Military Housing Privatization: DOD Should Take Steps to Improve Monitoring, Reporting, and Risk Assessment

reportActive / Technical Report | Accesssion Number: AD1157533 | Open PDF

Abstract:

In 1996 Congress provided DOD with authorities enabling it to obtain private-sector financing and management to repair, renovate, construct, and operate military housing. DOD has since privatized 99 percent of its domestic housing. The Senate Report accompanying a bill for the National Defense Authorization Act for 2017 included a provision that GAO review privatized military housing projects and the effect of recent changes in the basic allowance for housing on long-term project sustainability. This report examines the extent to which DOD has (1) assessed and reported the financial condition of each privatized housing project; (2) assessed the effects of recent reductions in the basic allowance for housing on privatized housing; and (3) defined notification requirements for project changes and risk tolerances relative to privatized housing goals. GAO reviewed policies, project oversight reports, and financial statements, and interviewed DOD officials and privatized housing developers.

Author(s):
Lepore, Brian J. ; Williams, Kristy ; Barnes, Tracy ; Bergman, Ronnie ; Carr, Timothy ; Friedman, Kelly ; Hirschfeld, Simon ; Lam, Terence ; Lesser, Amie ; Love, Jeffrey ; Powelson, Richard ; Santucci, Nancy ; Silver, Mike ; Weissman, Cheryl
Author Organization(s):
United States Government Accountability Office
Funding Organization(s):
United States Government Accountability Office, Washington , DC
Document Type:
Technical Report/Congressional Report
Publication Date:
2018 Mar 13
Pagination:
61

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution Code:
A - Approved For Public Release
Distribution Statement: Public Release

RECORD

Collection: TRECMS
Subject Terms
Communities of Interest:
Human Systems
Descriptor(s):
united states government, civil engineering, geography, congress, department of defense, federal budgets, united states naval academy, housing projects, military personnel, national governments, national security, united states, air force, geographic regions, governments, risk analysis, standards
Keyword(s):
Appropriated funds, Financial conditions, Military housing privatization, Reporting requirements
Subject Categories:
Behavioral and Social Sciences; Military Sciences
Creation Date:
2022 Jan 25
Update Date:
2022 Feb 09