Our Town Frederiksted Launches 2025 Housing Ecosystem Grant Program to Support Affordable Housing

Our Town Frederiksted, Inc. (OTF), a community-based nonprofit organization, has opened the application cycle for its 2025 Frederiksted Housing Ecosystem Program, offering financial support to eligible property owners in downtown Frederiksted who are working to rehabilitate residential buildings. According to a release issued Wednesday, the program is designed to boost the town’s affordable housing inventory through the provision of low-interest loans and grants. Property owners in need of less than $15,000 to complete residential renovations are encouraged to apply. Shomari Moorehead, president of Our Town Frederiksted, noted the importance of accessible financial resources in sustaining the town’s long-term revitalization efforts. “This low interest loan-grant program allows OTF to continue its proud tradition of providing financial assistance to downtown property owners,” he stated. “We recognize that the ongoing revitalization of our town relies on the presence of residents throu...