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HR 9011

Vacancy to Value Act of 2026

119th Congress Introduced by Wesley Bell

Creates a pilot to transfer underutilized federal property for economic redevelopment with HUD grants to support planning, cleanup, and infrastructure.

Introduced in House
3
WeVote Research Nonpartisan
Bill Summary · HR 9011

Summary of HR 9011 (Session 119)

Purpose and intent

  • HR 9011 seeks to authorize the General Services Administration (GSA), in coordination with the Department of Housing and Urban Development (HUD), to establish:
    • A pilot program to facilitate the sale or transfer of underutilized federal property to eligible entities for economic redevelopment.
    • A grant program administered by HUD to support those efforts.
  • The overarching goal is to promote economic redevelopment by repurposing underutilized federal real property.

Key provisions and changes

  • Establishment of a GSA-led pilot program:
    • Identifies underutilized federal properties suitable for sale or transfer.
    • Enables transfer to eligible entities (likely including local governments, non-profits, and private developers) for redevelopment aimed at economic development.
    • Provides a framework for evaluating properties, selection criteria, timelines, and transfer mechanics.
  • Creation of a HUD-administered grant program:
    • Provides financial assistance to eligible entities pursuing redevelopment projects using transferred or identified properties.
    • Grants may cover planning, acquisition, cleanup, infrastructure upgrades, or other activities necessary to revitalize properties.
  • Coordination between agencies:
    • Requires interagency collaboration between GSA and HUD to ensure property transfers align with redevelopment objectives and use compliant processes.
  • Scope and implementation details (to be specified in the bill or implementing guidance):
    • Likely includes eligible entities (e.g., state/local governments, tribal entities, non-profits, redevelopment authorities, or qualified developers).
    • Potential criteria for property eligibility, project feasibility, environmental and regulatory considerations, and oversight mechanisms.
    • Reporting and accountability requirements to monitor progress and outcomes of the pilot and grant programs.
  • Substantive policy area:
    • Focuses on federal property disposition, economic redevelopment, urban renewal, and public-private partnerships as a means to stimulate local economic activity and repurposing of surplus or underutilized assets.

Affected parties and beneficiaries

  • Federal government:
    • GSA would manage the pilot program and oversee property transfers.
    • HUD would administer the associated grant program and provide funding for redevelopment activities.
  • Eligible entities:
    • Local governments, state entities, tribal governments, non-profits, redevelopment authorities, and potentially qualified private developers pursuing redevelopment projects.
  • Communities and economies:
    • Regions containing underutilized federal property could benefit from redevelopment, job creation,and improved use of land and infrastructure.

Procedural and timeline aspects

  • Introduction and referral:
    • Introduced in the House and referred to the Committee on Transportation and Infrastructure, with additional referrals to the Committees on Oversight and Government Reform, and Financial Services for provisions within their jurisdiction.
  • Legislative process:
    • As a bill introducing pilot programs and grant authorities, it would undergo markup, potential amendments, and committee reporting before floor consideration.
  • Notable procedural elements to watch:
    • Criteria for selecting pilot properties and eligible projects.
    • Sunset or evaluation milestones for the pilot program.
    • Reporting requirements to Congress on progress, outcomes, and use of grant funds.

Additional notes

  • Co-sponsor: Wesley Bell.
  • The act emphasizes interagency collaboration and structured mechanisms to move underutilized federal property into productive redevelopment use, backed by HUD grants to support project readiness and implementation.

If you’d like, I can tailor this summary to a specific audience (e.g., policymakers, developers, local governments) or add a section outlining potential pros and cons based on common redevelopment and property disposition considerations.

Compiled from official sources — confirm details with the bill’s official record.

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