(The Center Square) – Congress provided no new appropriations to a federal property-disposal fund for three straight years even as proceeds from earlier property sales accumulated in the account, and the board created to accelerate those disposals is set to cease operations Dec. 31, a Government Accountability Office report found.
The Public Buildings Reform Board was created under the 2016 Federal Assets Sale and Transfer Act, known as FASTA, to identify unneeded federal properties and recommend them for expedited sale, working alongside the General Services Administration.
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