Military housing management improvements needed as the pace of privatization quickens.

Download or read book Military housing management improvements needed as the pace of privatization quickens. written by and published by DIANE Publishing. This book was released on 2002 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renovating or replacing 168,000 inadequate military family housing units using traditional military construction methods would take over 20 years and cost about $16 billion. In 1996, to improve housing faster and more economically, Congress authorized the Military Housing Privatization Initiative to allow private-sector financing, ownership, operation, and maintenance of military housing. At the request of the Subcommittee on Military Construction, House Committee on Appropriations, GAO examined the reliability of military housing needs assessments, as well as achievement of privatization financial goals and government protections in contract provisions.