H.R.1550 - Revitalize America Act of 2013113th Congress (2013-2014)
Summary: H.R.1550 — 113th Congress (2013-2014)
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.