H.R.1550 - Revitalize America Act of 2013113th Congress (2013-2014)
|Sponsor:||Rep. Kildee, Daniel T [D-MI-5] (Introduced 04/15/2013)|
|Committees:||House - Financial Services|
|Latest Action:||04/15/2013 Referred to the House Committee on Financial Services. (All Actions)|
This bill has the status Introduced
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Summary: H.R.1550 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in House (04/15/2013)
Revitalize America Act of 2013 - Permits a state or state agency to use up to 25% of amounts of assistance allocated to it through the Hardest Hit Fund program for demolition of foreclosed-upon properties and related expenses.
Limits such assistance to: (1) a grantee public organization that administers the demolition, and (2) only if the foreclosed-upon properties are owned by the grantee at the time of the demolition.