AFRPA Strategic Plan Aligns Goals for EUL Program with Parent Organizations
- June 6, 2011
The Air Force Real Property Agency (AFRPA) has set a series of goals to advance its enhanced use leasing (EUL) program, including improving and streamlining its business processes to encourage developer participation, according to a recent update of the agency’s strategic plan.
Despite the challenges of the current economic climate, the agency believes there are opportunities to attract private-sector partners “who understand the inherent stability of commercial activities associated with Air Force property,” the plan states.
Other goals for the Air Force’s EUL program include:
- Educating the service’s stakeholders on how EUL deals support and enhance their missions and neighboring communities;
- Getting involved during the early planning stages to ensure quality decision-making;
- Diversifying its portfolio and expertise to leverage market opportunities;
- Aligning the EUL program to meet the Air Force’s goals related to energy, sustainability and security; and
- Developing a business plan focused on future EUL deal strategies.
The Air Force’s EUL program has experienced dramatic growth in the past two years and has a portfolio value exceeding $190 million. Future EUL deals will support the Air Force’s goals and mission priorities, focusing on energy, sustainable installations, natural infrastructure management and asset utilization.
“Creativity and market forces are the only limiting factors to the EUL program’s success,” according to the plan.
The strategic plan also addresses AFRPA’s BRAC program, calling for the agency to accelerate property transfer by 2012 and solve environmental challenges.