Saxby Chambliss: “I note for the record that after 4 years of work on a housing privatization contract and the millions spent, exactly two…”

“I note for the record that after 4 years of work on a housing privatization contract and the millions spent, exactly two houses have been built. This article talks about a celebration at Moody Air Force base upon the completion of these two homes. The problem is, neither one of these two houses has ever been occupied, and the privatization issue at Moody has developed into a real mess. The Air Force entered into a real estate transaction with Carabetta Enterprises Inc. for privatized housing at Moody Air Force Base. The estimated cost of the project has exceeded available funding by $25 million, and the project lender stopped funding in March of 2007 to prevent all funds from being expended. At least three other Air Force bases--Patrick Air Force base in Florida, Little Rock Air Force base in Arkansas, and Hanscom Air Force base in Massachusetts--have similar contracting delays with privatized housing projects associated with this same contractor. Despite having declared bankruptcy in the 1990s and supposedly being embroiled in a series of previous lawsuits over Government contracts, the Carabetta organization was allowed to form a new joint entity, American Eagle Communities LLC, and has won Government contracts in five States for a total $3.3 billion.”