Vacancy to Value Act of 2026
Bill Summary
Requires the federal government to create a plan to sell or redevelop vacant properties, and establishes procedures for handling these properties. Funds would be allocated to support the renovation and resale of these properties.
Sponsored By
Bill Journey
- May 22, 2026
- May 22, 2026You Are Here
The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.
- TBD
The full chamber debates the bill, may amend it, and votes on whether to pass it.
- TBD
If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.
- TBD
If passed by both chambers, the bill goes to the President to sign into law or veto.
Why It Matters
This bill affects low-income homebuyers and residents of neighborhoods with high vacancy rates, as it could lead to more affordable housing options and revitalized communities. It also impacts local governments and economic development agencies, which would be involved in the planning and implementation of the property redevelopment process.
Impact Areas
Support & Opposition
- Democratic1
Documents
1
Full text opens on congress.gov, the official source.
Bill Details
- Health
Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.
