The Resource Military Housing: Continued Concerns in Implementing the Privatization Initiative

Military Housing: Continued Concerns in Implementing the Privatization Initiative

Label
Military Housing: Continued Concerns in Implementing the Privatization Initiative
Title
Military Housing: Continued Concerns in Implementing the Privatization Initiative
Contributor
Subject
Language
eng
Summary
The Department of Defense (DOD) estimates that about 200,000 military family housing units are old, lack modern amenities, and require renovation or replacement. According to DOD, completing this work at current funding levels and using traditional military construction methods would take 30 years and cost about $16 billion. To improve housing more economically and faster than could be achieved if only traditional military construction funds were used, the Congress enacted legislation at DOD's request authorizing a 5-year pilot program, termed the Military Housing Privatization initiative, to allow private sector financing, ownership, operation, and maintenance of military housing. Under the program, starting in 1996, 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. Servicemembers, in turn, use their housing allowance to pay rent and utilities to live in the privatized housing. Although there can be exceptions, DOD's position is that the government's estimated total costs for a privatization project should be equal to or less than the total costs for the same project financed by military construction funding. To estimate and compare these costs as part of a project's approval process prior to solicitation, the services perform a life-cycle cost analysis. In response to a congressional mandate,1 GAO addressed the following questions: (1) What is the status of the housing privatization initiative? (2) What is the accuracy of the services' life-cycle cost analyses that compare the cost of proposed privatization projects to comparable projects financed through military construction funds? (3) What progress is DOD making in coordinating and integrating the initiative with other family housing programs?
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL AFFAIRS DIV
http://library.link/vocab/subjectName
  • Military facilities
  • Construction
  • Housing(dwellings)
  • Privatization
  • Maintenance
  • Methodology
  • Military personnel
  • Congress
  • Department of defense
  • Cost analysis
  • Costs
  • Life cycle costs
  • Legislation
  • Leasing
  • Money
  • Military engineering
  • Economics and Cost Analysis
  • Civil Engineering
  • Military Forces and Organizations
Label
Military Housing: Continued Concerns in Implementing the Privatization Initiative
Instantiates
Publication
Note
Report to Congressional Committees
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Extent
67 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
Hein Online
System control number
  • (OCoLC)227917271
  • (OCoLC)ocn227917271
Label
Military Housing: Continued Concerns in Implementing the Privatization Initiative
Publication
Note
Report to Congressional Committees
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Extent
67 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
Hein Online
System control number
  • (OCoLC)227917271
  • (OCoLC)ocn227917271

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