The Operation of Military Family Housing as a Business Enterprise. A Case Study at Langley Air Force Base, Virginia
Abstract:
The focus of this research was to determine the feasibility of operating Military Family Housing MFH as a business enterprise, based on rental income. A case study of the Langley AFB Military Family Housing operation during FY 90 was used to determine if housing allowances forfeited by residents of base housing would provide sufficient rental income for the annual operations, maintenance and capital improvement of the MFH assets. It further compared the descriptive data from Langley AFB, Virginia, to USAF averages to determine if the findings at Langley were generalizable across the Air Force. The case study showed that Basic Allowance for Quarters and Variable Housing Allowance forfeitures of Langley MFH residents during FY 90 exceeded actual expenditures by 7. This indicated that the Langley AFB MFH complex could operate as a business enterprise based on a rental income equal to the BAQ and VHA forfeited by its residents.