Monday, 2026-09-21 · · run 20260921T2317Z
Federal property disposal hindered by funding
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A temporary federal property disposal process has been hindered by funding uncertainty and other challenges, the Government Accountability Office said on Monday.
As of August 2026, 14 of 23 recommended and approved properties have been sold for about $576 million.
Stakeholders said the main benefit is potential funding to offset disposal costs, but accessing that funding has been a significant challenge, the GAO said.
Congress appropriated $90 million from 2016 to 2022 but provided no additional FASTA appropriations from 2023 to 2025.
In 2026, Congress appropriated an additional about $143 million in FASTA proceeds.
Other challenges include relocating tenants, particularly for the 2025 round where most properties remain occupied by federal tenants.
The General Services Administration and the Board suggested improvements if FASTA were extended beyond 2026, including greater access to sales proceeds.
Timeframes for completing disposal on many 2025 round properties are not clear due to shifting cost and schedule estimates.
Sources
- Federal Real Property: Funding and Other Challenges Have Hindered Progress Under a Temporary Disposal Process Government Accountability Office
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