From the St. Thomas Source:
The Virgin Islands Housing Authority unveiled a portfolio plan for lawmakers that spans 10 years, requires an investment of $830 million, will generate or impact 3,300 jobs and create more than 2,700 affordable apartments between St. Thomas and St. Croix.
From the St. Thomas Source:
The V.I. government and V.I. Housing Authority received a $69 million obligation from the Federal Emergency Management Agency to fund the demolition and replacement of residential buildings at the Tutu Hi-Rise housing community, according to Government House.
The funding will facilitate the demolition and replacement of the first five of 17 residential buildings at Tutu Hi-Rise damaged by hurricanes Irma and Maria in 2017.
Last week, HUD announced that it had finalized a grant agreement with Puerto Rico that would release $8.2 billion in CDBG-DR funding that Congress appropriated in 2018. In 2019, HUD ignored a statutory deadline to issue a Federal Register notice outlining how Puerto Rico can use the disaster relief aid in its ongoing recovery efforts.
From Yahoo! Finance:
Vitus, a national developer and owner of affordable housing, announced today that it is welcoming residents back into the newly restored Market North Apartments in Wilmington, North Carolina. Residents were originally forced to vacate the property after the apartments were severely damaged by Hurricane Florence in September of 2018.
CLPHA’s Membership Spotlight features the outstanding work and achievements of our member public housing authorities - the nation’s largest and most innovative PHAs. Based on interviews with PHA executives, these brief profiles spotlight our members’ initiatives to strengthen their communities and improve life outcomes for their residents.
The House Financial Services Committee voted unanimously on July 16 to approve H.R. 3702, the “Reforming Disaster Recovery Act of 2019,” bipartisan legislation from Reps. Al Green (D-TX) and Ann Wagner (R-MO) that would formally authorize HUD’s Community Development Block Grant–Disaster Recovery (CDBG-DR) program.
From The Virgin Islands Consortium: