1. Short title This Act may be cited as the FASTA Reform Act of 2024 . 2. Amendments to the Federal Assets Sale and Transfer Act of 2016 (a) Purposes Section 2 of the Federal Assets Sale and Transfer Act of 2016 ( 40 U.S.C. 1303 note; Public Law 114–287 ) is amended— (1) in paragraph (9), by striking and at the end; (2) in paragraph (10), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following: (11) implementing innovative methods for the sale, redevelopment, consolidation, or lease of Federal buildings and facilities, including the use of no cost, nonappropriated contracts for expert real estate services to obtain the highest and best value for the taxpayer. . (b) Definitions Section 3(5)(B)(viii) of the Federal Assets Sale and Transfer Act of 2016 ( 40 U.S.C. 1303 note; Public Law 114–287 ) is amended by inserting , other than office buildings and warehouses, after Properties . (c) Board Section 4(c)(3) of the Federal Assets Sale and Transfer Act of 2016 ( 40 U.S.C. 1303 note; Public Law 114–287 ) is amended— (1) by striking The term and inserting the following: (A) In general Subject to subparagraph (B), the term ; and (2) by adding at the end the following: (B) Limitation Notwithstanding subparagraph (A), the term of a member of the Board shall continue beyond 6 years until such time as the President appoints a replacement member of the Board. . (d) Board meetings Section 5(b) of the Federal Assets Sale and Transfer Act of 2016 ( 40 U.S.C. 1303 note; Public Law 114–287 ) is amended by striking Five Board members and inserting 4 Board members . (e) Executive Director Section 7 of the Federal Assets Sale and Transfer Act of 2016 ( 40 U.S.C. 1303 note