Welcome to the Virgin Islands Housing Finance Authority (VIHFA) where for over 30 years our mission has been to provide safe, decent, sanitary and affordable housing to the residents of the Territory. VIHFA administers various programs including Emergency Housing and federally funded programs through grants, tax credits and other diverse measures. On the following pages, you will find information pertaining to these products and services. For more information, please give us a call.

3rd Annual Housing Expo

"Cultivating the Dream"

In an effort to celebrate National Home Ownership Month, the Virgin Islands Housing Finance Authority is gearing up to host the 2013 Housing Expo. Now in its 3rd year, the Expo promises to provide the enlightening experience that existing and potential home owners have come to expect. This year’s theme is “Cultivating the Dream”. The Expo will be held on Saturday, June 1, 2013 at the Sunshine Mall Lower Level on St. Croix and on Saturday, June 22, 2013 at the UVI Sports and Fitness Arena on St. Thomas. It will run from 10:00 a.m. to 3:00 p.m.

The Housing Expo will make information available to the general public on various aspects of acquiring and maintaining a home. Exhibitors will include contractors, construction product vendors, real estate agents, insurance companies, landscaping contractors, solar and green product vendors and utility providers. These exhibitors will be on site to provide information and answer questions about becoming a homeowner and maintaining an excellent home. Our goal is to prepare home owners and future home owners with the skills to acquire and maintain their home during tough economic times.

The Expo will provide informational sessions throughout the event on “The ABC’s of Credit Reporting by VIHFA”, “Are you ready to Purchase?” and “Is it time to Refinance?” CLICK HERE FOR A FULL SCHEDULE.

Do-It-Yourself demonstrations will also be conducted so attendees will learn how to perform basic home maintenance themselves. As an added feature, the Authority has partnered with Home Depot and the Virgin Islands Department of Agriculture (DOA) to help inspire attendees to not only begin planting the seeds for home ownership but also for the cultivation of food in preparation for a season of harvest. Children and adults alike will have the opportunity to gain knowledge on groundwork, planting, development, growth and yield by participating in box garden workshops with DOA and a “Kids Workshop” with Home Depot. Home Depot will also be giving demonstrations on how to install a dimmer switch, lay tiles effectively and paint for perfection. The VI Fire Services will provide information on fire prevention in your home.

Come out and join us for the “2013 Housing Expo” and begin “Cultivating the Dream.”

For more information, please call the Virgin Islands Housing Finance Authority office at (340) 772-4432 on St. Croix or (340) 777-4432 on St. Thomas.

SPONSORED BY

Buy a Lot, Build a Home

The Virgin Islands Housing Finance Authority (VIHFA) is pleased to announce the launch of its “Buy a Lot Build a Home” initiative at the Meadows at Estate Bonne Esperance.

After years of numerous delays and challenges, the subdivision launched with eighteen lots available for sale. The Bonne Esperance subdivision will comprise of sixty, ¼ acre home sites, priced at 75% of their appraised value. The newest subdivision on St. Croix boasts infrastructure details such as underground water and sewage lines and paved roads. Its proximity to transportation, shopping and schools makes it an ideal location for individuals interested in living in a quiet neighborhood setting, yet close to the conveniences and amenities of town.

Through the “Buy a lot Build a Home” program, applicants have the option of purchasing the land only with the intention of construction within 3 to 5 years or purchasing the lot and constructing immediately. Bank financing through Banco Popular, Bank of Nova Scotia, Bank of St. Croix or USDA-Rural Development is available for qualified applicants.

Proposed expandable home plans for the development are available for viewing and the VIHFA staff is available to assist all individuals interested. Three contractors, Alnico, LLC, Caribb Dynamics and Tomahawk Construction were chosen by the Authority to build the homes.

VIHFA representatives will meet with applicants to review the application process, site details and house plans with the option of which contractor best fits their needs.

All interested priority applicants with the Authority and other interested individuals may contact the St. Croix office at (340) 772-4432 for more information.

Click here to see Site Plan