WASHINGTON, July 21 -- The U.S. Department of Housing and Urban Development issued the following news release on July 20, 2026:

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HUD Halts Funding for Virgin Islands Housing Finance Authority for Mismanagement of Billions

Secretary Turner today announced the immediate suspension of funding for the Virgin Islands Housing Finance Authority (VIHFA) following findings of widespread financial mismanagement, inadequate fraud controls, false certifications, a . . .

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