The Virgin Islands Housing Finance Authority, established by Title 21, chapter 2, section 103, VIC, shall administer the provisions of this subchapter. All powers, duties, and functions of the Virgin Islands Urban Renewal Board existing prior to June 24, 1987, are transferred to the Virgin Islands Housing Finance Authority; provided, however, that all such powers, […]
The Authority shall have all the powers necessary and convenient to carry out and perform the purposes and provisions of this chapter (except the power to levy and collect taxes or special assessments), including the following powers in addition to other powers granted in this chapter, and may— (1) have perpetual succession; (2) sue and […]
(a) The Authority is empowered and authorized to participate in the programs of the Federal Government in the fields of urban renewal and urban planning, and related activities. (b) In connection with such participation, and in addition to powers otherwise conferred by this chapter, the Authority is empowered and authorized (1) to enter into contracts […]
(a) No judgment shall be rendered against the Virgin Islands Housing Authority or the Virgin Islands Housing Finance Authority in excess of $50,000.00 in any suit or action against the Authority with respect to any injury or loss of property or personal injury or death which: (i) may be caused by the negligent or wrongful […]
