Scoring and Budgetary Support for the Military Housing Privatization Initiative (MHPI) Program Management Support
U.S. Department of Defense (DoD)
Federal Budget Support, Budgetary Scoring and Legislative Analysis, Calculating and Analyzing Credit Subsidy Estimates and Reestimates
Summary
Authorized by Congress as a tool to help the military address the inadequate condition of military-owned housing in the U.S., the MHPI Program is often touted as the federal government’s most successful public/private partnership (P3) program. Under the MHPI authorities, the Department of Defense (DoD) works with the private sector to revitalize military family housing, including temporary lodging, through a variety of financial tools. As a specialized subcontractor to Jones Lang LaSalle (JLL), we have been engaged to provide expertise to DoD regarding in their consultations with OMB on budgetary scoring and other issues. Recent support has included review of impacts of proposed changes to project structure and financing to ensure consistency with relevant statutes and governmentwide guidance, including the Federal Credit Reform Act and OMB Circular A-11.
Approach
Budgetary Scoring
Support the development of and updates toe financial and budgetary internal controls. Develop OMB scoring and credit model updates reflective of current and projected market conditions.
Compliance with OMB Circular A-11
Calculate and analyze credit subsidy estimates, reestimates, and related data consistent with OMB Circular A-11 requirements, for execution and incorporation into DoD budget submissions.
Preparation for OMB Interaction
Work with JLL to review proposed changes to existing MHPI agreements, taking budget considerations and OMB guidance into account, and supporting DoD in preparations for discussions with OMB on those potential changes including budgetary scoring of proposed actions.. Develop alternative options consistent with statutes and guidance.
Strategic Support
Apply lessons learned from previous MHPI experience and provide recommendations regarding MHPI Authorities and provide analysis, recommendations and development of MHPI financial business process improvements.
Recently, DoD obtained OMB approval of proposed changes to MHPI direct loans and completed federal budget (MAX) materials for the FY 2022 budget and FY 2021 audit that were supported by JLL and Craddock Group analyses.
Results
Results
Recently, DoD obtained OMB approval of proposed changes to MHPI direct loans and completed federal budget (MAX) materials for the FY 2022 budget and FY 2021 audit that were supported by JLL and Craddock Group analyses.
