• New Residential Neighborhood Opens at Eglin AFB

    New Residential Neighborhood Opens at Eglin AFB0

    A new 747-residence neighborhood at Eglin Air Force Base, Fla., is starting to welcome its first residents ahead of its grand opening scheduled for May 3. The new homes, a mix of duplexes and single-family units, feature a British West Indies architectural style that reflects a Florida Gulf sensibility, reports Air Force Civil Engineer Center Public Affairs. The neighborhood has homes for airmen and their families of all ranks, from junior enlisted to general grade officers, and includes a 12,000-square-foot community center …

  • Army Hoping to Avoid Out-of-Pocket Housing Costs for Soldiers Living On-Post

    Army Hoping to Avoid Out-of-Pocket Housing Costs for Soldiers Living On-Post0

    The Army has directed its private housing partners to look for ways to trim the cost of operating their projects as a response to the reduction in basic allowance for housing (BAH) payments Congress has authorized to alleviate the Defense Department’s fiscal constraints. By slowing the rate of increase in the BAH, out-of-pocket housing costs for service members are slated to rise by one percentage point a year until they reach 5 percent in 2019, under the fiscal 2016 defense authorization bill. This year, personnel living off-base are paying 2 percent of their rental and utility costs out-of-pocket. But the belt-tightening move is hurting the finances of the owners of privatized family housing as their rents are tied to the BAH payments received by service members …

  • Lincoln Acquires Housing Project at JB Lewis-McChord

    Lincoln Acquires Housing Project at JB Lewis-McChord0

    Lincoln Military Housing on Thursday acquired the privatized housing project at Joint Base Lewis-McChord, Wash., adding more than 5,000 units to the company’s portfolio. Lincoln acquired the ownership position held by Equity Residential, a real estate investment trust, and now will manage the project, Philip Rizzo, national vice president of operations, told 360. Lincoln had been a partner in the project on the development side when it first was formed, but had not participated since then, Rizzo explained …