0
0

GREATER Revitalization of Shopping Centers Act of 2023

12/15/2023, 3:57 PM

Summary of Bill HR 3178

Bill 118 hr 3178, also known as the GREATER Revitalization of Shopping Centers Act of 2023, aims to provide support and resources for the revitalization of shopping centers across the United States. The bill recognizes the importance of shopping centers as economic hubs in many communities and seeks to address the challenges they face in an evolving retail landscape.

The key provisions of the bill include funding for infrastructure improvements, such as parking lots and pedestrian walkways, to make shopping centers more accessible and attractive to consumers. Additionally, the bill provides grants for marketing and promotional efforts to help drive foot traffic to these centers.

Furthermore, the bill includes measures to support small businesses within shopping centers, such as providing technical assistance and access to capital. This is intended to help small businesses thrive and contribute to the overall success of the shopping center. Overall, the GREATER Revitalization of Shopping Centers Act of 2023 aims to support the economic vitality of shopping centers and the communities they serve. By providing resources and assistance to these centers, the bill seeks to ensure their continued relevance and success in the changing retail landscape.

Current Status of Bill HR 3178

Bill HR 3178 is currently in the status of Bill Introduced since May 10, 2023. Bill HR 3178 was introduced during Congress 118 and was introduced to the House on May 10, 2023.  Bill HR 3178's most recent activity was Referred to the House Committee on Financial Services. as of May 10, 2023

Bipartisan Support of Bill HR 3178

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
0
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3178

Primary Policy Focus

Housing and Community Development

Alternate Title(s) of Bill HR 3178

GREATER Revitalization of Shopping Centers Act of 2023
GREATER Revitalization of Shopping Centers Act of 2023
Grayfield Redevelopment and Economic Advancement Through Effective Repurposing and Revitalization of Shopping Centers Act of 2023
To amend the Housing and Community Development Act of 1974 to authorize grants to assist in redeveloping abandoned shopping centers, and for other purposes.

Comments