US Congress House Bill 3502 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 29-0)
Status: Introduced on November 18 2011 - 25% progression, died in committee
Action: 2012-01-12 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Pending: House Subcommittee on Insurance, Housing and Community Opportunity Committee
Text: Latest bill text (Introduced) [PDF]

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).

Project Rebuild Act of 2011

Rep. Maxine Waters [D-CA]	Rep. Gary Ackerman [D-NY]	Rep. Robert Brady [D-PA]	Rep. Michael Capuano [D-MA]
Rep. Russ Carnahan [D-MO]	Rep. Andre Carson [D-IN]	Rep. David Cicilline [D-RI]	Rep. Hansen Clarke [D-MI]
Rep. Lacy Clay [D-MO]	Rep. Emanuel Cleaver [D-MO]	Rep. Steve Cohen [D-TN]	Rep. John Conyers [D-MI]
Rep. Keith Ellison [D-MN]	Rep. Bob Filner [D-CA]	Rep. Barney Frank [D-MA]	Rep. Al Green [D-TX]
Rep. Luis Gutierrez [D-IL]	Rep. Janice Hahn [D-CA]	Rep. Sheila Jackson-Lee [D-TX]	Rep. Marcy Kaptur [D-OH]
Rep. Dale Kildee [D-MI]	Rep. Brad Miller [D-NC]	Rep. Eleanor Norton [D-DC]	Rep. Ed Pastor [D-AZ]
Sen. Gary Peters [D-MI]	Rep. Laura Richardson [D-CA]	Rep. Cedric Richmond [D-LA]	Rep. Bobby Rush [D-IL]
Rep. Melvin Watt [D-NC]

Date	Chamber	Action
2012-01-12	House	Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
2011-11-18	House	Referred to the House Committee on Financial Services.

HB12 (Related) 2011-10-21 - Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
SB1549 (Related) 2011-09-14 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 165.
SB1660 (Related) 2011-10-11 - Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the bill made in Senate. (consideration: CR S6383)
SB2162 (Related) 2012-05-08 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-677.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3502/all-info
Text	https://www.congress.gov/112/bills/hr3502/BILLS-112hr3502ih.pdf