Public & Affordable Housing Development
Tranche 1: $18M | Tranche 2: $63.5M
The Public and Aﬀordable Development Program has been allocated funds to address unmet needs throughout the USVI in relation to damages from Hurricane Irma and Maria. This program will incentivize the replacement of aﬀordable housing damaged in the storms. This program seeks to redevelop and create new affordable rental housing stock including subsidized and mixed-income rental units and other public housing units, that will be developed.
Homeowner Reconstruction & Rehabilitation
Tranche 1: $17M | Tranche 2: $133M | Max Award: $250k
Homeowner Reconstruction and Rehabilitation Program serves owner occupied homes that were substantially damaged by Hurricane Irma / Hurricane Maria. Homeowners who are eligible will be assisted to reconstruct or rehabilitate their home to make it habitable and compliant with flood plain, environmental, and other local requirements.
Rental Rehabilitation & Reconstruction
Tranche 1: $5M | Tranche 2: $20M | Max Award: $75k Per Unit
The Rental Rehabilitation and Reconstruction Program is designed to restore small rental properties that were damaged by Hurricanes Irma and/or Maria. Rental damage from the storms has a far-reaching impact on the local population, displacing individuals and families, constricting the rental income on which land-lords rely, and leaving individuals and families in sub-par housing stock.
New Housing Infrastructure and Construction
Tranche 1: $6.5M | Tranche 2: $63.5M