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 Appropriation, Tranche 2A, 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 on March 1, 2019 for $779,217,000.
Tranche 2A - Supplemental Appropriation : Was approved on February 8, 2021 for $53,588,884.
Tranche 3 - CDBG Mitigation : A third allocation for mitigation – the CDBG-DR Program is meeting with stakeholders to order to assess needs in order to develop an CDBG-Mitigation Action Plan in late 2020 for $774,180,000.
Tranche 4 - Electrical Grid : A fourth allocation for the electrical grid improvements – specific funding is anticipated in early 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.
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 […]
The U.S. Department of Housing and Urban Development (HUD) has granted the Virgin Islands Housing Finance Authority (VIHFA) a waiver requested to raise the low-and moderate-income limits for the territory. Published in the Federal Register Notice dated September 25, titled, “Waivers and Alternative Requirements for Community Development Block Grant Disaster Recovery (CDBG-DR) Grantees,”the waiver allows […]
The Virgin Islands Housing Finance Authority (VIHFA) officials broke ground Thursday on a 57-lot turnkey development in Estate Fortuna that will offer affordable homeownership opportunities to V.I. residents. The subdivision called “Wild Pineapple,” will be constructed in several phases. First, Phase I Infrastructure which includes building concrete roads, drainage, retaining walls, and underground utilities and […]
On or about December 19, 2019, the VIHFA CDBG-DR Program will submit a request to the US Department of Housing and Urban Development (HUD) for the release of Community Development Block Grant – Disaster Recovery funds under Title 1 of the Housing and Community Development Act of 1974, (PL93-383), to undertake a project know as […]
ST. THOMAS, USVI—The Virgin Islands Housing Finance Authority (HFA) hosted three town hall meetings on November 5-7 to update applicants in the EnVIsion Tomorrow Homeowner and Rental Rehabilitation and Reconstruction Program funded by the Community Development Block Grant – Disaster Recovery (CDBG-DR). Over five hundred residents and applicants attended meetings on St. Croix, St. John […]
The Government of the Virgin Islands has received federal Community Development Block Grant-Disaster Recovery (CD BG-DR) funds from the U.S. Department of Housing and Urban Development (HUD) under Title lof the Housing and Community Development Act of 197 4, (PL93-383), which it proposes to allocate to various projects throughout the Territory.