Relating to publicly-owned real property; and declaring an emergency.

Requires local governments, and allows mass transit districts or transportation districts, to prepare and submit to Department of Land Conservation and Development inventory of surplus real property. Directs department to submit report on surplus real property to interim committees of Legislative Assembly related to housing no later than February 1 of each even-numbered year. Establishes alternative process for city to sell real property for purpose of developing affordable housing. Declares emergency, effective on passage.