To amend title I of the Housing and Community Development Act of 1974 to withhold community development block grant funds from States and communities that do not prohibit the use of the power of eminent domain that involves the taking of the property from private persons for commercial or economic development purposes and transfer of the property to other private persons.

This bill would prohibit state and local governments from receiving federal Community Development Block Grant (CDBG) funds if they use the power of eminent domain to take private property for the purpose of economic development. Specifically, it targets "private-to-private" transfers, where a government seizes land from one private owner to give or sell it to another private developer for commercial use. For everyday citizens, this legislation aims to increase federal protections for homeowners and small business owners by creating a financial penalty for local governments that use eminent domain to facilitate private commercial projects.