.da_story_info span
{
color: #333333;
}
Officials choose offeror for family housing privatization
VANDENBERG AIR FORCE BASE, Calif. -- Vandenberg officials announced July 30 that GMH Communities Trust's military housing division, GMH Military Housing, has been selected as the HRO, or highest ranked offeror, for the privatization of family housing.
As a result of the HRO selection, the company will participate in exclusive negotiations with Vandenberg officials for the development, management, construction and renovation of high-quality homes and other ancillary facilities and amenities to meet the needs of the Vandenberg community.
The 50-year project is expected to have up to six years for an initial development period, with estimated project costs valued at more than $150 million and covering an estimated 867 housing units.
"We look forward to working with GMH Communities Trust," said Col. Steve Tanous, 30th Space Wing commander. "As the Air Force moves to a leaner and more efficient force, it's imperative that we continue taking care of our Airmen. Housing remains a primary focus area for service members and their families, and GMH gives us the means to meet their need for quality housing."
Congressionally authorized since 1996, the Military Housing Privatization Initiative allows the Department of Defense and the Department of the Air Force to work with the private sector to upgrade the quality of family housing and operate and maintain the buildings.
The family housing assets are typically leveraged with private investment to accomplish housing construction and renovation goals faster and at a lower cost than military construction.
GMH Military Housing currently operates 10 military housing privatization projects. The company also has partnered The Department of the Air Force for the Air Education and Training Command Group, comprising four Air Force bases located at Altus AFB, Okla.; Luke AFB, Ariz.; Sheppard AFB, Texas; and Tyndall AFB, Fla.