8000 Nisky Center, Suite 620 St. Thomas, VI 00802 340-714-1700 www.usvieda.org info@usvieda.org 116 King Street, Frederiksted St. Croix, VI 00840 340-773-6499 Economic Development Bank Enterprise Zone Commission Economic Development Park Corporation Economic Development Commission June 5, 2026 Honorable Novelle E. Francis, Jr. Chairman, Committee on Budget, Appropriations and Finance 36th Legislature of the Virgin Islands St. Croix, VI 00820 Dear Senator Francis, Jr.: Please excuse the Virgin Islands Economic Development Authority (“VIEDA”) team from the June 8, 2026 hearing regarding Bill No. 36-0273 An act amending Act No. 8465 redirecting the appropriation from the First-Time Homebuyers Program to the Williams Delight Community Homeownership Program and the VI Slice Homeownership Program, and accept the attached document as my testimony to be read into the legislative record. I will be out of the Territory from June 6th through June 14th, 2026 on a previously scheduled VIEDA business trip. Mr. Dwayne A. Benjamin, Sr., Assistant Chief Executive Officer, has a conflict in his schedule. On June 8th, he is required to attend a special Virgin Islands Economic Development Commission (“VIEDC”) Governing Board meeting to address a time sensitive matter – the sale of Carambola Hotel. Ms. Monique Samuel, Managing Director, Economic Development Bank for the United States Virgin Islands is currently out of the Territory. Should you or any other senators have any questions relative to my written testimony, I would be happy to answer them in writing upon my return to the office. Thank you for your understandin, cooperation, and continued support. Respectfully, Wayne L. Biggs, Jr. Chief Executive Officer cc: Dwayne A. Benjamin, Sr., Assistant Chief Executive Officer/VIEDA Monique Samuel, Managing Director, Economic Development Bank/VIEDA K’Nisha Gumbs, Loan/Collection Officer/VIEDA Kelly Thompson Webbe, Chief Financial Officer/VIEDA Encl.