Affordable Housing Push in USVI Continues With Training Session for Developers
- Janeka Simon
- March 16, 2024
Enterprise Community Partners and the Federal Home Loan Bank of New York (FHLBNY) recently held their second activity as part of the USVI’s Housing Ecosystem Development Grant Program — a training session for current and aspiring affordable housing developers. Following a roundtable discussion convened in August 2023 for the first five grantees under the program, the training session held on Tuesday at the Emerald Beach resort on St. Thomas was aimed at helping to build capacity and promote growth in the territory's affordable housing ecosystem. The workshop, titled “Financing Affordable Housing Development in the Virgin Islands” provided training on federal and local affordable housing funding programs for organizations currently engaged in developing affordable housing, and those wishing to do so. “Increasing the development of affordable homes is at the heart of Enterprise’s goals,” said Jelani Newton, senior director at Enterprise Community Partners. Tuesday’s workshop was ai...