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VIHFA Invites Contractors to Participate in Davis-Bacon Webinar

VIHFA INVITES CONSTRUCTION CONTRACTORS TO PARTICIPATE IN DAVIS-BACON & RELATED ACTS WEBINAR WITH US DEPARTMENT OF LABOR U.S. VIRGIN ISLANDS – The Virgin Islands Housing Finance Authority (VIHFA) invites general contractors to participate in its Davis Bacon and Related Acts webinar on Thursday, February 25, 2021 at 10 a.m. – noon. The webinar is hosted […]

March 11, 2021

VIHFA Congratulates VIHA on Ground-breaking of Historic Donoe Redevelopment, partially funded by CDBG-DR and LIHTC

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 […]

January 15, 2021

CDBG-DR Action Plan Amendment #2 Accepted & Approved by HUD

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 […]

December 9, 2020

CDBG – Mitigation Action Plan Draft out for Review and Comment

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 […]

November 9, 2020

HUD Income Waiver for Territory Allows More Applicants to be Eligible for the EnVIsion Program

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 […]

November 4, 2020

Turnkey Development in Estate Fortuna Offers Affordable Homeownership Opportunities for VI Residents

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 […]

November 4, 2020