Project Rebuild Act of 2011
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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).
Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3502: Project Rebuild Act of 2011. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3502/
"H.R. 3502: Project Rebuild Act of 2011." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3502/.
H.R. 3502, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3502/.
[H.R. 3502: Project Rebuild Act of 2011](https://openamerica.io/bill/112-HR-3502/)