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Airmen are at the heart of the Air Force mission. In order to recruit and retain the best and the brightest, the Air Force must actively work to construct a desirable lifestyle for Airmen and their families.
Housing privatization portfolio management is responsible for the short and long-range development and management of the Air Force's privatized housing program -- military family housing and unaccompanied housing inventories. Working side-by-side with project owner partners, it aims to promote an Air Force-unique "sense of community" on installations by building thriving housing communities for service members and their families. Over the years, the program's focus has shifted to oversight and compliance to ensure that the agreements, which include operations, maintenance and modernization of homes for up to 50 years, are met by the project owners -- ensuring that the needs of Airmen and their families are taken care of on the home front.
Real estate development brings a business approach to asset management through value-based transactions like Enhanced Use Leases to generate value for installations. Air Force real estate experts form long-term collaborative efforts with private industry to develop projects that provide economic benefit and foster stronger relations with local communities. Through business development and project execution teams, it helps installations harness private industry creativity and resources to deliver projects that yield maximum benefit to the Air Force and all stakeholders.
For more on Real Estate Development click here.
AFCEC's Installations Directorate Stakeholder Report is a snapshot of accomplishments and major milestones that charted the directorate's path in Fiscal 2019 and will guide it in the year to come.