VIHFA New Home Ownership Opportunities
Whispering Hills
 H&V Heavy Equipment has been selected to construct 60 single family 3 bedroom 3 bath units and forty 3 bedroom 2 bath townhouses on 20 acres at Estate Donoe, St. Thomas. The homes will range in price from $245,000 - $257,000. The inclusion of solar water heaters, made possible by a grant from the VI Energy Office, will allow residents to enjoy reduce energy costs at no extra cost to them.
 The Whispering Hills development commenced ground breaking with the rough cutting of the newly proposed access roadway. Approximately 1000 plus linear feet of roadway has been graded by H&V Heavy Equipment. This new 25 foot wide roadway is physically visible from the adjacent highway, making all aware that a development is now on the way. The terrain is moderate and very buildable with panoramic views at all sites. There is approximately 70% more roadway to be cut within the month of February. All respective retaining walls, swales, driveways, sanitary systems and street lighting will be in place prior to building ten moderate affordable homes, as this will conclude our first phase of the development. This project is shaping up to be one of our finer developments
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Calabash Boom Townhomes
 The Virgin Islands Housing Finance Authority is proud to introduce the Calabash Boom Townhome Development, the first affordable home ownership subdivision on the Island of St. John. Calabash Boom is situated in tranquil Coral Bay and boasts 24 lovely two-story townhomes. Each home is built with quality construction, individual cisterns and offers off-road parking. Homes feature three beautiful bedrooms and one and a half bathrooms.
While the bedrooms are located on the upper level, the main level highlights a spacious kitchen and an expansive living and dining room combination for easy entertaining. Each home is built with concrete walls, individual cisterns and comes equipped with solar water heaters for energy efficiency.
 Financial assistance up to $170,000, in the form of a subsidy is available to residents of the Territory to use towards the purchase price. With this subsidy, homes regularly priced at $295,000 can now be purchased for as low as $125,000. For a limited time only, eligible purchasers will also receive a complimentary appliance package at closing. This package includes a washer, dryer, refrigerator and stove. Call today to make your home ownership dream a reality!
Click Here to view and download the HPRP HMIS Amendment
Click Here to view and download the VI Consolidated Plan
Click Here to view and download the CAPER Report Narrative
Click Here to view and download the Draft Annual Action Plan
Click Here to view and download CDBG Environmental Notice
Click Here to view and download notice regarding availability of ESG applications |
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In the News
The Homeownership Division is presently reaching out to the veterans of the Virgin Islands.
 The Homeownership Division is presently reaching out to the veterans of the Virgin Islands. Veterans are being asked to contact the office to obtain more information about available products and services and also to schedule an appointment to get pre-qualified. Both districts has set aside specific days to exclusively meet with veterans.
Please fill out the survey to assist the Agency with learning your preference. You may fax the survey at (340) 772-4002, mail or drop off the survey to Frits Lawaetz Complex Suite 210, Frederiksted, VI 00840. For additional information, please contact the Homeownership Division on St. Croix at (340) 772-4432.
AVAILABILITY OF 2012 COMMUNITY DEVELOPMENT BLOCK GRANT APPLICATIONS.
The Virgin Islands Housing Finance Authority (VIHFA) announces the availability of Community Development Block Grant (CDBG) applications for the 2012 grant year.
Applications will be available for pick-up between the hours of 8:00 AM to 5:00 PM at VIHFA’s offices located at 3202 Demarara No. 3 (Frenchtown Plaza), St. Thomas, and Frits Lawaetz Complex, Suite 212 Frederiksted, St. Croix starting on Monday, December 5, 2011. Applications will be due on February 10, 2012 at 4:00 PM. No extensions of the due date will be granted.
Orientation sessions for applicants will be held in both districts on Wednesday, December 14, 2011 and again on Thursday, January 19, 2012. The sessions, which will be held at the Curriculum Center on each respective island, will begin at 5:45 PM. Potential applicants are encouraged to attend either one of the scheduled orientation sessions.
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