Department of the Navy, Naval Facilities Engineering Command, Commander, Atlantic Division, Contracts Office, Code 0212, 1510 Gilbert Street, Norfolk, Virginia 23511-2699

X -- INTEREST RATE AND UNDERWRITING STANDARDS INFORMATION FOR LONG-TERM FINANCING, FAMILY HOUSING PRIVALITIZATION PROJECTS, SOUTHEAST VIRGINIA SOL (a reference number for the synopsis) AO-147 DUE 052699 POC Mr. R. A. Bonelli, II Real Estate Contracting Officer, (757) 322-4948 E-MAIL: hooverfm, hooverfm@efdlant.navfac.navy.mil. The Navy is preparing to implement one or more family housing privatization projects in the Hampton Roads area of Virginia. Using the authority of 10 USC Sections 2871-2885, the Navy intends to provide safe, good quality, energy efficient, well-managed and affordable housing for military families. Military families at all ranks below flag officer will rent the housing, and there are expected to be many occupants housed for a monthly rent payment of $500 to $600. The Navy will participate in a public-private venture business entity established to own, operate, manage and maintain Navy family housing over the long term. The Navy may invest cash and/or government-owned land for construction of new units. The private partner will secure long-term debt for renovation and/or new construction, and may contribute equity. The Navy also has the authority to contribute existing occupied family housing units to the venture. Accordingly, and in preparation for issuing solicitation documents, the Navy is seeking information from sources of long-term financing, and/or other institutions, entities or agencies regarding their interest in participating in this important initiative. PROCEDURES: Interested long-term financing sources are requested to submit a Statement of Interest by 26 May 1999 to Commander, Atlantic Division, Naval Facilities Engineering Command, 1510 Gilbert Street, Norfolk, VA 23511-2699, Attn: Code 243 FH or by facsimile transmission to (757) 322-4913. Material concerning point of contact, experience, capacity, likely standards, and services provided should be included. Statements of Interest may subsequently be included in Navy solicitation documents announcing public-private venture opportunities to the development community. Posted 05/10/99 (W-SN329731). (0130)

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