Congress finds the following:
(1)
The United States is facing a housing supply shortage that has resulted in a record number of housing cost-burdened households across regions and spanning the large and small cities, towns, and coastal and rural communities of the United States.
(2)
The Postal Service has operated with an annual financial loss in each year since fiscal year 2007. In fiscal year 2025, the Postal Service reported a net loss of $9,000,000,000.
(3)
The Postal Service owns roughly 8,500 parcels of land in communities across the country, many of which are suitable for housing development.
(4)
The development of housing on land owned by the Postal Service is consistent with its longstanding mission and the delivery of prompt, reliable, and efficient mail services to all communities.
(5)
In order to generate revenue to improve its financial position, and respond to the national housing supply shortage, it is in the public interest for the Postal Service to pursue opportunities to lease to State, local, and Tribal governments and their development partners those real property rights which would facilitate housing development and which would create new sources of revenue for the Postal Service.