In March, the Army Corps of Engineers announced that it would spend $5.3 billion on new homes and buildings for the Corps.
The money will be used to help the Corps build housing for troops in the West Coast and Pacific areas, the Washington Post reported at the time.
The project will be funded by the Federal Housing Administration and the Department of Housing and Urban Development.
What the corps plans to do The Corps will spend $3.9 billion on a $4.3-billion effort to renovate the Army Post Office and the Army Ammunition Depot in San Francisco.
The new projects are intended to address “concerns about the safety of the building, including a shortage of qualified contractors and inadequate fire protection,” the Army Times reported.
The Corps plans to begin construction on new housing in 2018, the San Francisco Chronicle reported.
The housing for the West End Project will include 4,000 homes and an 18-hole golf course.
“The West End project will provide approximately 9,500 additional units of housing and provide approximately 6,500 more units of affordable housing,” the agency said in a press release.
In 2016, the corps also announced a $8.2-billion plan to build 2,200 homes and 8,000 units of low-income housing.
While the new housing is intended to alleviate housing shortages, it’s not a complete solution to the current shortage.
As a result, the project will likely cause housing prices to spike, the AP reported.
“The new project will create new affordable housing opportunities for low- and moderate-income families in the San Fernando Valley and in communities across the San Gabriel Valley,” the corps said.
“With this project, the Corps will also be creating opportunities for new families to access a range of affordable and accessible services and services.”
More on the Army: The Corps is set to spend $1.6 billion on construction of new homes in 2018.