Tuesday, August 17, 2010

EGLIN HOUSING PRIVATIZATION PROJECT - HOW IT WILL AFFECT OUR AREA'S HOUSING

Okay folks, let put the facts on the table about the Eglin Housing Privatization Program. First, let me start with my qualifications on this issue. Not only am I a retired Coast Guard Officer, I was a former Military Housing Director for the Southeast United States with supervison and management for government owned and leased housing from Key West, FL to South Padre Island, TX, which included privatizing government housing, which started in 1995. With this being said, I will be briefing the Emerald Coast Association of Realtors this week on how this will affect this area. First of all, the private sector will benefit tremendously with both rentals and home sales. Here are the latest facts, which have been provide to me by Eglin AFB, as of yesterday.


1) Over 75% of Military Family Housing at Eglin and Hurlburt are more than 40 years old and do not meet standards.
2) Latest needs analysis revealed adequate availability of housing in region to support much of Eglin’s housing needs. Reduced base housing need from approximately 2,750 five years ago,to approximately 930. This reduction decision was made with the increase of the 7th Special Forces Group and F-35 Training Program coming to the area and bringing close to 5000 military personnel.
3) Eglin has already begun demolishing substandard housing units, which is part of the housing privatization project. Levels of existing homes at Eglin are now at about 1200 units from the orginal 2750 units.


If you want additional details, give me a call.

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