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HR 656 113th Congress House Housing and Community Development Government trust funds Housing and community development funding Housing finance and home ownership Income tax credits Securities Urban and suburban affairs and development

Restore our Neighborhoods Act of 2013

Introduced: February 13, 2013 Introduced by: Joyce, David P. Republican · Ohio See on congress.gov
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2013
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 13, 2013
Introduced in House
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 Plain-English summary Congressional Research Service

Restore our Neighborhoods Act of 2013 - Amends the Internal Revenue Code to establish a new category of tax credit bonds to be known as qualified urban demolition bonds. Allows the issuance of $4 billion of such bonds for the purpose of demolishing vacant, abandoned, and tax delinquent properties in urban areas. Provides for the allocation of $2 billion to all states to fund such demolition projects, and an additional $2 billion for certain other states in which at least 49% of total housing units were built before 1980 and which have greater numbers of vacant or foreclosed properties and higher unemployment rates (qualified states).

Authorizes the use of funds from the Hardest Hit Fund program established by title I of the Emergency Economic Stabilization Act to be used to demolish blighted structures.

What's happening now February 13, 2013

Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Related & companion bills 2
  • HR 655 Related bill To authorize States to use assistance provided under the Hardest Hit Fund program of the Department of the Treasury to …
  • S 1122 Related bill Neighborhood Safety Act of 2013
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 1 Republican 1
R
Turner, Michael R.
Ohio · Apr 10, 2013
Fudge, Marcia
· Feb 13, 2013
 D
Kaptur, Marcy
Ohio · Feb 13, 2013
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 656: Restore our Neighborhoods Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-656/
MLA
"H.R. 656: Restore our Neighborhoods Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-656/.
Bluebook (legal)
H.R. 656, 113th Cong. (2026), https://openamerica.io/bill/113-HR-656/.
Markdown link
[H.R. 656: Restore our Neighborhoods Act of 2013](https://openamerica.io/bill/113-HR-656/)
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