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5 chapters · 60 sections in this title.
21 V.I.C. § 121 Definitions
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(a) As used in this chapter, unless the context clearly indicates otherwise:(a) “Authority” means the Housing Finance Authority established under chapter 2 of this title;(b) “Executive Director” means the Executive Director of the Virgin Islands Housing Finance Authority; (c) “To…
21 V.I.C. § 122 Designation of Code Enforcement and Rehabilitation Area; eligibility
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(a) The Authority may designate any area of a town as a Code Enforcement and Rehabilitation Area, if it finds that:(a) the area is substandard or unsanitary;(b) a substantial proportion of the housing accommodations in the area is in a deteriorating or deteriorated condition, and…
21 V.I.C. § 123 Duration
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The Authority shall continue until terminated by law, except that it shall remain in existence so long as loans guaranteed by it pursuant to this chapter are outstanding. Upon the dissolution of the Authority, its rights, liabilities and assets shall pass to the Territory.
21 V.I.C. § 124 General powers and duties
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(a) The Authority shall have all the rights and powers necessary or desirable for carrying out the purposes of this chapter. In addition to any specific powers enumerated herein, the Authority may:(a) sue and be sued;(b) have a seal and alter it at will;(c) make contracts and oth…
