HUD has awarded a total of $1.9 billion to be allocated to the Territory in now 5 tranches. Tranche 1, Tranche 2 and the Supplemental Infrastructure Appropriation, Tranche 3, must be spent within the six years of the signed grant agreement, which occurred September 27, 2018.
Tranche 1 : Was approved by HUD on July 10, 2018 for $242,684,000.
Tranche 2 : Was approved by HUD on March 1, 2019 for $779,217,000.
Tranche 3 - Supplemental Infrastructure Appropriation : A reassessment of Infrastructure unmet needs, funding is anticipated to be available in late 2020 for $53,888,884.00. Substantial Amendment #2 was approved by HUD on November 19, 2020.
Tranche 4 - CDBG Mitigation : A third allocation for mitigation – the CDBG-DR Program submitted the CDBG- Mitigation Action Plan to HUD on January 4, 2021. An extension to April 19, 2021 was granted for the agency to resubmit the Action Plan.
Tranche 5 - Electrical Grid : A fourth allocation for the electrical grid improvements – specific funding is anticipated in late 2021 for $67,000,000.00.
Hurricanes Irma and Maria had a devastating impact on the United States Virgin Islands. The two back-to-back Category 5 storms in September 2017 caused significant destruction to housing, infrastructure, and the economy. HUD’s Community Development Block Grant Disaster Recovery (CDBG-DR) provides funding for unmet needs after Federal Emergency Management Agency (FEMA) funds, insurance, and other federal or private sources are accounted for, with a focus on the needs of low- and moderate-income residents and businesses.
This money is managed by the U.S. Virgin Islands Housing Finance Authority (VIHFA) and spending is prioritized in programs designed through the U.S Virgin Islands Community Development Block Grant Disaster Recovery Action Plan. This plan proposes a portfolio of programs to address unmet housing, public service, infrastructure, and economic needs.
CDBG-DR funds are intended by HUD to address:
The EnVIsion Tomorrow CDBG-DR Housing Recovery Program is designed to assist homeowners affected by the 2017 Hurricanes Irma and María.
The Virgin Islands Housing Finance Authority is excited to announce the Homeowner Reconstruction and Rehabilitation program and the Rental Reconstruction and Rehabilitation program. This website provides details on how to apply for assistance, applicant requirements, program details and other helpful resources.
FINDING OF NO SIGNIFICANT IMPACTThe Virgin Islands Housing Finance Authority has determined that the project will have no significant impact on the human environment. Therefore, an Environmental Impact Statement under the National Environmental Policy Act of 1969 (NEPA) is not required. Additional project information is contained in the Environmental Review Record (ERR). The ERR will […]
ST. CROIX, U.S. Virgin Islands – In a recent letter to the Virgin Islands Housing Finance Authority (VIHFA), the Federal Emergency Management Agency (FEMA) determined that nearly $418.5 million in invoices received under PW273 for the Sheltering & Temporary Essential Power (STEP) program, known locally as the Emergency Home Repairs Virgin Islands (EHRVI) program were […]
VIHFA INVITES CONSTRUCTION CONTRACTORS TO PARTICIPATE IN DAVIS-BACON & RELATED ACTS WEBINAR WITH US DEPARTMENT OF LABOR U.S. VIRGIN ISLANDS – The Virgin Islands Housing Finance Authority (VIHFA) invites general contractors to participate in its Davis Bacon and Related Acts webinar on Thursday, February 25, 2021 at 10 a.m. – noon. The webinar is hosted […]
U.S. VIRGIN ISLANDS – The Virgin Islands Housing Finance Authority (VIHFA) congratulates its sister agency the Virgin Islands Housing Authority on the ground-breaking of its historic redevelopment of the Estate Donoe Housing Community in St. Thomas. As the state housing credit agency for the Territory, the VIHFA is pleased to have allocated Low Income Housing […]
U.S. VIRGIN ISLANDS – The United States Department of Housing and Urban Development (HUD) has accepted and approved the Virgin Islands Housing Finance Authority’s Community Development Block Grant – Disaster Recovery (CDBG-DR) Action Plan Substantial Amendment #2. The significant change in the Amendment #2 is the introduction of $53 million in Tranche 2A for unmet […]
St. Croix, USVI – The Virgin Islands Housing Finance Authority (VIHFA) is pleased to announce that its Community Development Block Grant – Mitigation Action Plan draft is published and available for review and feedback. The Plan is posted on the CDBG-DR website at https://cdbgdr.vihfa.gov/ Public hearings to discuss proposed programs and activities funded by CDBG-MIT […]