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VIRGIN ISLANDS HOUSING FINANCE AUTHORITY Revenue Estimating Conference ‘Ga wey ZN me. a ais anal Presented by: Daryl Griffith Executive Director August 10, 2021 —— ih. Re Rs oo Pe) el Rae } Gas i _ “4 : a Ss E&Y Total Projects Housing Projects Econ Revitalization Projects Public Services & Facilities Infrastructure Projects Qarce> Projects 37 3 17 .) 12 Total Projects by Island Projects Under Construction Subrecipient Project Project Amount Island Shi 15 Virgin Islands Housing Envision Tomorrow: Homeowner 135.2M Territory Finance Authority Water and Power Randolph Harley Power Plant New 95.9M STT Generation Authority Virgin Islands Housing Donoe Redevelopment 29.0M STT Territory Authority JDC-Magens Junction Magen’s Junction II 3.5M STT Associates L.L.L.P. Economic Development Vision 2040 Plan 0.3M Territory sTJ |e Authority Total Projects by Project Phase 11 Application Development Construction Environmental Clearance Sub-Agreement/Notice to Solicitation: Design Close-out Solicitation Proceed 0 RN . …
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VIRGIN ISLANDS HOUSING FINANCE AUTHORITY Revenue Estimating Conference ‘Ga wey ZN me. a ais anal Presented by: Daryl Griffith Executive Director August 10, 2021 —— ih. Re Rs oo Pe) el Rae } Gas i _ “4 : a Ss E&Y Total Projects Housing Projects Econ Revitalization Projects Public Services & Facilities Infrastructure Projects Qarce> Projects 37 3 17 .) 12 Total Projects by Island Projects Under Construction Subrecipient Project Project Amount Island Shi 15 Virgin Islands Housing Envision Tomorrow: Homeowner 135.2M Territory Finance Authority Water and Power Randolph Harley Power Plant New 95.9M STT Generation Authority Virgin Islands Housing Donoe Redevelopment 29.0M STT Territory Authority JDC-Magens Junction Magen’s Junction II 3.5M STT Associates L.L.L.P. Economic Development Vision 2040 Plan 0.3M Territory sTJ |e Authority Total Projects by Project Phase 11 Application Development Construction Environmental Clearance Sub-Agreement/Notice to Solicitation: Design Close-out Solicitation Proceed 0 RN . g CDBG-MIT Vance Project/Program Grant Allocation 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 A Administration 38.7M 0.45M 2.40M 3.91M 4.30M 4.00M 3.52M 4.20M 3.80M 3.80M 3.80M 3.33M 1.20M Commerical Hardening & Financing 41.0M 0.00M 4.10M 4.10M 4.10M 4.10M 4.10M 4.10M 4.10M 4.10M 4.10M 4.10M 0.00M Community Resilience & Public Facilities 102.5M 5.39M 10.79M 10.79M 10.79M 10.79M 10.79M 10.79M 10.79M 10.79M 10.79M 0.00M 0.00M Homeless Housing Initiative 23.6M 1.12M 449M 4.49M 449M 449M 4.49M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M Innovative Resilient Housing 5.1M 0.26M 1.03M 1.03M 1.03M 1.03M 0.77M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M Multifamily Housing 102.5M 6.21M 12.42M 12.42M 12.42M 12.42M 12.42M 12.42M 12.42M 9.32M 0.00M 0.00M 0.00M Planning 32.4M 2.88M 2.88M 2.88M 2.88M 2.88M 2.88M 2.88M 2.88M 2.88M 2.88M 2.88M 0.72M Public Services 15.4M 0.88M 1.76M 1.76M 1.76M 1.76M 1.76M 1.76M 1.76M 1.76M 0.44M 0.00M 0.00M Resilient Critical & Natural Infrastructure 315.7M 7.70M 30.80M 30.80M 30.80M 30.80M 30.80M 30.80M 30.80M 30.80M 30.80M 30.80M 0.00M Small Business Mitigation 35.8M 1.70M 6.82M 6.82M 6.82M 6.82M 6.82M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M VIHFA New Home Construction 61.5M 1.46M 5.86M 5.86M 5.86M 5.86M 5.86M 5.86M 5.86M 5.86M 5.86M 5.86M 1.46M Total 774.2M 28.07M 83.34M 84.85M 85.24M 84.94M 84.20M 72.81M 72.41M 69.30M 58.67M 46.97M 3.38M Grant Allocation by Project/Program 315.7M 0.2bn 102.5M 102.5M 61.5M 41.0M 38.7M 35.8M 32.4M 23.6M 15.4M la | le a a i oe 5.1M 0.0bn Resilient Critical VIHFA New Home Commerical Administration Small Business Homeless Public Services Innovative Community Multifamily Planning & Natural Resilience & Housing Construction Hardening & Mitigation Housing Initiative Resilient Housing Infrastructure Public Facilities Financing Project/Program Ss -— Total Drawn Qarce> _Expenditures 91.0M Total Expended by Year HUD Disbursed Funds by Program 54.9 Infrastructure 35.0M Housing Administration Planning TW aim 1.1M Economic Revitalization 0.2M Public Services & Public Facilities 0.0M 2019 2020 2021 Expenditures by Project 23.94M 21.50M 10.66M 7.73M 3.33M 2.01M 0.24M 0.14M 0.05M 0.03M 0.02M 0.01M SSS 0.00M Local Match Envision Donoe Envision Vision 2040 Charlotte Northside Road Ross Randolph Magens Skills for Today: Marketing Donoe Bypass Harley Power Tomorrow Redevelopment Junction II Tomorrow: On the Job Campaign Amalie Taarneberg Plant Homeowner Rental Mixed Use Bui Training Dredging Projections Projections for Project Costs FY 2022 Projections for Project Costs FY 2023 Program Projected Expenditures Program Projected Expenditures Infrastructure & Local Match 100.4M Infrastructure & Local Match 102.4M Housing 81.3M Mitigation 83.3M Mitigation 28.0M Housing 58.3M Economic Revitalization 20.1M Administration & Planning 22.2M Administration & Planning 9.8M Economic Revitalization 12.5M Public Services & Facilities 6.3M Public Services & Facilities 7.2M Total 246.0M Total 285.9M Projections by Program Year @2022 2023 100.41M 102.44M 81.29M 83.30M 58.31M 28.00M 20.13M 22.20M LJ 12.46M 9.85M 6.33M 7.20M || | | ————— Infrastructure & Local Match Housing Mitigation Economic Revitalization Administration & Planning Public Services & Facilities Program Projection (2°) Gross Receipt Taxes FY 2021 (Paid) FY 2022 (Projections) FY 2023 (Projections) STEP: 14.8M as of 6/21 Aaa! ee GRT: 10M CDBG-DR: 60M GRT: 3M CDBG-DR: 743K as of 7/21 Envision Tomrrow: 32M | GRT: 1.6M CDBG-MIT: 62.5M GRT: 3.1M CDBG-MIT: 21M GRT: 1.1M