To amend the Housing and Community Development Act of 1974 to set-aside community development block grant amounts in each fiscal year for grants to local chapters of veterans service organizations for rehabilitation of their facilities.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Renovate and Enhance Veterans' 
Meeting Halls and Posts Act of 2010'' or the ``REVAMP Act of 2010''.

SEC. 2. COMPETITIVE GRANTS TO VETERANS SERVICE ORGANIZATIONS FOR 
              FACILITY REHABILITATION.

    (a) Grants.--Section 107 of the Housing and Community Development 
Act of 1974 (42 U.S.C. 5307) is amended by adding at the end the 
following new subsection:
    ``(g) Competitive Grants to Veterans Service Organizations for 
Facility Rehabilitation.--
            ``(1) Authority.--Using the amounts made available under 
        section 106(a)(4) in each fiscal year for grants under this 
        subsection, the Secretary shall make grants, on a competitive 
        basis, to eligible veterans service organizations for use for 
        repairs and rehabilitation of existing facilities of such 
        organizations.
            ``(2) Eligible veterans service organizations.--For 
        purposes of this subsection, the term `eligible veterans 
        service organization' means--
                    ``(A) an entity that is exempt from taxation 
                pursuant to section 501(c)(19) of the Internal Revenue 
                Code of 1986 (26 U.S.C. 501(c)(19)) and is organized on 
                a local or area basis; and
                    ``(B) a local or area chapter, post, or other unit 
                of a national, regional, Statewide, or other larger 
                entity of which local or area chapters, posts, or units 
                are members, that is exempt from taxation pursuant to 
                section 501(c)(19) of the Internal Revenue Code of 1986 
                (26 U.S.C. 501(c)(19)).
        Such term does not include any such national, regional, 
        Statewide, or other larger entity.
            ``(3) Limitations.--
                    ``(A) Amount.--No eligible veterans service 
                organization may receive grant amounts under this 
                subsection, from the amounts made available for any 
                single fiscal year, in an amount exceeding the lesser 
                of--
                            ``(i) the cost of the proposed repair or 
                        rehabilitation; or
                            ``(ii) $200,000.
                    ``(B) Timing.--Any eligible veterans service 
                organization that receives grant amounts under this 
                subsection from amounts made available for a fiscal 
                year shall be ineligible for any grant from any amounts 
                made available for such grants for any of the 
                succeeding 5 fiscal years.
            ``(4) Applications.--Applications for assistance under this 
        subsection may be submitted only by eligible veterans service 
        organizations, and shall be in such form and in accordance with 
        such procedures as the Secretary shall establish. Such 
        applications shall include a plan for the proposed repair or 
        rehabilitation activities to be conducted using grant amounts 
        under this subsection.
            ``(5) Selection; criteria.--The Secretary shall select 
        applications to receive grants under this subsection pursuant 
        to a competition and based on criteria for such selection, 
        which shall include--
                    ``(A) the extent of need for such assistance;
                    ``(B) the quality of the plan proposed for repair 
                or rehabilitation of the facility involved;
                    ``(C) the capacity or potential capacity of the 
                applicant to successfully carry out the plan; and
                    ``(D) such other factors as the Secretary 
                determines to be appropriate.
            ``(6) Prohibition of construction or acquisition.--No 
        amounts from a grant under this subsection may be used for the 
        construction or acquisition of a new facility.''.
    (b) Funding.--Subsection (a) of section 106 of the Housing and 
Community Development Act of 1974 (42 U.S.C. 5306(a)) is amended--
            (1) in paragraph (4), by striking ``and (3)'' and inserting 
        ``(3), and (4)'';
            (2) by redesignating paragraph (4) as paragraph (5); and
            (3) by inserting after paragraph (3) the following new 
        paragraph:
            ``(4) For each fiscal year, after reserving amounts under 
        paragraphs (1) and (2) and allocating amounts under paragraph 
        (3), the Secretary shall allocate $50,000,000 (subject to 
        sufficient amounts remaining after such reservations and 
        allocation) for grants under section 107(g).''.
    (c) Regulations.--The Secretary of Housing and Urban Development 
shall issue any regulations necessary to carry out sections 106(a)(4) 
and 107(g) of the Housing and Community Development Act of 1974, as 
added by the amendments made by this section, not later than the 
expiration of the 90-day period beginning on the date of the enactment 
of this Act.

Summary: Renovate and Enhance Veterans' Meeting Halls and Posts Act of 2010 or the REVAMP Act of 2010 - Amends the Housing and Community Development Act of 1974 to require the Secretary of Housing and Urban Development (HUD) to make grants, on a competitive basis, to eligible veterans service organizations for repairs and rehabilitation of their existing facilities. Defines eligible veterans service organization as: (1) a tax-exempt entity organized on a local or area basis. And (2) a local or area chapter, post, or other unit of a national, regional, statewide, or other larger entity of which local or area chapters, posts, or units are members . Prohibits an eligible veterans service organization from receiving such grant amounts, for any single fiscal year, in an amount exceeding the lesser of the cost of the proposed repair or rehabilitation or $200,000. Makes a grant recipient ineligible to receive another such grant until after five succeeding fiscal years. Prohibits the use of such grants for construction or acquisition of a new facility.