1. Short title This Act may be cited as the Neighborhood Revitalization and Land Banking Act of 2024 . 2. Definitions In this Act: (1) Land bank The term land bank means a government entity, agency, or program, or a special purpose nonprofit entity formed by 1 or more units of government in accordance with a State or local land bank enabling law, that has been designated by 1 or more State or local governments to acquire, steward, and dispose of vacant, abandoned, or other problem properties in accordance with locally determined priorities and goals. (2) Secretary The term Secretary means the Secretary of Housing and Urban Development. (3) Targeted revitalization corridor The term targeted revitalization corridor means a segment of a community in need of revitalization that— (A) may be delineated by major streets or physical topography; (B) reflects a cohesive and targeted geographic area with shared character; and (C) has boundaries proposed and justified by individual grant applicants based on unique community need. 3. Blight mapping grants (a) Establishment The Secretary shall establish a program under which the Secretary may make grants to eligible entities to assist in monitoring property conditions and developing a database for tracking blighted properties within a given geography. (b) Eligible entity An entity eligible for a grant under this section shall be— (1) a land bank; or (2) any county or local government that is not served by a land bank, for a period of not more than 4 years. (c) Application (1) Contents An eligible entity desiring a grant under this section shall submit to the Secretary an application at such time, in such manner, and including such information as the Secretary may require. (2) Priority If the overall resources provided to carry out the program under this section are insufficient to fund all qualified applicants in a given fiscal year, the Secretary shall prioritize— (A) applicants that are land banks