Wednesday, November 5, 2008

PRIVATIZATION OF MILITARY HOUSING IS PLACED ON HOLD

Privatization of Military Housing is at a snail 's pace. But this is not bad for the local building industry. I had the opportunity to have breakfast with the leadership of Eglin AFB this morning and asked the question. What is the status of Privatization of Military Housing at Eglin? The answer was, it is on hold. What does this mean? Well the Air Force continues to demolish housing in preparation of the contract, which means the supply of housing continues to be reduced and the mandatory assignment process has been removed to make way for Privatization of Military Housing Contract. With this being said, new military members will be given their Basic Allowance for Housing and will be looking for a home to live in. If anybody has any questions, just give me a call. NOTE: First preference of the military is to give their servicemembers their housing entitlement and let them make their housing choice.

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