelopm5t ( und]utiliz$ ,f$]al prop]ty

  7a7 ,9 g5]al ,! ,adm9i/rator ( !      
,g5]al ,s]vices ,adm9i/ration %all      
e/abli% & implem5t a pilot program to   
facilitate ! sale or transf] (          
und]utiliz$ ,f$]al prop]ties to entities
 & individuals = an eligible purpose    
describ$ 9 subsection 7b7 on a pilot    
basis4  7b7 ,eligible purpose ,an       
eligible purpose = a prop]ty sold or    
transf]r$ "u ?is section %all only be = 
r$evelopm5t or economic developm5t      
purposes t b5efit ! surr\nd+ community1 
includ+ af=dable h\s+1 job creation1    
economic gr[?1 & community facilities   
su* z cl9ics1 *ildc>e c5t]s1 & s*ools4  
7c7 ,am\nt ( sale ,a sale or transf] "u 
?is section may be = an am\nt t is less 
?an fair m>ket value ( ! prop]ty be+    
sold or transf]r$4  7d7 ,developm5t     
requirem5t ,an entity acquir+ prop]ty "u
 ?is section %all submit a r$evelopm5t  
plan includ+ ! specifi$ use "u          
subsection 7b7 & beg9 r$evelopm5t n lat]
 ?an #e ye>s aft] acquisition4  7e7     
,recapture ,if an entity fails to meet !

 requirem5ts "u subsection 7d71 !       
,adm9i/rator may require ! return ( !   
prop]ty or impose o!r appropriate       
rem$ies4  7f7 ,priority consid]ation ,9 
c>ry+ out ! pilot program "u ?is        
section1 ! ,adm9i/rator %all give       
priority consid]ation to community-bas$ 
nonpr(it organizations & public         
entities4  7g7 ,t]m9ation ,! pilot      
program e/abli%$ "u subsection 7a7 %all 
t]m9ate on ! date t is #e ye>s aft] !   
date ( enactm5t ( ?is ,act4  7h7        
,def9ition ( und]utiliz$ ,f$]al prop]ty 
,9 ?is section1 ! t]m und]utiliz$ ,f$]al
 prop]ty means any real prop]ty own$ or 
controll$ by ! ,f$]al ,gov]nm5t t-- 7#a7
 is n fully occupi$ or utiliz$ = !      
purposes ( ! ,f$]al ag5cy ) jurisdiction
 ov] ! prop]ty2 or  7#b7 has be5 det]m9$
 by ! ,adm9i/rator to be excess to !    
ne$s ( ! ,f$]al ,gov]nm5t1 includ+      
prop]ty t is vacant1 obsolete1 or       
economically ineffici5t to ma9ta94  #c4 
,/udy & report  7a7 ,/udy ,!            
,adm9i/rator ( ! ,g5]al ,s]vices        

,adm9i/ration %all conduct a /udy on !  
outcomes ( ! program "u section #b4  7b7
 ,report ,n lat] ?an #ab mon?s aft] !   
t]m9ation ( ! pilot program "u section  
#b7;g71 ! ,adm9i/rator %all submit to   
,congress a report on ! program conta9+ 
! results ( ! /udy "u subsection 7a74   
#d4 ,f$]al r$evelopm5t grant program    
7a7 ,e/abli%m5t ,! ,secret>y ( ,h\s+ &  
,urban ,developm5t %all e/abli% a ,f$]al
 ,r$evelopm5t ,grant ,program to provide
 competitive grants to eligible entities
 acquir+ prop]ty "u section #b =        
r$evelopm5t & community revitalization  
purposes4  7b7 ,eligible entities       
,entities eligible to receive grants "u 
?is section %all include-- 7#a7 units ( 
,/ate or local gov]nm5t2  7#b7 ,tribal  
gov]nm5ts2  7#c7 public h\s+ ag5cies2   
7#d7 community l& tru/s2  7#e7 community
 developm5t corporations2  7#f7 nonpr(it
 organizations2 &  7#g7 p>tn]%ips betwe5
 public entities & nonpr(it             
organizations4  7c7 ,eligible uses      
,grant funds aw>d$ "u ?is section may be

 us$ =-- 7#a7 pr$evelopm5t & plann+     
activities2  7#b7 environm5tal          
rem$iation & site prep>ation2  7#c7     
demolition1 rehabilitation1 or          
con/ruction co/s2  7#d7 infra/ructure   
improvem5ts2  7#e7 developm5t ( af=dable
 h\s+2  7#f7 developm5t ( community     
facilities1 includ+ heal? cl9ics1       
*ildc>e c5t]s1 s*ools1 work=ce          
developm5t c5t]s1 & community c5t]s2 &  
7#g7 o!r activities det]m9$ appropriate 
by ! ,adm9i/rator to c>ry out ! purposes
 ( ?is ,act4  7d7 ,priority ,9 aw>d+    
grants "u ?is section1 ! ,secret>y %all 
prioritize projects t-- 7#a7 create or  
pres]ve p]man5tly af=dable h\s+2  7#b7  
b5efit l[-income or hi/orically und]s]v$
 communities2 &  7#c7 are propos$ by    
community-bas$ nonpr(it organizations or
 public entities2  7e7 ,community b5efit
 requirem5t ,z a condition ( receiv+    
grant funds "u ?is section1 an eligible 
entity %all demon/rate t ! propos$      
r$evelopm5t project w provide a         
sub/antial public b5efit to ! surr\nd+  

community4  7f7 ,report+ ,recipi5ts (   
grants "u ?is section %all submit annual
 reports to ! ,secret>y describ+ ! use (
 funds1 r$evelopm5t progress1 community 
impact1 & compliance ) ! requirem5ts (  
?is ,act4  7g7 ,au?orization (          
appropriations ,!re are au?oriz$ to be  
appropriat$ su* sums z may be necess>y  
to c>ry out ?is section4