DTIC ADA349851: Military Housing: Privatization Off to a Slow Start... | |
by Defense Technical Information Center | |
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The Department of Defense (DOD) spends about $8 billion | |
annually to provide housing for military members and | |
their families either by paying cash allowances for | |
members to live in private sector housing or by assigning | |
members to military-owned or -leased quarters. Over the | |
past several years, DOD has expressed concern over the | |
poor quality of the military housing inventory and the | |
need for renovations and improvements to bring the | |
housing up to contemporary standards. To improve housing | |
faster and more economically than could be achieved if | |
only traditional military construction appropriations | |
were used, the Congress approved DOD's request for a new | |
initiative, known as the Military Housing Privatization | |
initiative, that allows and encourages private sector | |
financing, ownership, operation, and maintenance of | |
military housing. Under the initiative, DOD can provide | |
direct loans, loan guarantees, and other incentives to | |
encourage private developers to construct and operate | |
housing either on or off military installations. Because | |
it represents a new approach to improving military | |
housing, GAO reviewed the implementation of the new | |
initiative to (1) measure progress to date, (2) assess | |
issues associated with privatizing military housing, and | |
(3) determine whether the new initiative is being | |
integrated with other elements of DOD's housing program. | |
Date Published: 2018-04-16 23:36:51 | |
Identifier: DTIC_ADA349851 | |
Item Size: 102013962 | |
Language: english | |
Media Type: texts | |
# Topics | |
DTIC Archive; ; GENERAL ACCOUNTING OF... | |
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