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1. Aspiring first-time homeowner on St. Croix becomes first recipient of homeownership financing offered by VI Slice program

   ... Development Authority (VIEDA), in partnership with the Office of the Governor and the Office of Disaster Recovery (ODR) celebrated the ... Program’s (hereafter “VI Slice”) first mortgage loan on Monday, May 22, 2023 with approved VI Slice client Jahtaya I. Regis at ...

2. V.I. Economic Development Authority Releases List of Delinquent Loans

   ... U.S. Virgin Islands – September 9, 2013 - Chief Executive Officer of the V.I. Economic Development Authority (VIEDA) Percival E. Clouden ... for the sole purpose of providing the name, date of loan and principal loan balance for those borrowers whose loans are more than ...

3. Virgin Islands Economic Development Authority makes posts permanent for Interim Chief Financial Officer, Economic Development Bank Director of Lending

   ... Monique T. Samuel were recently appointed as Chief Financial Officer and Managing Director of the Economic Development Bank (EDB), ... in dual roles as Interim Director of Lending and Senior Loan Officer for the EDB for over three (3) years. As the EDB’s Interim ...

4. U.S. Virgin Islands approved for up to $57.8 million under the State Small Business Credit Initiative Program to help local small businesses

   ... are participants of the USVI SSBCI Program: a new Loan Participation Program (LPP) to obtain short to long-term financing to help ... VIEDA team, the U.S. Dept. of the Treasury's Public Affairs Office acknowledged that the error was made on Treasury's part as the U.S. ...

5. Merchants Commercial Bank becomes first lending institution to enter MOA to refer applications for VI Slice Moderate-Income Homeownership Program

   ... the Virgin Islands Economic Development Authority (VIEDA) to officially implement the VI Slice Moderate-Income Homeownership Program ... individuals must first apply for a conventional mortgage loan through one of the mortgage lenders participating in the VI Slice Program. ...

6. V.I. Economic Development Authority approves $3 million in loan guarantees to help local small businesses

   ... Development Authority announces that it has approved 24 loan guarantee support applications in the amount of $3.0 million to help local ... owners. According to the VIEDA's Chief Executive Officer Percival E. Clouden, "One of the main reasons small businesses fail is ...

7. VIEDA launches new website for VI Slice Moderate-Income Homeownership Program in the U.S. Virgin Islands

   ... Program (hereafter “VI Slice” program).  Launched officially by the Virgin Islands Economic Development Authority (VIEDA) this ... individuals must first apply for a conventional mortgage loan through one of the  mortgage lenders  participating in the VI Slice ...

8. VIEDA’s Economic Development Bank and Enterprise Zone Commission make history for first dual application for growth of two local small business owners in St. Croix

   ... Simultaneously, Savor St. Croix, applied for a loan of $500,000 from the Economic Development Bank to assist with the purchase ... Christiansted. The VIEDA Governing Board includes officers Kevin Rodriquez, Chairman; Gary Molloy, Vice Chairman; and Haldane ...

9. Board Meeting set for October 11

   ... – October 3, 2022 — Wayne L. Biggs, Jr., chief executive officer of the U.S. Virgin Islands Economic Development Authority (VIEDA), ... Development Bank for The Apotheek, LLC applying for a new loan based in St. Croix, USVI. Please be advised that the VIEDA Board of ...

10. "Wednesday Webinars" SBA Program Updates and the Restaurant Revitalization Program

    ... Viirgin Islands, Puerto Rico & U.S. Virgin Islands District Office, U.S. Small Business Administration (SBA) on the Paycheck Protection Program, the Economic Injury Disaster Loan (EIDL), and the COVDI-19 Economic Relief program. Wednesday, May 19, ...