Department of Veterans Affairs March 16, 2007 – Federal Register Recent Federal Regulation Documents

The Secretary of the Department of Veterans Affairs (VA) intends to enter into two enhanced-use leases with a joint venture consisting of two not-for-profit organizations. Each enhanced-use lease will include a building with an underlying parcel of land. Both parcels are located on approximately 5 acres of the VA Sepulveda Ambulatory Care Center campus in Sepulveda, California. The lessee would develop, finance, renovate, construct, manage, maintain and operate the buildings to provide permanent supportive housing and ancillary services for the homeless, with priority placement for homeless veterans within the community. In addition to such property enhancements and veteran services, VA would receive consideration for the lease, in the form of in-kind services such as training, use of space, and professional counseling services to veteran tenants, and cash in the form of a percentage of revenues from certain filmmaking activities on the property.