Interested parties must submit a formal application using the form supplied by CDBG. The application process is conducted once a year. Applications are typically made available at VIHFA’s offices on St. Thomas and St. Croix in early January. Notices are published in the local newspapers and electronic media announcing the availability of applications. Typically, applications are generally due in mid-February. Applications must be submitted by the due date stated on the application in order to be considered for funding.