Marketwise

2007

 
 
Date Title
December 30, 2007
Fall 2007

Cover Story: The Department of Defense’s Base Realignment and Closure (BRAC) process responds to the changing needs of the U.S. Military. This often means that some military communities will expand or decrease. During the 2005 BRAC announcements, many military communities in the Fifth Federal Reserve District were slated for growth. These localities will have to consider community development issues such as affordable housing, infrastructure and education. This article gives an overview of the BRAC process, dentifies resources for growth communities and points out the importance of stakeholder involvement.

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