Corvias to Begin $15.8M Renovation of Military Housing Development at Fort Polk, Louisiana

FORT POLK, LA. — Corvias will begin a $15.8 million renovation of military housing at Fort Polk, a U.S. Army installation in Louisiana’s Vernon Parish. The renovations will include upgrading the facades, gutters, paint and roofs of 1,146 homes and three miles of roadways on the base. Corvias expects to begin construction this month with completion slated for 2021. The renovation project uses remaining basic allowance of housing (BAH) funds accumulated over previous years that are now being reinvested back into Fort Polk housing. Corvias and the U.S. Army have a 50-year partnership through the Military Housing Privatization Initiative (MHPI), which leverages private-sector capital to expand and modernize housing. Corvias has 13 installations throughout the country. In addition, Corvias will soon complete the final phase of a $34 million geothermal project including the installation of more than 2,400 geothermal heat pumps and upgrades across the installation, which are estimated to save the Army more than $1 million annually in energy saving.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter

Webinars on Demand

Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties