§ 185. Reports and recommendations to Governor and Legislature
Once a year, at such time as the Governor may determine, the Virgin Islands Housing Finance Authority shall file with the Governor and the Legislature a report of its activities for the preceding year, and shall submit recommendations concerning such additional legislation or other action as it may deem necessary in order to carry out […]
§ 186. General validating provisions
(a) There are validated, ratified, confirmed, approved, and declared legal in all respects, the following: (1) The creation and establishment of the Virgin Islands Housing and Urban Renewal Authority (or of its predecessor agencies), together with all proceedings, acts and things undertaken, performed or done with reference thereto (including the appointment of commissioners, officers and […]
§ 187. Construction with other laws
All activities and operations of the Authority under this chapter are declared to be public governmental activities and, except as may be otherwise provided in this chapter, the Authority shall be entitled to all the privileges and immunities attributable to the Government of the United States Virgin Islands. Nothing in this chapter shall be construed […]
§ 188. Recreation areas required
After July 1, 1973, no plan for the establishment of a housing project, as contemplated by this title, shall be approved by the Virgin Islands Housing Finance Authority unless such plan has been drawn in absolute conformity with applicable Minimum Property Standards, whether they be for single or multifamily housing, established for passive and active […]
§ 154. Instruments of conveyance; recordation
Any instrument executed by the Authority, or by the Government of the United States Virgin Islands, purporting to convey any right, title or interest in any property under this chapter, shall be conclusively presumed to have been executed in compliance with this chapter insofar as the title or other interest of any bona fide purchaser, […]
§ 155. Enforcement of agreements
If at any time title to, or possession of any project is held by any public body or governmental agency authorized by law to engage in the undertaking or carrying out or operation of such projects (including any agency or instrumentality of the United States) the provisions of this subchapter, and of any agreements thereunder, […]
§ 181. Testimony admissible in eminent domain proceedings to fix compensation
In any proceedings in eminent domain to fix or assess just compensation, evidence or testimony bearing upon the following matters shall be admissible, in addition to evidence or testimony otherwise admissible, and shall be considered in fixing such compensation: (1) Any use, condition, occupancy, or operation of such property, which is unlawful or violates, or […]
§ 182. Exemption of Virgin Islands Housing Finance Authority’s property from execution, liens or taxes; payments in lieu of taxes
(a) All property, including funds of the Virgin Islands Housing Finance Authority, shall be exempt from judicial process of every kind, including, without limitation, attachment, levy, execution, and sale by virtue of an execution, and no judgment shall be a lien or charge upon its property or funds: Provided, That the provisions of this subsection […]
§ 183. Expenditures; accounting for funds
The Virgin Islands Housing Finance Authority shall make administrative, maintenance and operating expenditures in accordance with an annual budget, and shall account to the Government of the United States Virgin Islands, in accordance with applicable law, for any funds that may have been furnished to it or appropriated to its use by the Legislature, by […]
§ 126. Investment of public or private funds in bonds or other obligations
Notwithstanding any restriction on investments contained in any laws of the Virgin Islands, the Virgin Islands, any political subdivision thereof, all public officers and other public bodies, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies and other persons carrying on a banking or investment […]