Revitalize Our Neighborhoods Act of 2025

Summary

Authorizes the Department of Housing and Urban Development to run a competitive grant program that funds demolition, site clearance, renovation, vacant land management, and creation/preservation of affordable housing in low-income communities. Grants go to states, local governments, and multi-jurisdictional entities (with pass-throughs allowed to land banks and Community Housing Development Organizations), require a 15% local match, cap administrative costs at 10%, and must be spent within five years. Applicants must submit a detailed five-year plan identifying target low-income communities, proposed eligible activities, timelines, and matching sources; HUD will select winners by competition, may coordinate grant activities with other federal programs, and must provide technical assistance (limited to 5% of appropriations). Grant funds cannot be used to buy occupied homes.

• Creates a HUD-run competitive grant program focused on eliminating blight and revitalizing low-income neighborhoods.
• Eligible uses include demolition, deconstruction, vacant land management, renovation of blighted properties, and producing or preserving affordable housing linked to blight removal.
• Recipients must provide a 15% match and submit a detailed five-year plan showing how funds will be spent and outcomes achieved.
• Administrative costs are capped at 10% per recipient; HUD may use up to 5% of appropriations for technical assistance.
• Grants can be passed to land banks and CHDOs; States may subgrant to local governments, but funds cannot buy occupied homes.
• HUD will award grants competitively using Secretary-established criteria and provide lifecycle technical assistance.
• Grant and matching funds must be expended within five years of receipt.
• Allowed matching sources explicitly include some federal program funds and proceeds from property sales renovated with grant funds.
• Program is authorization of grant-making authority; it does not itself appropriate funds.
• Designed to coordinate with other federal programs to leverage resources and capacity.