Cost limitations

29 V.I.C. § 191n — under Community Development and Renewal; Slum Clearance and Housing.

29 V.I.C. § 191n

(a) No dwelling shall be erected by the Government at a cost of more than $25,000 exclusive of the proportional cost of the land.

(b) The minimum selling price for a dwelling shall be a sum at least equal to the Government's acquisition cost plus the cost of any additions and improvements.