A healthy and vibrant downtown are significant contributors to the economic health and quality of life in a community. Specifically, it creates jobs, fosters small business development, protects property values, and increases the community’s options for goods and services. A healthy downtown is a symbol of community pride and history.
Re-introducingresidential livingback into ourdowntown areascontributes to avibrant down towncommunity .Our town areasshould be knownas areas wherepeople live, workand play.
The VIHFA has a Urban Renewal mandate, which is contemporarily referred to as community revitalization. Although community revitalization is a mandate, there is very limited funding available to carry it out.
The U. S. Department of Housing & Urban Development (HUD) through the Community Development Block Grant provides annual grants to the Virgin Islands. The Community Development Block Grant (CDBG) is administered by the Virgin Islands Housing Finance Authority. CDBG makes available federal funds to non-profit and government agencies to address the housing, community and economic development needs and priorities of this Territory.
20% is used for administrative purposes 15% is used for public service projects The remaining funds are used for construction projects
To be funded, activities funded must meet one of the three national objectives:• benefit to low- and moderate-income persons,• aid in the prevention or elimination of slums and blight, or• meet other community development needs having a particular urgency because existing conditions pose a serious and immediate threat to the health or welfare of the community.
• Construction of public facilities and improvements, such as water systems, streets, and community centers;• Rehabilitation of houses and landmark structures; assistance to private, for profit entities to carry out economic development activities (including assistance to micro enterprises); and the provision of public services such as counseling, after- school, job training programs.
• The CDBG Program solicits proposals annually to be considered for funding within the funding program years.• The Territory’s CDBG program receives approximately $1.8 million annually from HUD.• Applications are accepted from early January through mid-February of each year.• An Application must be completed.• The application describes what your project is all about and how much funds are needed .
Non-Profit Status Tax ID Number DUNS # Certificate of Good Standing
• Public Hearing held in each district• Staff reviews application to make sure that the project meets one of the 3 National Objectives and funding recommendations are made to the Governor in the form of a Bill.• An Act is created based upon the information in the proposed Bill recommended by the Governor. By August 15th of each year, the• CDBG must submit the information on the projects to be funded to HUD in the Consolidated Plan.
•Public Service projects are expected to expend alltheir funds within 12 months.•Construction projects are expected to expend alltheir funds with 18-24 months.
Downtown revitalizationshould include not onlynew housing andcommercial businesses,but also after-schoolprograms, anti-crimeinitiatives, youthdevelopment andemployment services,arts, recreationalopportunities, and publictransit.
AFFORDABLE HOUSING PROJECT TYPESProjects initiated by Developers who seek endorsement of theirconstruction projects for the Affordable Housing Program as ameans to receive Affordable Housing Tax benefits.Projects using construction end loan financing from the VIHFA,and marketing assistance.Projects using VIHFAs technical assistance in particular areas,such as pre-qualifying and servicing loans for housing applicantsand providing access to the applicant master list.Developers responding to VIHFAs solicitation for developmentproposals.
DEVELOPER’S QUALIFICATIONSIn order to participate in any program of the Authority which hasas its objectives the construction of an affordable housingdevelopment, a Developer must:Be duly organized, validly existing, qualified and licensed to dobusiness under the laws of the Virgin Islands and shall be in goodstanding in the Virgin Islands and shall have the power andauthority, corporate or otherwise, to own properties and carry onbusiness as is now being conducted.Demonstrate specific, measurable housing constructionexperience, expertise, and adequate staff capacity to undertakethe proposed development.
DEVELOPER’S QUALIFICATIONSBe capable of proceeding promptly to construct and complete thehousing development or project.Demonstrate to the satisfaction of the Authority, the availability ofsufficient financial resources to obtain adequate constructionfinancing to complete the construction of the proposeddevelopment or project.
DEVELOPERS SUBMITTAL OF PROJECT DOCUMENTSSite plan; showing buildings, walkways, onsite parking, utilityconnections, and drainage flow - away from foundations, to streetor proper drainage way.Typical dwelling unit plans, properly detailed and prepared forsubmittal to DPNR for permits. Including, a representative crosssection of site, showing location of building and site terrain -elevations, depicted at a maximum of 5ft elevations, 2 ft ispreferred.Projected construction schedule, displaying milestone stages ofconstruction as well as details of trade work durations.
DESIGN AND CONSTRUCTION STANDARDSThe project must conform to all applicable codes of the VirginIslands and the Federal Government .These will include, but notbe limited, to general construction, environmental concerns,historic preservation, land use and zoning.Each single family home must a certain minimum square footageof space and amenities for proper functioning of a home while theoverall design is to be reviewed to minimize detrimental social orphysical impact on the surrounding community. The quality ofmaterials provided will be reviewed to insure that no excessivemaintenance costs will be borne by the home - buyer and lifecycle cost is lowered.
REQUIREMENTS FOR CLOSING COMPLETE UNITSCertified As-Built DrawingsAs-built plot surveysWater test for cisternsWater Supply and Disposal inspection ReportCertificate of OccupancyTermite inspections certificate
BUILDING DESIGN GUIDELINESBuilding design should provide for an attractive living facilityand environment suited to the social economic andrecreational needs of resident families and individuals. Itshould provide for ease of circulation and housekeeping,visual and auditory privacy, appropriate light and ventilation,fire and accident protection, economy in maintenance anduse of space, accessory services, energy efficiency, andsanitation facilities.
Allowable Housing Types: Single Family Detached Duplex Townhomes Row Houses Condominiums
ACCEPTABLE BUILDING SYSTEMS•Reinforced concrete block throughout•Reinforced concrete block with frame interior.•Reinforced concrete with concrete block or frame interior•Reinforced concrete utilizing insulated concrete forms,(ICF’s) with concrete block or frame interior•Steel frame with masonry exterior•Steel frame with lath and plaster exterior or otheracceptable composite materialOther building systems must be submitted to the VIHFA forreview and approval
SPECIFIC REQUIREMENTS OF THE DEVELOPER During construction there will be meetings or conferences asneeded for proper controls and administration of the project,which may include weekly meetings.Before final inspections units shall be mopped clean, glasswashed, windows moving parts cleaned from dirt/dust, andlubricated as needed to be in good working order, water andelectricity turned on, and area landscaped. This shall be repeatedif necessary, upon final punch listed work is accepted.Contractor shall keep one set of reproducible drawings markeddaily with as-built conditions. At closing, VIHFA shall be providedwith Mylar reproducible including as- built conditions.
SPECIFIC REQUIREMENTS OF THE VIHFAThe Authoritys role in construction Administration will be one ofproviding input into project development in the initial stages toinfluence cost, design, quality and timely development of theproject. These are essential ingredients that determine thesuccess of failure of a development project.The Authority has a vital role in ensuring that the projects arefinished on a timely basis.Each project must start with the greatest understanding of allaspects of the project. VIHFA can perform a valuable service inaiding the Developer with project scheduling, weekly and monthlyreporting, establishing systems for accurate Documentation.These are all elements that if handled professionally can savetime and money for the developer.