This bill strengthens oversight and protections for military families living in privatized military housing managed by private contractors. The legislation requires the Defense Department to establish formal written contract requirements, conduct regular unannounced inspections by independent inspectors, and rescind contracts if landlords fail to fix material breaches within 90 days. It also mandates that housing offices at military installations employ only military department employees rather than contractor staff, and ensures that federal, state, and local housing protections apply equally to military housing units. The bill increases financial transparency by requiring contractors to publish detailed financial statements annually and on a Defense Department website within 15 days of submission. Additionally, the legislation creates a health registry to track service members and families who develop medical conditions from unsafe housing, establishes presumptions that certain illnesses are service-connected for veterans who lived in substandard privatized housing, and extends VA healthcare benefits to family members affected by unsafe housing conditions. The bill also imposes ethics restrictions preventing senior Defense Department officials, military officers at the O-7 level and above, and Armed Services Committee members from owning interests in privatized military housing entities.