Acquisition or designation of land for sale to veterans
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The Virgin Islands Housing Finance Authority shall acquire suitable parcels of land or it may designate parcels of land already under its jurisdiction, with the approval of the Governor and the Legislature, for exclusive allotment and sale, on terms, to qualified veterans who were born in the Virgin Islands or who entered the Armed Forces from the Virgin Islands, in connection with a housing program for veterans, under such rules and regulations as the Executive Director of the Virgin Islands Housing Finance Authority” may prescribe.
The Government of the Virgin Islands shall install water and sewer lines and provide adequate access roads to all parcels of land which are acquired pursuant to this section.