To authorize the Administrator of the General Services Administration, in coordination with the Secretary of Housing and Urban Development, to establish a pilot program and a grant program administered by the Department of Housing and Urban Development to facilitate the sale or transfer of underutilized Federal property to eligible entities for economic redevelopment, and for other purposes.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 9011 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 9011 To authorize the Administrator of the General Services Administration, in coordination with the Secretary of Housing and Urban Development, to establish a pilot program and a grant program administered by the Department of Housing and Urban Development to facilitate the sale or transfer of underutilized Federal property to eligible entities for economic redevelopment, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 22, 2026 Mr. Bell introduced the following bill; which was referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Oversight and Government Reform, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To authorize the Administrator of the General Services Administration, in coordination with the Secretary of Housing and Urban Development, to establish a pilot program and a grant program administered by the Department of Housing and Urban Development to facilitate the sale or transfer of underutilized Federal property to eligible entities for economic redevelopment, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Vacancy to Value Act of 2026''. SEC. 2. PILOT PROGRAM FOR REDEVELOPMENT OF UNDERUTILIZED FEDERAL PROPERTY. (a) In General.--The Administrator of the General Services Administration shall establish and implement a pilot program to facilitate the sale or transfer of underutilized Federal properties to entities