CDBG 40th Anniversary Celebrated in the U.S. Virgin IslandsPopular program helps build better neighborhoods
The Community Development Block Grant program known as CDBG turned 40 and the U.S. Virgin Islands Housing Finance Authority (VIHFA) is joining the celebration. To observe the occasion, banners featuring pictures of recent CDBG-funded projects are displayed outside their offices in St. Croix and St. Thomas. In addition, a special insert was included in the VIHFA Executive Director's August 2014 newsletter. The insert contains talking points about the CDBG Program and lists various projects that have been funded by CDBG over the years.
In addition, the Territory's Governor, the Honorable John P. de Jongh, Jr., issued an official proclamation declaring August 22 as "CDBG Day" throughout the Territory in recognition of the program's 40th Anniversary.
In 1985, the Territory began receiving an annual allotment of CDBG funds and has received the sum of $56,472,976 to date. These funds have been awarded to various public, non-profit and faith-based sub-recipients which have undertaken the construction of public infrastructure projects and community facilities, and have also supported numerous public service projects. In 2007, the Legislature of the Virgin Islands and the Government of Virgin Islands transferred the administration of the CDBG Program to the VIHFA.
|Content Archived: August 24, 2016|