10 U.S.C. § 2891c
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)
- (1)Not less frequently than annually, the Secretary of Defense shall require that each landlord submit to the Secretary a report providing information regarding all housing units provided by the landlord.
- (2)Information provided under paragraph (1) by a landlord shall include the following:
- (A)A comprehensive summary of the landlord’s financial performance.
- (B)The amount of base management fees relating to all housing units provided by the landlord.
- (C)The amount of asset management fees relating to such housing units.
- (D)The amount of preferred return fees relating to such housing units.
- (E)The residual cashflow distributions relating to such housing units.
- (F)The amount of deferred fees or other fees relating to such housing units.
- (G)Information with respect to each insurance policy maintained by the landlord for such housing units, including the—
- (H)The total amount of any payments made by the landlord to tenants of such housing units pursuant to a dispute resolution process.
- (3)In this subsection:
- (A)The term “base management fees” means the monthly management fees collected for services associated with accepting and processing rent payments, ensuring tenant rent payments, property inspections, maintenance management, and emergency maintenance calls.
- (B)the term “asset management fees” means fees paid to manage a housing unit for the purpose of ensuring the housing unit is maintained in good condition and making repairs over the lifecycle of the housing unit.
- (C)the term “preferred return fees” means fees associated with any claims on profits furnished to preferred investors with an interest in the housing unit.
- (D)the term “residual cashflow distribution” means the steps a specific housing project takes to restructure after it is determined that the project is in an unacceptable financial condition.
- (E)the term “deferred fee” means any fee that was not paid to a person in a calendar year in order to meet other financial obligations of the landlord.
- (b)
- (1)Not less frequently than annually, the Secretary of Defense shall make available, upon request of a tenant, at the applicable installation housing office the following:
- (A)An assessment of the indicators underlying the performance metrics for each contract for the provision or management of housing units to ensure such indicators adequately measure the condition and quality of each housing unit covered by the contract.
- (B)Information regarding the use by the Secretary concerned of incentive fees to support contracts for the provision or management of housing units.
- (2)
- (A)For purposes of paragraph (1)(A), the indicators underlying the performance metrics for a contract for the provision or management of housing units shall measure at a minimum the following:
- (B)An assessment required to be made available under paragraph (1)(A) shall include a detailed description of each indicator underlying the performance metrics, including the following information:
- (3)The information provided under paragraph (1)(B) shall include, with respect to each contract for the provision or management of housing units, the following:
- (1)Not less frequently than annually, the Secretary of Defense shall make available, upon request of a tenant, at the applicable installation housing office the following: