[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 5298 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 5298

To facilitate the leasing of United States Postal Service property for 
          the development of housing, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             August 6, 2026

 Mr. Van Hollen (for himself and Mr. Curtis) introduced the following 
 bill; which was read twice and referred to the Committee on Homeland 
                   Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
To facilitate the leasing of United States Postal Service property for 
          the development of housing, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Delivering Americans Affordable 
Homes Act''.

SEC. 2. FINDINGS.

    Congress finds the following:
            (1) The United States is facing a housing supply shortage 
        that has resulted in a record number of housing cost-burdened 
        households across regions and spanning the large and small 
        cities, towns, and coastal and rural communities of the United 
        States.
            (2) The Postal Service has operated with an annual 
        financial loss in each year since fiscal year 2007. In fiscal 
        year 2025, the Postal Service reported a net loss of 
        $9,000,000,000.
            (3) The Postal Service owns roughly 8,500 parcels of land 
        in communities across the country, many of which are suitable 
        for housing development.
            (4) The development of housing on land owned by the Postal 
        Service is consistent with its longstanding mission and the 
        delivery of prompt, reliable, and efficient mail services to 
        all communities.
            (5) In order to generate revenue to improve its financial 
        position, and respond to the national housing supply shortage, 
        it is in the public interest for the Postal Service to pursue 
        opportunities to lease to State, local, and Tribal governments 
        and their development partners those real property rights which 
        would facilitate housing development and which would create new 
        sources of revenue for the Postal Service.

SEC. 3. DEFINITIONS.

    In this Act:
            (1) Eligible housing use.--The term ``eligible housing 
        use'' means a project to construct new housing units--
                    (A) for which not less than 80 percent of the total 
                net rentable area is exclusively for residential use; 
                and
                    (B) which may include commercial, recreational, or 
                public uses.
            (2) Joint development partnership.--The term ``Joint 
        Development Partnership'' means a joint venture to acquire real 
        property rights and develop the property for an eligible 
        housing use--
                    (A) consisting of--
                            (i) a public entity; and
                            (ii) 1 or more entities with the 
                        demonstrated capacity to construct and operate 
                        housing for rent, including any--
                                    (I) private entity;
                                    (II) non-profit entity;
                                    (III) public housing agency; or
                                    (IV) local housing finance agency; 
                                and
                    (B) that is memorialized in a contract, a 
                memorandum of understanding, or other legally binding 
                agreement.
            (3) Office.--The term ``Office'' means the Housing Liaison 
        Office established under section 4(a).
            (4) Postal service.--The term ``Postal Service'' means the 
        United States Postal Service.
            (5) Postmaster.--The term ``Postmaster'' means the 
        Postmaster General of the United States Postal Service.
            (6) Public entity.--The term ``public entity'' means--
                    (A) a State, or an agency or instrumentality of a 
                State;
                    (B) a political subdivision of a State, or an 
                agency or instrumentality of a political subdivision of 
                a State;
                    (C) the District of Columbia, Puerto Rico, the 
                Virgin Islands, Guam, American Samoa, and or the 
                Commonwealth of the Northern Mariana Islands, or agency 
                or instrumentality of any such district or territory; 
                or
                    (D) an Indian tribe or authorized tribal 
                organization, or Alaska Native village or organization.

SEC. 4. HOUSING LIAISON OFFICE.

    (a) Establishment.--
            (1) In general.--Not later than 60 days after the date of 
        enactment of this Act, the Postmaster shall establish within 
        the Postal Service a Housing Liaison Office.
            (2) Placement.--The Postmaster may task an existing office 
        of the Postal Service with the functions of the Office.
    (b) Duties.--The duties of the Office shall be to support the lease 
of Postal Service real property for housing development in accordance 
with this Act and carry out the following:
            (1) Inventory parcels for leasing.--
                    (A) In general.--The Office shall identify all real 
                property owned by the Postal Service, with respect to 
                which the lease of such property, in whole or in part, 
                including the lease of any right in connection with 
                such property, may be feasible for housing development.
                    (B) Factors.--In identifying any parcel of real 
                property for the purposes of subparagraph (A), the 
                Office shall consider--
                            (i) the parcel's size, shape, grading, 
                        adjacencies, developable air rights, 
                        developable ground rights, and potential for 
                        site consolidation with neighboring land 
                        parcels;
                            (ii) any physical constraints on the 
                        development of the parcel for housing; and
                            (iii) the parcel's proximity to amenities, 
                        including employers, public transportation 
                        stations, utilities, and other services and 
                        amenities.
                    (C) Publication of inventory.--Not later than 180 
                days after the date of enactment of this Act, and 
                annually thereafter on January 1 of each year, the 
                Office shall publish the inventory of property 
                identified under subparagraph (A) in the Federal 
                Register and on an official Postal Service website.
            (2) Establish a joint development process.--
                    (A) Establishment.--Not later than 180 days after 
                the date of enactment of this Act, the Office shall 
                publish guidance on a publicly available website 
                establishing a process by which a Joint Development 
                Partnership may propose and negotiate with the Office 
                to lease, in whole or in part, Postal Service real 
                property, including developable ground rights, 
                developable air rights, and any other potential 
                development rights, for an eligible housing use.
                    (B) Requirements.--The joint development process 
                established under subparagraph (A) shall, in sequential 
                order--
                            (i) permit a public entity to identify any 
                        particular parcel of real property owned by the 
                        Postal Service for a joint development 
                        proposal, whether or not it is included in the 
                        inventory published under paragraph (1)(C);
                            (ii) permit a Joint Development Partnership 
                        to propose an eligible housing use for the 
                        parcel; and
                            (iii) permit a Joint Development 
                        Partnership to enter into negotiations with the 
                        Office to potentially lease the identified 
                        parcel, in accordance with this Act.
                    (C) Model documents.--Not later than 180 days after 
                the date of enactment of this Act, the Office shall 
                make publicly available model lease agreements and 
                model versions of other transactional documents which 
                may be used by the Office to complete real property 
                transactions pursuant to this Act.
            (3) Disposition for housing development.--
                    (A) Permitted dispositions.--The Office shall, at 
                the discretion of the Office and subject to the 
                approval of the Postmaster, enter into a lease of real 
                property rights, including developable ground rights, 
                developable air rights, and any other potential 
                development rights, in connection with any real 
                property owned by the Postal Service with a Joint 
                Development Partnership for an eligible housing use, in 
                accordance with section 5.
                    (B) Considerations; refusal to lease.--The Office 
                shall consider in its decision to enter into a lease 
                agreement and may refuse to lease property rights under 
                this Act if--
                            (i) the financial benefit of such lease to 
                        the Postal Service would be less than the cost 
                        to the Postal Service arising from the 
                        development of housing pursuant to the lease 
                        agreement; or
                            (ii)(I) the development of housing pursuant 
                        to the lease agreement would be substantially 
                        disruptive to the delivery of mail; and
                            (II) the Postal Service would be unable to 
                        mitigate such disruption with reasonable 
                        changes to its delivery service.
                    (C) Prioritization.--The Office shall prioritize 
                prospective lease agreements--
                            (i) that cover the costs, in whole or in 
                        part, of the maintenance, renovation, or 
                        rehabilitation of the Postal Service facility 
                        at the property of the prospective lease;
                            (ii) with a Joint Development Partnership 
                        the component entities of which--
                                    (I) have previously demonstrated 
                                time and cost efficiency in housing 
                                development;
                                    (II) have previously constructed 
                                housing with the support of Federal, 
                                State, local, or non-profit subsidies; 
                                and
                                    (III) have demonstrated willingness 
                                to obtain Federal, State, local, or 
                                non-profit subsidies for development of 
                                housing on the property of the 
                                prospective lease; and
                            (iii) that maximize the income-restricted 
                        affordability of the units in the proposed 
                        housing development project.
    (c) Consultants.--The Office may hire experts and consultants as 
may be necessary to carry out its functions under this Act.

SEC. 5. LEASE AGREEMENTS.

    (a) In General.--Each lease agreement entered into pursuant to this 
Act shall--
            (1) be for a term of not less than 60 years;
            (2) specify affordability terms, including that--
                    (A) restrictions on affordability in the lease 
                agreement shall last for not less than 50 years; and
                    (B) not less than 20 percent of units in the 
                proposed housing development project shall be 
                affordable to households earning 80 percent or less of 
                the Area Median Income of the area of the proposed 
                housing project, adjusted for household size; and
            (3) over the life of the lease, provide revenue to the 
        Postal Service of not less than the lesser of--
                    (A) the appraised fair annual rental value of the 
                leased property rights, as appraised at the time the 
                parties enter into the lease agreement, minus the value 
                of any public benefit, at the discretion of the Postal 
                Service; or
                    (B) the net present value of the leased property 
                rights, as appraised at the time the parties enter into 
                the lease agreement, minus the value of any public 
                benefit, at the discretion of the Postal Service.
    (b) No Sales.--The Office may not enter into any agreement to sell 
any real property rights to a Joint Development Partnership for an 
eligible housing use pursuant to this Act.
    (c) Preservation.--In any lease agreement under this Act, the 
Office shall preserve any art that--
            (1) is physically located at the Postal Service property 
        subject to the lease agreement;
            (2) was completed between 1934 and 1943; and
            (3) was commissioned, in whole or in part, with funding 
        from the United States Department of the Treasury Section of 
        Painting and Sculpture Program, United States Department of the 
        Treasury Section of Fine Arts, or United States Department of 
        the Treasury Relief Art Project.
    (d) Other Requirements.--All laborers and mechanics employed by 
contractors or subcontractors in the performance of construction, 
alteration, or repair work carried out, in whole or in part, pursuant 
to a lease agreement under this Act shall be paid wages at rates not 
less than those prevailing on projects of a similar character in the 
locality as determined by the Secretary of Labor in accordance with 
subchapter IV of chapter 31 of title 40, United States Code. With 
respect to the labor standards specified in this subsection, the 
Secretary of Labor shall have the authority and functions set forth in 
Reorganization Plan Numbered 14 of 1950 (64 Stat. 1267; 5 U.S.C. App.) 
and section 3145 of title 40, United States Code.
    (e) Rule of Construction.--The lease of property rights pursuant to 
this Act shall not, by itself, be considered to be a closure or 
consolidation for purposes of section 404(d) of title 39, United States 
Code, or any regulations issued under that section.

SEC. 6. FUNDING.

    (a) Initial Funding.--Upon the enactment of this Act, the Postal 
Service shall reserve the next $10,000,000 dollars it receives in 
revenue from the sale of Postal Service property for carrying out the 
activities of the Office.
    (b) Authorization of Appropriations.--
            (1) In general.--There are authorized to be appropriated to 
        the Postal Service to carry out this Act, to remain available 
        until expended--
                    (A) $10,000,000 for fiscal year 2027;
                    (B) $10,000,000 for fiscal year 2028;
                    (C) $10,000,000 for fiscal year 2029;
                    (D) $10,000,000 for fiscal year 2030; and
                    (E) $10,000,000 for fiscal year 2031.
            (2) Authorization in subsequent fiscal years.--To the 
        extent amounts authorized to be appropriated under paragraph 
        (1) for a fiscal year are not appropriated in that fiscal year, 
        such amounts are authorized to be appropriated in a subsequent 
        fiscal year, in addition to any other amount authorized to be 
        appropriated in that subsequent fiscal year.
    (c) Revenue From Activities.--Each year, the Postal Service may 
reserve up to $10,000,000 (as adjusted annually for inflation) that it 
receives from lease agreements entered into under this Act for carrying 
out the activities of the Office. All other revenue from lease 
agreements entered into under this Act shall be deposited into the 
Postal Service Fund.

SEC. 7. PRESERVATION OF AUTHORITY.

    Nothing in this Act shall be construed to limit any authority of 
the Postal Service over real property under section 401 of title 39, 
United States Code.
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