Disaster Recovery

HUD Releases $243 Million In Disaster Recovery Grant To USVI; Next Release Of More Than $800 Million Expected By Year's End

Governor Kenneth Mapp's work to secure hundreds of millions of dollars in federal funding for the U.S. Virgin Islands following 2017 Hurricanes Irma and Maria, are finally becoming tangible. Today, U.S. Department of Housing and Urban Development (HUD) Deputy Secretary Pamela Hughes Patenaude and Governor Mapp announced the formal execution of a $243 million grant agreement to help the territory recover from the storms. Two more releases of $846 million and more than $700 million have already been set aside for the territory as part of the $1.8 billion announced for the USVI in April. Mr. Mapp said his administration will submit its plan to HUD for the $846 million in October. "HUD will have 45 days to act on that plan and approve it or send it back for some adjustments, and then we work on the third tranche of $774,188,000 which is for mitigation," Mr. Mapp said. The U.S. Virgin Islands' long-term recovery is supported through HUD's Community Development Block Grant-Dis...