Section 801 Housing Program and Housing Investment for the Northeast Strategic Homeport: A Fiscal Cost-Benefit Analysis,
GEORGIA INST OF TECH ATLANTA
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A key feature of the 600 Ship Navy is the expansion of homeport facilities at strategic locations on both coasts of the United States. In order to maximize federal dollars spent on the most mission essential aspects of the Homeport Concept, Congress has urged the Navy to look for alternative methods of financing various supporting functions. One method under consideration for the New York Homeport is the build to lease provisions used frequently at European installations. Authorized under Section 801 of the FY 1984 Defense Authorization Bill, this concept is running into difficulty in the United States due to the extreme high cost of land in the areas where the installations are being established. One method to encourage local government participation is to justify a cost benefit to the local government due to the increased population housed for the base. If the return is sufficient, the local government can use their authority to secure land for use at no cost to the federal government. This cost-benefit study addresses these issues for a proposed housing plan in the highly populated New York City Metropolitan area.
- Structural Engineering and Building Technology
- Economics and Cost Analysis