§ 191n. Cost limitations
(a) No dwelling shall be erected by the Government at a cost of more than $25,000 exclusive of the proportional cost of the land. (b) The minimum selling price for a dwelling shall be a sum at least equal to the Government’s acquisition cost plus the cost of any additions and improvements.
§ 191o. Right of entry
In the discharge of his duties and responsibilities hereunder, the Executive Director of the Virgin Islands Housing Finance Authority, or his representative, after obtaining permission to do so from the owner or holder, or his representatives, may enter any land or premises, for the purpose of making surveys, taking measurements, or conducting investigations with regard […]
§ 191p. Public hearing
Prior to the acquisition of any lands through the exercise of the power of eminent domain, for the purposes of any moderate income housing project under the provisions of this subchapter, all affected property owners and other interested parties shall be afforded an opportunity, at a public hearing to be called for such purpose by […]
§ 191q. Condemnation
In all proceedings for the condemnation of real property under this subchapter, the following procedure shall apply: (a) Notice shall be served by the Executive Director of the Virgin Islands Housing Finance Authority on the property owner or his representative which shall include the following: (1) a declaration of the intention of the Government of […]
§ 191i. Applications, eligibility
(a) All applicants for land and dwellings in a moderate income housing project shall be residents, persons of moderate income, and at least 18 years of age, except for the class of priority purchasers referred to in paragraph (5) of section 191j of this title. Applications shall be made in writing to the Executive Director […]
§ 191j. Priorities
The priority of purchasers of homes shall be in the following order: (1) Residents presently owning and living in superficiary buildings on land or leasing land privately owned or acquired by the Government. (2) Residents presently living in rented homes located in areas acquired by the government or who may have applications pending for a […]
§ 191k. Conveyances; mortgages; payments
(a) In the name of the Government of the United States Virgin Islands, and with the approval of the Governor, the Executive Director of the Virgin Islands Housing Finance Authority shall issue contracts for the purchase and sale of land and dwellings provided under this subchapter or issue deeds of conveyance either in fulfilment of […]
§ 191l. Supplies and services for mutual aid and self-help
In the construction of any building pursuant to the provisions of this subchapter, the Executive Director of the Virgin Islands Housing Finance Authority may make available materials, supplies, technical services, surveys and equipment to such applicants and upon such terms and conditions as may be established from time to time by rules and regulations promulgated […]
§ 191m. Restraints on alienation; repurchase
(a) Purchasers of allotted land under this subchapter shall not, within a period of 20 years from the date of the deed, lease, sublease, sell or transfer by gift or otherwise the land so allotted without the prior written consent of the Governor. Such restraints on alienation shall not be construed to apply to a […]
§ 191g. Functions of the Committee
The Committee shall recommend to the Executive Director of the Virgin Islands Housing Finance Authority: (a) necessary surveys of the needs of the Virgin Islands residents for moderate income housing; (b) investigation of areas in the Islands where real property may be purchased for the construction and development of moderate income housing projects; (c) selection […]