The price of living in paradise is occasional rough weather – and when storms the like of Hurricanes Hugo [1989] and Marilyn [1995] battered the U.S. Virgin Islands, the damage to property proved too much for owners of many of the islands’ historic homes. Over the years, the resulting abandonment of these properties has caused a blight that affects the quality of life, economic vitality, and property values of the once lovely historic rings of houses that distinguish the islands’ downtown areas. The 292-member Virgin Islands Territorial Association of REALTORS® [VITAR] led a campaign to get legislation passed that will not only preserve these endangered properties, but rehabilitate them to their highest and best use. A $44,000 Issues Mobilization Grant from NAR helped to fund a study, polling and advertising. The legislature is expected to vote on the measure this fall – and according to VITAR, it has a very good chance of passing.
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