Military Housing Privatization: DOD Should Take Steps to Improve Monitoring, Reporting, and Risk Assessment
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.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 13, 2018
- Accession Number
- AD1157533
Entities
People
- Amie Lesser
- Brian J. Lepore
- Cheryl Weissman
- Jeffrey Love
- Kelly Friedman
- Kristy Williams
- Mike Silver
- Nancy Santucci
- Richard Powelson
- Ronnie Bergman
- Simon Hirschfeld
- Terence Lam
- Timothy Carr
- Tracy Barnes
Organizations
- United States Government Accountability Office