CFDA Number: 84.145
Program Type: Sale, Exchange, or Donation of Property and Goods
The Federal Property and Administrative Services Act of 1949 (P.L. 81-152), as amended, provides statutory authority for the disposal of excess real property to another executive agency having a need for the property, or, if there is no such need, for its disposal as surplus property in accordance with federal laws and regulations. The Federal Real Property Assistance Program conveys surplus Federal Real Property for educational purposes at fair market value. Property must be used for education purposes including but not limited to higher education, elementary and secondary education, libraries, central administrative facilities, educational television and radio, rehabilitation and training, vocational education and research, correctional education centers.