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 $53,588,884.00. Substantial Amendment #2 was approved by HUD on November 19, 2020.
Tranche 4 - CDBG Mitigation : CDBG-MIT Action Plan approved by HUD on July 12, 2021 for $774,188,000.
Tranche 5 - Electrical Grid : The Federal Register Notice for the fifth allocation of $67,653,000 has been issued. An Action Plan will be developed and sent to HUD for approval.
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.
Health Conscious Building (next to NAPA)
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Christiansted, VI 00850
V.I. Housing Finance Authority (VIHFA) Interim Executive Director Dayna Clendinen announces the official launch of the Neighborhood Revitalization Program and the issuance of a Notice of Funding Availability (NOFA) for eligible community-based projects. Within the NOFA: “Direct investments in our community stimulate tourism, job creation, greater shared knowledge about our past, and strengthens regional identity …
Continue reading "New Disaster Recovery Funding Available for Neighborhood Revitalization Projects"
V.I. Housing Finance Authority closed off 2022 with the submission of a finalized Electrical Power Systems Enhancement and Improvement Action Plan to the U.S. Department of Housing and Urban Development that ultimately determines how $67 million in CDBG-DR funding awarded to the territory for unmet energy infrastructure needs will be spent, announced VIHFA Interim Executive …
Continue reading "VIHFA Submits Electrical Grid Action Plan for Federal Approval"
ST. CROIX, USVI – Two upcoming public hearings offer V.I. residents the chance to learn more about the development of the V.I. Housing Finance Authority’s Electrical Grid action plan, along with opportunities for funding and input. The action plan delineates how $67 million in CDBG-DR funds awarded through the U.S. Department of Housing and Urban …
Continue reading "VIHFA Announces Launch of Electrical Grid Public Hearings"
Public Comment Period Ends September 22 ST. CROIX, USVI – The Virgin Islands Housing Finance Authority (VIHFA) announces the release of the third amendment to the Community Development Block Grant – Disaster Recovery Action Plan for public comment and feedback. Draft documents are now available for review, while a public comment period is slated for …
Continue reading "CDBG-DR Announces Action Plan Amendment #3 & Public Hearings"
