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IMMEDIATE RELEASE

Release No: 045-02
February 04, 2002

FISCAL 2003 MILITARY CONSTRUCTION AND FAMILY HOUSING BUDGET DETAILED

The fiscal 2003 Department of Defense Military Construction and Family Housing Program totals $9 billion and reflects the administration's emphasis on improving the quality of life for military personnel by providing better working and living conditions. The request includes more than 300 major construction projects at about 185 locations.

This fiscal 2003 request provides $3.6 billion for military construction, including environmental compliance; $0.6 billion for base closure activities; $0.2 billion for the NATO Security Investment Program and $0.4 billion for planning and design for future projects and unspecified minor construction.

The request also provides $2.9 billion for operating and maintaining almost 300,000 family housing units and $1.3 billion for constructing, improving and privatizing family housing units.

The funding request is designed to advance the department's goals of reducing the current recapitalization rate of its facilities to 67 years by fiscal 2007 and also eliminating our inadequate housing by 2007-three years sooner than previously planned.

A list of specific construction projects is located on the Web at http://www.defenselink.mil/news/Feb2002/d20020204mc.pdf.