CURRENT HIGHLIGHTS
u Army, Developer Ink Pioneering Solar Project Agreement for Fort Irwin — The Department of the Army, Clark Energy Group of Arlington, Va., and Acciona Solar Power of Henderson, Nev., will launch the largest solar energy project in Department of Defense history Oct. 15 with the signing of a Memorandum of Agreement (MoA) for an Enhanced Use Lease (EUL) at Fort Irwin, Calif., home of the Army’s premier heavy maneuver Combat Training Center and NASA’s Goldstone Deep Space Complex. For the complete press release, please click here.
u The U. S. Army Enhanced Use Leasing Program and General Motors were announced as the winner of the 2009 Innovation Award by the National Council for Public Private Partnerships for the Yuma Proving Ground Enhanced Use Lease Project (Yuma, AZ), for the development of a 2,400+ acre area with a world class hot weather vehicle test complex, including multiple test tracks. For the complete press release, please click here.
u The U.S. Army and General Motors officially opened GM's new test facility in the Army's Yuma Proving Ground in July, 2009. Click here for the GM press release.
u The New Markets Tax Credit (NMTC) Program permits taxpayers to receive a credit against Federal income taxes for making qualified equity investments in designated Community Development Entities (CDEs). Substantially all of the qualified equity investment must in turn be used by the CDE to provide investments in low-income communities. Please click here for further information.
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WELCOME TO THE ARMY EUL PROGRAM WEB SITE
Started in 2001, the Army Enhanced Use Lease program has progressed from an ambitious concept to a successful reality. The Enhanced Use Leasing (EUL) Program, managed by the U.S. Army Corps of Engineers, Baltimore District, engages through a competitive process, private sector entities to acquire and leverage value from under-utilized non-excess real estate assets on Army and select Department of Defense Installations. Mirroring a private sector transaction, the EUL's value proposition is competitive on cost and speed of execution. The program to date has helped private development execute projects of tremendous range such as General Motors Hot Weather Test Track in Yuma, Arizona, projects of scope such as our award winning Central Utilities Plant in Frederick, Maryland or traditional use such as our office and residential projects throughout the United States. The EUL program can meet the needs of private developers with a value proposition on par or better than that of the private sector. Please explore our site to see what the EUL team can do for you. |
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This web site is provided as a public service by the U.S. Department of the Army. It provides public information on the Army's Enhanced Use Lease Projects. Any information on it may be copied or distributed. Information on the date, time and domain from which visitors access the site may be collected for statistical purposes only. The appearance of external hyperlinks (including links to commercial search sites) does not constitute endorsement by the United States Department of the Army of the linked web sites, or the information, products or services contained therein. The U.S. Department of the Army does not exercise any editorial control over the information you may find at these locations.
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