Modification to the CLTV and DTI Requirements in the VI Slice Moderate IncomeHomeownership Program

The Virgin Islands Economic Development Authority (“USVIEDA”) through its subsidiary entity theEconomic Development Bank of the U.S. Virgin Islands (“EDB”) administers the VI Slice Moderate IncomeHomeownership Program (“VI Slice”) in partnership with the Office of Disaster Recovery (“ODR”) andlenders licensed in the U.S. Virgin Islands. EDB has received inquiries and concerns from the Territory’slenders about […]
First VI Slice recipients on St. Thomas announced

CHARLOTTE AMALIE, St. Thomas, U. S. Virgin Islands – July 24, 2023 — The Virgin Islands EconomicDevelopment Authority (“VIEDA”) partnered with the Office of the Governor and the Office of the Lieutenant Governor to announce the first recipients of VI Slice Moderate Income Home OwnershipProgram (“VI Slice”) assistance on St. Thomas. At Government House in […]
Aspiring first-time homeowner on St. Croix becomes first recipient of homeownership financing offered by VI Slice program

CHARLOTTE AMALIE, St. Thomas, U. S. Virgin Islands – May 22, 2023 — The Virgin Islands Economic Development Authority (VIEDA), in partnership with the Office of the Governor and the Office of Disaster Recovery (ODR) celebrated the closing of the VI Slice Moderate Income Homeownership Program’s (hereafter “VI Slice”) first mortgage loan on Monday, May […]