The US Department of Agriculture announced it is accepting applications for grants to assist in the preservation of affordable rural rental housing, for which it is making $3 million available. Grant recipients will provide services to multi-family housing borrowers and applicants. These services will help facilitate the transfer of properties financed with USDA direct loans […]
Several positive indicators point to an economic improvement on the island during 2021 in the face of the great losses caused by the COVID-19 pandemic, Puerto Rico Economic Development Bank President Luis Alemañy said. The agency’s Center for Economic Studies — headed by Economists Gladys Medina and Juan Carlos Gonzalez — offered a rundown of […]
The Puerto Rico Chamber of Commerce (CofC, in Spanish) asked the government — both the Executive and Legislative branches — the schedule to begin “executing” to move from recovery to economic growth, said Luis Gierbolini, president of the private sector trade group. In his statement, Gierbolini said Puerto Rico must move to resolve the issues […]