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July 20, 2026

HUD Freezes $1.3 Billion in Disaster Recovery Funding for Virgin Islands Housing Authority Amid Fraud Concerns

  • HUD has suspended funding for the Virgin Islands Housing Finance Authority due to concerns over fraud and mismanagement of nearly $2 billion in disaster recovery aid.
  • Governor Albert Bryan Jr. expressed shock at the suspension, calling it unprofessional and suggesting it may be politically motivated.
  • Bryan stated that the territory has made significant progress on recovery projects and has addressed many issues cited by HUD.