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25 chapters · 529 sections in this title.
29 V.I.C. § 930 Declaration of legislative findings
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(i) The Legislature hereby finds and declares that:(i) there is a critical shortage of decent, safe, sanitary, aesthetically acceptable, high quality housing for persons of low and moderate income;(ii) there is considerable demand for owner-occupied single-family housing units an…
29 V.I.C. § 931 Policy and purpose
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(a) It is the express purpose of this Act that the Virgin Islands Housing Finance Authority, (hereinafter “VIHFA”), as an independent instrumentality of the Government, shall operate the Affordable Housing Program for low and moderate income persons under this Act. The VIHFA shal…
29 V.I.C. § 932 Definitions
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(a) As used in this Act, the following terms shall have the following meanings, unless the context otherwise requires:(a) “Act” means the Low and Moderate Income Affordable Housing Act of 1990.(b) “Affordable housing” means, with respect to living accommodations, a dwelling unit …
29 V.I.C. § 940 Authorization of program; appointment of Project Manager
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(a) The VIHFA is hereby authorized to initiate, administer and maintain a program to provide affordable housing for persons of low and moderate income to be referred to as the “Virgin Islands Affordable Housing Program”. The program may include the following elements:(1) contribu…
