From: Dirk French - PIB [mailto:dirk.french@gsa.gov] 
Sent: Tuesday, October 31, 2017 9:56 AM
To: Silagi, William <Silagi.William@epa.gov>
Subject: Fwd: EPA QUESTION: # federal residential properties sold each year by GSA?

Mr. Silagi:  Thank you for your patience as we have collected the data.  I have a long answer to a short question.

1.  GSA has recently (during the last 5 years) has sold a boatload of residential property beyond what we normally sell.  In 2012, GSA agreed to re-sell residential properties being acquired by the U.S. Army Corps of Engineers as part of DoD's Homeowners Assistance Program (HAP).  The HAP program is designed to help eligible members to sell their homes in depressed markets (such as those created by base realignment and closure (BRAC)) or for other reasons such as forced relocation due to receiving a new assignment.

Prior to 2012, GSA was selling an average of 12 residential properties per year.  For the years 2012-2017, GSA averaged 70 residential properties per year.  The huge HAP inventory has finally been liquidated, and we are now moving back to about the 2012 level of 12 units per year.  The HAP program has leveled off, and we do not foresee a resurgence of activity like we had for the last 5 years.

2.  During the same period, GSA began selling single- and multi-family residential properties for the U.S. Coast Guard.  We have averaged 4 units of single-family and 4 units of multi-family residential, for a total average of 8 units per year.  We expect that average to continue into the out-years.

​I hope this information is helpful.  Please feel free to contact me if you need further help.




