Federal redevelopment grant program

(a) Establishment The Secretary of Housing and Urban Development shall establish a Federal Redevelopment Grant Program to provide competitive grants to eligible entities acquiring property under section 2 for redevelopment and community revitalization purposes. (b) Eligible entities Entities eligible to receive grants under this section shall include— (1) units of State or local government; (2) Tribal governments; (3) public housing agencies; (4) community land trusts; (5) community development corporations; (6) nonprofit organizations; and (7) partnerships between public entities and nonprofit organizations. (c) Eligible uses Grant funds awarded under this section may be used for— (1) predevelopment and planning activities; (2) environmental remediation and site preparation; (3) demolition, rehabilitation, or construction costs; (4) infrastructure improvements; (5) development of affordable housing; (6) development of community facilities, including health clinics, childcare centers, schools, workforce development centers, and community centers; and (7) other activities determined appropriate by the Administrator to carry out the purposes of this Act. (d) Priority In awarding grants under this section, the Secretary shall prioritize projects that— (1) create or preserve permanently affordable housing; (2) benefit low-income or historically underserved communities; and (3) are proposed by community-based nonprofit organizations or public entities; (e) Community benefit requirement As a condition of receiving grant funds under this section, an eligible entity shall demonstrate that the proposed redevelopment project will provide a substantial public benefit to the surrounding community. (f) Reporting Recipients of grants under this section shall submit annual reports to the Secretary describing the use of funds, redevelopment progress, community impact, and compliance with the requirements of this Act. (g) Authorization of appropriations There are authorized to be appropriated such sums as may be necessary to carry out this section.