National Neighborhood Policy Act

National Neighborhood Policy Act - Establishes a National Commission on Neighborhoods composed 20 members. Directs the Commission: (1) to study the factors contributing to the decline of city neighborhoods and the factors contributing to the decline of city neighborhoods and the factors necessary for neighborhood survival and revitalization; (2) to make recommendations for modifications in Federal, State, and local laws, policies, and programs necessary to facilitate neighborhood preservation and revitalization; and (3) to report to Congress and to the President on such study.

Enumerates the powers of the Commission including the power: (1) to award contracts and grants to evaluate existing neighborhood revitalization programs and the impact of existing laws on neighborhoods; and (2) to hold hearings in neighborhoods for the purpose of carrying out the provisions of this Act.