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Grants for Universities to Boost Economic Development in Low-Income Areas

This Act establishes a new grant program for specific higher education institutions located in economically distressed communities. The funding aims to support projects that spur local economic and community development, potentially leading to new jobs, improved infrastructure (like broadband and health clinics), and better educational opportunities in these areas. Citizens in these districts can expect direct investments in their neighborhoods, driven by local universities.
Key points
Universities located in areas where the median family income is at least 25% lower than the state or national median are eligible for the grants.
Implementation grants (ranging from $25 million to $50 million over 5 years) fund projects like building housing, health clinics, cultural centers, broadband networks, and establishing small business incubators and apprenticeship programs.
The program seeks to reduce unemployment and improve access to public services (health, education) by leveraging universities as local development engines.
Institutions must first receive a smaller planning grant (up to $100,000 annually) to develop a detailed implementation plan for their projects.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_5796
Sponsor: Rep. Costa, Jim [D-CA-21]
Process start date: 2025-10-21
Lustra uses Artificial Intelligence. Verify details in source documents.
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 119_HR_5796.

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 2025-10-21.

What are the main provisions?

Key points include:

  • Universities located in areas where the median family income is at least 25% lower than the state or national median are eligible for the grants.
  • Implementation grants (ranging from $25 million to $50 million over 5 years) fund projects like building housing, health clinics, cultural centers, broadband networks, and establishing small business incubators and apprenticeship programs.
  • The program seeks to reduce unemployment and improve access to public services (health, education) by leveraging universities as local development engines.
  • Institutions must first receive a smaller planning grant (up to $100,000 annually) to develop a detailed implementation plan for their projects.
What is the specific legal status?

The current status is Introduced.

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 2025-12-23.

CATEGORIES

Public Investments Education Economy