Grants for neighborhood revitalization and blight elimination in low-income communities.
This act aims to improve the appearance and safety of neglected neighborhoods by funding the demolition of dilapidated structures, site clean-up, and creation of green spaces. This means residents can expect cleaner and safer surroundings, potentially increasing property values and improving quality of life. These funds are primarily allocated to low-income areas to support their revitalization efforts.
Key points
The federal government will provide grants to states for removing blighted structures and cleaning up neglected areas.
Funds can be used for demolition, clean-up, creating green spaces, and renovating existing structures (up to 30% of the grant).
Money is exclusively for low-income communities to aid in their revitalization.
States must contribute at least 15% of their own funds as a match for the grant.
Priority for fund use is given to organizations managing abandoned properties (land banks).
Expired
Additional Information
Print number: 117_HR_3949
Sponsor: Rep. Ryan, Tim [D-OH-13]
Process start date: 2021-06-16