Y -- Pacifice Northwest Public Private Venture Initiative

The Department of the Navy (DoN) and American Eagle Northwest, LLC have entered into the Department’s newest public-private venture (PPV) housing project that will provide high quality and affordable housing for military families in the Pacific Northwest. This project privatizes 3098 existing Navy homes located throughout the Puget Sound area.This PPV will undertake a comprehensive four-year initial development plan that will invest more than $248 million into housing throughout the region. Pacific Northwest Communities, LLC, will construct 605 new and/or replacement homes, demolish 585 homes, perform major renovation to 49 existing homes and complete minor renovations and site work for an additional 1590 homes. All homes will be safe, high quality, energy-efficient, three and four bedroom, single-family homes. Additional amenities such as community centers, recreational areas, tot lots and fitness trails will be provided for housing residents...To see the entire Press Release, please go to http://esol.navfac.navy.mil.