Buckley AFB Military Housing Privatization Project
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The Department of the Air Force is initiating a Military Housing Privatization project at Buckley Air Force Base in Colorado, aiming to privatize all existing military housing on the installation. The government plans to lease the land to a qualified developer for a 50-year term during which the developer will finance, design, construct, own, and operate a new 332-unit residential development for military families. Construction must be completed within three years after closing, with the developer responsible for providing safe, quality, affordable, and well-maintained housing that fosters a desirable community environment. The government may provide financial support in the form of a direct loan if necessary to facilitate the transaction. To support the project, an Industry Forum will be held to convey key information and address questions from interested parties. This event is scheduled for March 19, 2002, at the Denver Airport Marriott in Aurora, Colorado and aims to prepare developers for upcoming solicitations expected in April 2002. Interested parties are encouraged to review the Statement of Need posted online before attending to engage productively. The project reflects the Air Force's commitment to enhancing the quality of life for military families through improved housing options at Buckley AFB.
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