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 August 22-September 22, 2022.
The Amendment will incorporate a substantial change to the current Action Plan – an increase to the funding allocation for housing programs by nearly $159M – along with the introduction of two new direct funding opportunity programs: the Neighborhood and Commercial Revitalization Program and Small Business and Entrepreneurship Grant and Technical Assistance Program.
Draft documents are available on the website at https://cdbgdr.vihfa.gov/contracts/action-plan/ To request a hard copy of the documents, email firstname.lastname@example.org or call 340-772-4432, ext. 3258.
Public Hearings Public hearings to discuss proposed changes are scheduled for Tuesday, August 23 at 5:30 p.m. and Tuesday, August 30, at 3:00 p.m. via Zoom.
Tuesday, August 23, 2022 05:30 PM https://us02web.zoom.us/meeting/register/tZMocumqpj0sEt0LHiEXX2DwPYi6Z222p-Lw Meeting ID: 875 5028 6689 Passcode: 324709
Tuesday, August 30, 2022 03:00 PM https://us02web.zoom.us/meeting/register/tZEkcOyvrzgjE9O393XDoOQQdDWYhZOnkbo- Meeting ID: 859 7571 3997 Passcode: 968135
Per the Department of Housing and Urban Development (HUD) guidelines, any funding changes greater than 1% of the total Disaster Recovery allocation or change in the designated beneficiaries of a program constitutes a substantial amendment and must be made available for review by the public and approved by HUD.