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University Grants for Economic Development in Low-Income Communities.

This Act establishes a grant program enabling universities in economically distressed areas to secure significant funding for community revitalization projects. Citizens in these districts will benefit from improved infrastructure, new job training programs, better access to healthcare clinics, and enhanced local broadband networks. The goal is to boost local economies and quality of life through university-led initiatives.
Key points
Universities in low-income areas can receive implementation grants ranging from $25 million to $50 million over five years to fund eligible development projects.
Eligible projects include building or renovating community-accessible facilities such as housing, health clinics, cultural centers, and municipal broadband networks.
The program focuses on creating local jobs by funding apprenticeships in local industries and providing seed money for small business development.
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Additional Information
Print number: 118_HR_8451
Sponsor: Rep. Costa, Jim [D-CA-21]
Process start date: 2024-05-17
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

BUILD Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8451.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-05-17.

What are the main provisions?

Key points include:

  • Universities in low-income areas can receive implementation grants ranging from $25 million to $50 million over five years to fund eligible development projects.
  • Eligible projects include building or renovating community-accessible facilities such as housing, health clinics, cultural centers, and municipal broadband networks.
  • The program focuses on creating local jobs by funding apprenticeships in local industries and providing seed money for small business development.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Costa, Jim [D-CA-21].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Economic Development, Public Buildings, and Emergency Management.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Education Public Investments Economy