For hours Saturday, scores of people gathered at the D.C. Canegata Recreation Center to learn everything it takes to own and care for a home in the Virgin Islands from vendors and the V.I. Housing Finance Authority.
VIHFA staff gave out literature and talked to people about the various housing programs through the V.I. Government. Kikya Kirnon, VIHFA communications director, said they were also highlighting the emergency rental assistance program because it expires at the end of September. Those who are approved can expect their rent to be paid for a maximum of 18 months for any number of reasons- lost jobs, overwhelming expenses, and illness.
Vendors included Banco Popular, First Bank, and others. Bank of St. Croix’s president Christiane Williams, said she and Prudencia Mills talked to prospective customers about residential, construction, land, and federal government loans. She recommended people visit the bank’s website to learn where to start the process.
Monique Armstrong of Marshall and Sterling Insurance said a lot of people asked about personal, auto, and homeowners insurance. She said appraisals are required before approval to indicate the amount of insurance that will cover replacing the home.
Many people don’t think of estate planning when they buy a home, but Steve Lowe’s new company, My Estate Shield VI, through the University of the Virgin Islands Research and Technology Park, talked to around 50 people who were interested in his services. After leaving their names and contact information, they will be interviewed about their needs.
“People see that the lack of planning causes problems,” he said.
Home Depot displayed home appliances such as fans and internet connectors for sale and gave away games for children and gifts for adults.
Carl Joseph from the V.I. Energy Office said most of the people who visited his table were interested in the Energy Efficiency and Rebate Program that provides a 40% rebate when they buy Energy Star appliances.
“The most important thing I have on this table is “Keys to a Healthy Home” and “Energy Budgeting,” booklets, he said.
Teri Prendergast, of Global Medivac, said she received a lot of inquiries. The 10-year-old company not only evacuates patients but also brings them home. They cover travel expenses, offer visitor and escort transportation, and even transport pets.
Other vendors included the V.I. Office of Disaster Recovery, Home Depot, St. Croix Board of Realtors, WTJX, and Annaly Insurance Co.
The V.I. Housing Expo will be held again on June 21 at the University of the Virgin Islands Eldridge Blake Sports and Fitness Center from 10 a.m. to 3 p.m.