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United States · Bill · HR

H.R. 3502 (112th)

Project Rebuild Act of 2011

referredUnited States· United States Congress· EN

Introduced

18 November 2011

Last action

12 January 2012 · Referred

Status

Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Sponsors

Rep. Waters, Maxine [D-CA-43], Rep. Frank, Barney [D-MA-4], Rep. Gutierrez, Luis V. [D-IL-4], Rep. Ackerman, Gary L. [D-NY-5], Rep. Clay, Wm. Lacy [D-MO-1], Rep. Miller, Brad [D-NC-13], Rep. Green, Al [D-TX-9], Rep. Cleaver, Emanuel [D-MO-5], Rep. Carson, André [D-IN-7], Sen. Peters, Gary C. [D-MI], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Richardson, Laura [D-CA-37], Rep. Conyers, John, Jr. [D-MI-13], ROBERT BRADY, Rep. Cicilline, David N. [D-RI-1], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Kildee, Dale E. [D-MI-5], Rep. Carnahan, Russ [D-MO-3], Rep. Watt, Melvin L. [D-NC-12], Rep. Pastor, Ed [D-AZ-4], Rep. Rush, Bobby L. [D-IL-1], Rep. Capuano, Michael E. [D-MA-8], Rep. Filner, Bob [D-CA-51], Rep. Cohen, Steve [D-TN-9], Rep. Richmond, Cedric L. [D-LA-2], Rep. Kaptur, Marcy [D-OH-9], Rep. Hahn, Janice [D-CA-44], Rep. Clarke, Hansen [D-MI-13], Rep. Ellison, Keith [D-MN-5]

Subjects

Housing

Source updated

14 August 2025

Housing

Summary

Project Rebuild Act of 2011 - Appropriates funds for assistance to eligible entities including state and local governments, and qualified nonprofit organizations, businesses or eligible consortia for the redevelopment of abandoned and foreclosed-upon properties and for stabilization of affected neighborhoods (Project Rebuild). Allows the use of funds to: (1) establish financing mechanisms for the purchase and redevelopment of abandoned and foreclosed-upon properties; (2) purchase and rehabilitate such properties; (3) establish and operate land banks for them; (4) demolish blighted structures (except public housing); and (5) redevelop abandoned, foreclosed, demolished, or vacant properties. Requires each state to receive at least $20 million of formula funds, all of which shall be used with respect to low and moderate-income individuals and families. Requires each state and local government grantee to establish procedures to create preferences for development of affordable rental housing. Allows a grantee to use up to 10% to create jobs by establishing and operating a program to maintain eligible neighborhood properties. Sets forth Buy American requirements. Requires all laborers and mechanics employed by contractors and subcontractors on federally-assisted projects to be paid wages at the locally prevailing rates (Davis-Bacon Act).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 November 2011

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 18 November 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 November 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 12 January 2012

    Referred

    Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 18 November 2011

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 18 November 2011

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 18 November 2011

    Open at official source

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Sponsors

Related records

Sources

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