Business View caribbean - Aug 2023

26 BUSINESS VIEW CARIBBEAN VOLUME 10, ISSUE 8 Graham emphasizes the significance of this concept, which, he believes, will bring tremendous dividends for their residents over the years. The beauty of this approach is that it does not require money from HUD but relies instead on private equity, a source of funding that was previously untapped. Focused on Transformative Design and Progress Looking ahead, the Virgin Islands Housing Authority has an ambitious plan laid out for the next 18 months. Graham’s primary focus lies in escalating the development of housing projects. The goal is to have six projects under construction by the third or fourth quarter of 2024. These six projects, according to Graham, are destined to make a difference. Not only is the number of units essential, but the architectural quality and design of these developments are also at the forefront of Graham’s mind. Having Pelle, a seasoned architect, as lead for the projects brings a valuable and praticalfocus to its development efforts. The VI Housing Authority has already built four developments before the hurricanes hit, the designs of which it takes immense pride in. “We did not want them to look like public housing. We wanted them to look like market- rate housing,” Graham asserts, underscoring the objective of creating residential units that instill a sense of pride in their inhabitants. PREFERRED VENDORS/ PARTNERS n Dudley Rich LLP www.dudleylaw.com n Dynotec, Inc. www.dynotecinc.com After After After After After AFTER AFTER AFTER