News

Happy Holidays from the VIHFA and CDBG-DR Team!

WAPA Begins Installation of CDBG-DR funded Generators

Four new generating units have arrived in the territory and are being positioned at the Randolph Harley Power Plant on St. Thomas. Once installed, these new units will provide more reliable electrical service to the St. Thomas – St. John district. The acquisition of the new 9-megawatt units marks the second round of generators purchased […]

Magens Junction Apartments, Phase II Ribbon Cutting Ceremony Held Wednesday, November 3rd

The Virgin Islands Housing Finance Authority (VIHFA), joined by USVI Governor Albert Bryan Jr. and officials from Jackson Development Company (JDC) cut the ribbon and celebrated the completion of Magens Junction Apartments, Phase II on St. Thomas on Wednesday, November 3, 2021. The VIHFA and JDC hosted government officials, contractor representatives, and community members to […]

Magens Junction Phase II – Press Kit & Photos

Overview Magens Junction Apartments, Phase 2, includes 60 new construction apartments contained in a nine-story building with ground floor amenity space. The building will  be served by two high efficiency KONE elevators. The unit mix includes 30 one- bedroom/one-bath apartments and 30 two-bedroom/two-bath apartments. The development is financed with Low Income Housing Tax Credit equity […]

VIHFA Issues $2.5M CDBG-DR Payment for Skills for Today Program

The Virgin Islands Housing Finance Authority (VIHFA) has released $2.5 million in payment to ICF, Incorporated LLC, the company contracted to administer the Virgin Islands Department of Labor’s (VIDOL) Skills for Today Program. The payment represents the first of a series of milestones the program will meet in its objective to offer entry-level training in […]

PHOTOS – HUD Deputy Secretary Visit to the Territory

Government House and VIHFA Welcome HUD Deputy Secretary and VI Native Adrianne Todman to the Territory