News

X CLEAR

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

Department of Labor Receives Notice to Proceed for CDBG-DR Workforce Development Programs

The Virgin Islands Housing Finance Authority (VIHFA) has issued a Notice to Proceed (NTP) to the Department of Labor (DOL) for the solicitation of project management services to execute work-based learning strategies for its Workforce Development programs. Funded by the Community Development Block Grant – Disaster Recovery Program (CDBG-DR), an allocation of $10 million from […]

November 4, 2020