RESTORE Third Spaces Act of 2026

The RESTORE Third Spaces Act of 2026 establishes a three-year federal pilot program to provide grants for renovating and developing community gathering places known as "third spaces," which are public areas distinct from home and work. Administered by the Department of Commerce, the program offers up to $200 million to local governments, nonprofits, and other eligible entities to support projects that strengthen local economies and reduce social isolation. A key requirement of the bill is that at least 60% of the funding must go to low-income and underserved communities, and the resulting spaces must remain free or low-cost for the public. To ensure accountability, recipients must engage the community in the design process and report on attendance, economic impact, and social benefits, with a final report submitted to Congress after the pilot period concludes.