U.S. Department of Housing and Urban Development Secretary Ben Carson announced the assignment of $241,205 to Puerto Rico, as part of nearly $77 million nationwide in a fourth wave of CARES Act funding supporting up to 8,300 additional vouchers. Funding for the island will benefit the Puerto Rico Public Housing Administration ($140,143), the Municipality of […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the disbursement of more than $37 million in additional funds for 121 projects approved between May 8-14. As social distancing measures continue to safeguard residents, FEMA and COR3 remain focused on prioritizing obligations of funds to municipalities for […]
The global auto industry is facing an economic context that will affect sales processes and customer relations for years to come, according to a study by San Juan-based research firm Abexus Analytics. That trend will be no different in Puerto Rico, where new car sales have plummeted by 96% since the island went into lock-down […]