72.4 F
Cruz Bay
Tuesday, March 5, 2024
HomeNewsLocal governmentHUD Approves Block Grant Disaster Recovery Money for USVI

HUD Approves Block Grant Disaster Recovery Money for USVI

U.S. Department of Housing and Urban Development

On July 10, 2018, the U.S. Department of Housing and Urban Development (HUD) approved the United States Virgin Islands (USVI) Action Plan for Community Development Block Grant Disaster Recovery (CDBG-DR) funds that were appropriated under the Additional Supplemental Appropriations for Disaster Relief Requirements Act.

The Act allocated $242,684,000 for long-term recovery efforts. HUD reviewed the USVI’s Financial Certifications and Implementation Plan and determined the USVI has the capacity to manage these funds and the associated risks of this grant.

As described in the action plan, the USVI will use CDBG-DR funds solely for necessary expenses related to disaster relief, long-term recovery, restoration of housing, infrastructure and economic revitalization in the impacted and distressed areas in the USVI as identified in disaster declaration numbers DR-4335 and 4340.

Additionally, the USVI will expend at least 80 percent of the total award amount within HUD-identified “most impacted and distressed” areas and not less than 70 percent of the aggregate of CDBG Program funds to support activities benefitting low- and moderate-income persons, as required by the Feb. 9, 2018, Federal Register Notice.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.

Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.