Funding Our Future
CDBG-DR is a federally funded program, through the Department of Housing & Urban Development (HUD) that is comprised, locally, of four main active divisions: Housing, Infrastructure, Economic Revitalization, and Public Services & Facilities.
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What is CDBG-DR?
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.
What is CDBG-DR?
CDBG-DR funds are intended by HUD to address:
Neighborhood Revitalization Program
For licensed business before Sept. 30, 2017, this program is working with qualifying applicants to access grant funding to revive their businesses following damages sustained in the 2017 hurricanes. The program is divided into two programs: Building Facade & Streetscape Enhancement and Small Business Grant and Technical Assistance.
Early Notice And Public Review Of A Proposed Activity In A 100-year Floodplain
VIHFA Receives HUD Approval on Mitigation Substantial Amendment Paves the Way for Vitol Acquisition
Missed the Mitigation Town Halls?
Mitigation Public Hearing
Check here frequently for upcoming events!
4:30 PM – 7:30 PM
STT Meet and Greet with CDBG-DR
Grab a bite and learn how CDBG-DR can help grow your construction business. Meet the team and hear about other contractors’ experience bidding with CDBG. Opportunities await!