View all text of Part A [§ 12741 - § 12757]
§ 12757. Revitalizing empty structures into desirable environments
(a) DefinitionsIn this section:
(1) Attainable housing
(2) Converted housing unit
(3) Covered grant
(4) Eligible entity
(5) Pilot Program
(6) Vacant and abandoned buildingThe term “vacant and abandoned building” means a property—
(A) that was constructed for use as a warehouse, factory, mall, strip mall, or hotel, or for another industrial or commercial use; and
(B)
(i) with respect to which—(I) a code enforcement inspection has determined that the property is not safe; and(II) not less than 90 days have elapsed since the owner was notified of the deficiencies in the property and the owner has taken no corrective action; or
(ii) that is subject to a court-ordered receivership or nuisance abatement related to abandonment pursuant to State or local law or otherwise meets the definition of an abandoned property under State law.
(b) Purpose of grant program
(c) Amount of grant
(1) In general
(2) Fiscal years with lower funding
(d) Relation to formula allocation
(e) PriorityIn awarding covered grants, the Secretary shall give priority to an eligible entity that—
(1) will use the covered grant in a community that is experiencing economic distress;
(2) will use the covered grant in a qualified opportunity zone (as defined in section 1400Z–1(a) of title 26);
(3) will use the covered grant to construct housing that will serve a need identified in the comprehensive housing affordability strategy and community development plan of the eligible entity under part 91 of title 24, Code of Federal Regulations, or any successor regulation (commonly referred to as a “consolidated plan”); or
(4) has enacted ordinances to reduce regulatory barriers to conversion of vacant and abandoned buildings to housing, which shall not include any alteration of an ordinance that governs safety and habitability.
(f) Use of fundsAn eligible entity may use a covered grant for—
(1) property acquisition;
(2) demolition;
(3) health hazard remediation;
(4) site preparation;
(5) construction, renovation, or rehabilitation; or
(6) the establishment, maintenance, or expansion of community land trusts or housing cooperatives.
(g) Waiver authority
(h) Study; reportNot later than 180 days after the termination of the Pilot Program, the Secretary shall study and submit to Congress a report on the impact of the Pilot Program on—
(1) improving the tax base of local communities;
(2) increasing access to affordable housing, especially for elderly individuals, disabled individuals, and veterans;
(3) increasing home-ownership; and
(4) removing blight.
(Pub. L. 101–625, title II, § 227, as added Pub. L. 119–101, title II, § 210(a), July 11, 2026, 140 Stat. 880.)