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S. 4146

BillFederalSenateIn Committee
To require the Secretary of Housing and Urban Development to establish grant programs relating to neighborhood revitalization, and for other purposes.
About This Bill
Committee
Latest Action · April 17, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118th (2023–2025)
Introduced
April 17, 2024
Cosponsors (1)
0D 1R
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Summary

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This bill establishes three grant programs through the Department of Housing and Urban Development to support neighborhood revitalization and address blighted properties. The blight mapping grants program provides $10,000 annually to land banks and local governments to monitor property conditions and create databases of vacant or abandoned properties in their areas. The land bank planning and implementation grants program awards between $100,000 and $250,000 for planning phases and up to $15 million for implementation phases to support five-year neighborhood revitalization projects, with at least one-third of funding reserved for underresourced land banks. The bill also funds technical assistance programs and a fellowship program to build expertise in property remediation and land banking. The legislation authorizes $20 million annually from 2025-2035 for blight mapping, and $20 million for 2025-2026 then $43.9 million annually from 2027-2035 for planning grants, implementation grants, and technical assistance programs.

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