5 chapters · 60 sections in this title.
21 V.I.C. § 1 Definitions
1.1K chars
As used in this chapter, unless otherwise provided or the context requires a different construction, application or meaning—“Authority” means the Virgin Islands Housing Finance Authority;“homestead” means a plot or plots of land improved by the building of a house or houses there…
21 V.I.C. § 10 Interest on loans; other terms; security; advancement of monies; payments
2.0K chars
(a) Except as otherwise provided, all loans referred to in section 9 of this title shall be made with interest at the rate not to exceed the 10-year Treasury Note Rate, and shall be payable in a period not exceeding 30 years. Loans for home purchases granted under this program sh…
21 V.I.C. § 11 Loans in conformity with regulations of Federal Housing Commissioner
0.5K chars
Notwithstanding other provisions of this chapter, the Executive Director of the Virgin Islands Housing Finance Authority shall make loans for housing in accordance with the regulations of the Federal Housing Commissioner under all sections of the National Housing Act, as amended.…
21 V.I.C. § 12 Collection of payments; execution of deeds; option of Government to repurchase
0.8K chars
(a) The Authority shall collect the installments and rental fees from the holders of land or homes and in like manner and under the same conditions and by the use of the same powers which are made use of in or for the collection of property taxes. (b) In the case of any contract …