Lovenlund Apartments St. Thomas USVI

Phase 1 – 99 units completed in 2003
Phase 2 -96 units completed in 2006

Leasing:
For leasing information, please contact Lovenlund Apartments at (340) 715-2130.

Affordability:
100% at 60% of Area Median Income, or less

Funding:
Low Income Housing Tax Credits
Conventional Mortgage

Lovenlund Apartments was the first larger scale tax credit development in the USVI. It has set a precedent by using a very desirable site with stunning ocean views, rather than relegating affordable housing to inferior locations.

Total Development Cost - $47,780,000

Lovenlund has an extensive waiting list of future residents.