AUSTIN, Texas — On Wednesday, the administrator of the U.S. General Services Administration (GSA) announced key investments that are a part of the fiscal year 2021 President's Budget Request – including one in Austin.

The proposed $21.3 billion gross budget – $868 million net budget – for GSA "reflects the administration's commitment to strategic investments in our nation's real property management," the GSA said Wednesday.

"Looking forward to [fiscal year] 2021, GSA will be making strategic capital investments that lead to reduction in costly-leased space, streamlining and standardizing the federal payroll systems through NewPay and moving agencies from antiquated legacy systems to more secure, efficient and modern platforms," GSA Administrator Emily Murphy said.

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Of the $10.4 billion GSA requested for the "Federal Buildings Fund" to maintain and operate its real estate portfolio, $1.4 billion is included for repairs and alternations to improve space, safety and the condition of government-owned assets. One example is the Austin Finance Center, located at 1619 Woodward Street.

The GSA has requested $36,442,000 for that project, which would replace building systems and the roof of the Austin Finance Center, improve energy efficiency and convert vacant light industrial space to office space for the Department of Veteran Affairs (VA). The relocation of the VA to this building would save approximately $1 million in annual lease costs, according to the GSA. The requested amount would include design, construction and management and inspection services for the project, the GSA said.

The GSA said the overall proposed $21.3 billion gross budget request also includes "investments in real estate property infrastructure, support for the government's development of innovative technology and expansion of shared services."

WATCH: Travis County commissioners approve $1.2B budget

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