(1) property of the United States, unless otherwise provided by the Congress of the United States;
(2) property of the government of the United States Virgin Islands;
(3) every building used and set apart exclusively for—
(A) religious worship; or
(B) educational, literary, scientific or charitable purposes — and every tract of land not exceeding five acres, upon which such buildings are situated, if such buildings and grounds are not used or leased with a view to the pecuniary profit of either owner or lessee;
(4) all cemeteries, subject to the same condition as in subdivision (3) of this section; and
(5) all property to the extent of the homestead exemption provided for in section 2305 of this title.
(6) All improvements to real property which are funded with Federal Low Income Housing Tax Credits which are included in an Approved Affordable Housing Development Plan pursuant to title 29 Virgin Islands Code, chapter 16. This exemption shall be applicable only during the Internal Revenue Service compliance period.