Title 14 › SUBTITLE I — ESTABLISHMENT, POWERS, DUTIES, AND ADMINISTRATION › CHAPTER 9 — ADMINISTRATION › SUBCHAPTER I — REAL AND PERSONAL PROPERTY › § 905
The Secretary may buy, lease (for no more than 5 years), or otherwise obtain property to use as Coast Guard family housing. This can include condominium units and related condo fees. The Secretary may also sell, lease, or otherwise dispose of that property for adequate payment. These actions must have enough appropriated funds to cover the full cost. A multiyear contract is a lease for at least one but not more than 5 fiscal years. The Secretary may use one only if the Coast Guard finds it will improve efficiency and reduce total costs and there are realistic estimates of the contract cost and the expected savings. These contracts must include cancellation and termination terms to protect the United States, may cover regular and one-time costs, and may allow a cancellation payment paid from funds already obligated.
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Coast Guard, Source: USLM XML via OLRC
Legislative History
Reference
Citation
14 U.S.C. § 905
Title 14, Coast Guard
Last Updated
Aug 21, 2026
Release point: 119-102