PPV, a Public-Private Venture, is a partnership between the Marine Corps and a private company. The private company (typically a limited liability company) builds, renovates, maintains, and manages family housing communities. Under PPV, the Marine signs a lease and makes monthly payments through an allotment equal to BAH. BAH covers rent and normal utility usage. PPV is designed to be a zero out-of-pocket expense for the service member.

Why PPV?

The Marine Corps has difficulty providing service members with high-quality housing because of constrained budgets, aging housing units, and maintenance backlog. Through the public-private partnership, the Marine Corps will be able to renovate and construct homes faster. Private companies can get construction loans based on the expected rental income from the Marines’ BAH. This reduces the up-front cost to the Corps of fixing housing. The private companies are also required to set aside funds for short- and long-term renovation of homes, which will ultimately ensure homes remain in good condition over the life of the projects.

Key PPV Features
• Zero out-of-pocket
• Military Construction quality or better
• Elimination of renovation/replacement backlog
• Guaranteed O&M resources for the long term
• Future renovations/replacements fully funded by the project
• USMC reserve accounts established to fund future unknowns (utility spikes, etc.)
• USMC participation in all key management decisions

Typical Community Services
• Large multi-function community centers
• Community recreation and education programs (coordinated with MCCS)
• Routine service calls response in 1-3 days
• Change of occupancy maintenance in 3-5 days
• Property managers maintain the yards
• High speed internet provided
• Pools, basketballs courts, playgrounds, trails, etc.