Fiscal Year 2016: Public benefit conveyance of 36 properties having an estimated value of $2.8 million. Fiscal Year 2017: As of August 31, 2017, public benefit conveyance of 30 properties having an estimated value of $30.4 million. Fiscal Year 2018: Current data unavailable.
Uses and Use Restrictions
Based on a determination by GSA of a property?s highest and best use, surplus Federal real and related personal property may be conveyed to State and local governments and, in some cases, certain eligible non-profit organizations for various public purposes or uses as allowed by law.
These conveyances are called Public Benefit Conveyances (PBCs).
Under the law, PBCs are completed without monetary consideration or at discounts of up to 100 percent of the fair market value; and, depending on the PBC, the use of the property is restricted for a period of up to 30 years or in perpetuity.
Property may be conveyed at a discount of up to 100 percent for Homeless assistance use; if the property is conveyed by deed, it must be used for homeless assistance purposes for 30 years; if it is conveyed by lease or permit the property must be used for a period according to the terms of the lease or permit, which is generally not less than one year.
Surplus Federal real property is also conveyed at discounts of up to 100 percent for public park or recreation use (restriction: perpetuity); public health or educational purposes (restriction: 30 years for both); historic monument (restriction: perpetuity); correctional (restriction: perpetuity); law enforcement (restriction: perpetuity); emergency management response use, including fire and rescue services (restriction: perpetuity); self-help housing (restriction: 30 years for multifamily, 20 years for single family); port facility use (restriction: perpetuity): wildlife conservation (restriction: perpetuity); public airport (restriction: perpetuity); public highway use (restriction: perpetuity); public road widening use (restriction: perpetuity).
State and local government agencies are eligible to apply for surplus real property for park and recreation, correctional facility, law enforcement, historic monument, public airport, public health, educational, homeless assistance, self help housing, emergency management, public road widening and port facilities.
Eligibility for property for wildlife conservation use, other than for migratory birds and highway use, is limited to the States.
Tax-supported and nonprofit medical and educational institutions, housing assistance and homeless assistance providers which have been held exempt from taxation under 501(c)(3) of the Internal Revenue Code are also eligible to apply for property for health, educational, self help housing and homeless assistance use, respectively.
State and local governments and for certain programs, nonprofit organizations (501(c)(3) may also apply.
The applicant must submit an application describing the proposed program of use for the property and evidence of its ability to finance the program. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.
Aplication and Award Process
Preapplication coordination is required.
An environmental impact assessment is required for this program.
This program is excluded from coverage under E.O.
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Applications for public health and homeless assistance use are submitted to the Department of Health and Human Services (HHS) which requests assignment of the property from GSA; applications for educational use are submitted to the Department of Education which requests assignment of the property from GSA; applications for both park and recreation and historic monument uses are submitted to the National Park Service, Department of the Interior. The National Park Service requests assignment of the property from GSA for park and recreation use; applications for correctional and law enforcement uses are submitted to the Office of Justice Programs, Bureau of Justice Assistance, Department of Justice; applications for emergency management response uses are submitted to the Federal Emergency Management Agency, Department of Homeland Security; applications for self-help housing are submitted to the Department of Housing and Urban Development, which requests assignment of the property from GSA; applications for port facilities are submitted to the Maritime Administration, Department of Transportation; applications for highway use are submitted to the Federal Highway Administration, Department of Transportation; for public airport use and wildlife conservation use, GSA supplies the applications, which are then submitted to the Federal Aviation Administration, Department of Transportation and the Fish and Wildlife Service, Department of the Interior, respectively.
Typically, the sponsoring agency responsible for reviewing and approving the application makes the award; however, for wildlife conservation and public airport uses, GSA makes the award.
Contact the headquarters or regional office, as appropriate, for application deadlines.
Executive Order Public Buildings, Property and Works, Public Law 102-517.
Range of Approval/Disapproval Time
From 30 to 60 days. From 1 to 2 months.
From 1 to 15 days.
From 60 to 90 days.
Formula and Matching Requirements
This program has no statutory formula. This program has no matching requirements. This program does not have MOE requirements.
Length and Time Phasing of Assistance
Not applicable. Method of awarding/releasing assistance: lump sum.
Post Assistance Requirements
No reports are required.
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503.
(Salaries) FY 16 $4,000,000; FY 17 est $4,200,000; and FY 18 est $4,300,000 - These are rough estimates of the salary costs for labor devoted to Public Benefit Conveyances. There is no separate appropriation or fund for the PBC program.
Range and Average of Financial Assistance
No Data Available.
Regulations, Guidelines, and Literature
Regional or Local Office
See Regional Agency Offices. Director, Office of Property Disposal, General Services Administration. Applicant's initial contact should be at the regional level. See the Office of Property Disposal for each Region listed in Appendix IV of the Catalog.
David Stinson, 1800 F Street NW, Washington, District of Columbia 20405 Email: firstname.lastname@example.org Phone: (202) 208-0324.
Criteria for Selecting Proposals
A recruiting trends report by Michigan State University’s (MSU) Collegiate Employment Research Institute discovers that the financial services sector is decreasing the hiring rate for Bachelor’s degrees from “double-digit expansion”.