Department of Veterans Affairs October 3, 2007 – Federal Register Recent Federal Regulation Documents
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Enhanced-Use Lease of VA Property for the Development and Operation of an Assisted Living Facility in Viera, FL
The Secretary of the Department of Veterans Affairs (VA) intends to enter into an enhanced-use lease of approximately 15 acres of undeveloped VA land adjacent to the existing Viera VA Outpatient Clinic in Viera, Florida. The selected lessee will finance, design, develop, construct, operate, and maintain an assisted living facility consisting of not less than 50 units on the property. The lessee will be required to provide VA with agreed-upon lease payments and in-kind consideration consisting of priority placement and a discount rental rate eligible veterans will pay to reside in the assisted living facility.
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