Public Private Venture (PPV) Housing Questions
Public Private Venture (PPV) housing – also known as privatized military housing – is owned by a private partner and governed by a business agreement in which the Department of Defense (DoD) has limited rights and responsibilities. The private entity is responsible for managing the construction, renovation, and day-to-day maintenance and services for the community. PPV housing may be located on or off government property and may be former military housing.
The DoD has mandated all military housing to eventually be privatized. The reason for the mandate is to allow private partners to more efficiently build, renovate, and manage housing at a lesser expense than the government. The success of these partnerships is tied to the number of service members who choose to live in installation housing. Therefore, the private partner has incentives to keep the homes and surrounding grounds well-maintained and the residents pleased.