Child Tax Credit, Work Credit to inject $2.6B into Puerto Rico economy
January 12, 2022
More than 304,000 families could benefit this year from the Child Tax Credit (CTC) and 466,000 families from the Work Credit benefit, which together will benefit their pockets and inject up to $2.6 billion into the Puerto Rican economy, according to for Youth Development Institute of the nonprofit Espacios Abiertos (EA). Economist María Enchautegui, the […]
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OncoHealth, Triple-S Salud partner for evidence-based cancer treatment
January 12, 2022
OncoHealth, a digital health company dedicated to navigating the physical, mental, and financial complexities of cancer care, has announced a multi-year partnership with Triple-S Salud. OncoHealth and Triple-S have been partners for more than two years and now they have expanded their partnership to include cancer treatment reviews for all lines of business, including 450,000 […]
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McDonald’s donates toys, food to 3 children’s shelters in Puerto Rico
January 12, 2022
As part of its “Navidades Nivel Boricua” campaign, McDonald’s Puerto Rico marked the holiday season by donating toys and food to three children’s homes on the island. The campaign benefited the Hogar Albergue de Niños, Portal de Amor Inc. in San Germán, Hogar de Niños Forjadores de Esperanza Inc. in Bayamón, and Hogar Infantil Santa […]
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NRCS provides $19.5M+ in tech, financial conservation aid to Caribbean farmers in ’21
January 12, 2022
In 2021, USDA’s Natural Resources Conservation Service (NRCS) provided more than $19.5 million across its different programs to farmers, ranchers, and forest landowners in Puerto Rico and the US Virgin Islands, the agency announced. “Our data shows that we and our partners brought a healthier resource base and were able to impact farmers and communities […]
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Gov’t opens $75.6M Puerto Rico Homeowner Assistance Program application cycle
January 11, 2022
The US Department of Treasury approved Puerto Rico’s plan to use some $75.6 million for the Homeowner Assistance Program to help homeowners who have faced difficulties paying the mortgage on their primary residence, and other housing-related expenses, due to the COVID-19 pandemic. “This program is aimed at preventing mortgage defaults, home foreclosures and the loss […]
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3 nonprofits serving Puerto Rico get USDA conservation assistance grants
January 11, 2022
The U.S. Department of Agriculture (USDA) is investing $50 million in 118 partnerships to expand access to conservation assistance for climate-smart agriculture and forestry. Three of those partnerships — with Pecan Street Inc., Rural Advancement Foundation International‐USA, and the Rural Coalition — will benefit Puerto Rico communities, according to the agency. The Equity Conservation Cooperative […]
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TOTE, Global Citizen USA partner to distribute toys to communities in Puerto Rico
January 11, 2022
The TOTE Group’s maritime companies have partnered with Global Citizen USA to ensure hundreds of families in Alaska and Puerto Rico received toys in time for the holidays. TOTE worked with logistics partners Carlile, Ryder Systems, Tropical Shipping, DM Transport and OM Transport to provide transportation and warehousing services to deliver 23,400 toys to more […]
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Puerto Rico get $35.4M from US gov’t for home energy assistance
January 10, 2022
Due to the passage of the American Rescue Plan, Puerto Rico has received $35.4 million for the Low-Income Home Energy Assistance Program (LIHEAP) available this fiscal year, which runs through September 2022. As part of a state-by-state breakdown of funding, the White House reported that in addition to an annual appropriation of $15.2 million for […]
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Pierluisi names new Puerto Rico Labor Secretary
January 10, 2022
Gov. Pedro Pierluisi has appointed Gabriel Maldonado-González as Puerto Rico’s new Department of Labor and Human Resources secretary, filling the vacancy left by his predecessor, Carlos Santiago, who stepped down Dec. 31. Maldonado has extensive government and private sector experience, as well as in the field of labor law, both in the state and federal […]
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The impact of 5G on cyber risks
January 10, 2022
[SPONSORED POST] 5G technology has the potential to revolutionize all sectors of the economy and give way to an unimaginable future: hyperconnected and rich in foreseen devices and sensors that still have a long way to go. It may considerably transform every aspect of our lives, from transportation to medicine and even entertainment. However, as […]
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Río Piedras’ Paseo de Diego to get $60K artistic makeover
January 10, 2022
The San Juan municipal government unveiled over the weekend a $60,000 initiative to give the iconic Paseo de Diego in the Río Piedras urban center an artistic makeover consisting of murals and sculptures created by local artists. San Juan Mayor Miguel Romero called the Paseo del Arte, Río Piedras project an economic and cultural development […]
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Hunter College’s Center for Puerto Rican Studies gets $1.2M Andrew W. Mellon Foundation grant
January 10, 2022
The Andrew W. Mellon Foundation has awarded Hunter College a grant of $1.2 million to support scholarly study groups bringing together academics, journalists, and artists from both Puerto Rico and its diaspora at Hunter’s Center for Puerto Rican Studies, the Centro announced. The Centro has a 50-year legacy of interdisciplinary and collaborative research. This new […]
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FEMA moves forward with earthquake recovery efforts in Puerto Rico
January 5, 2022
Two years after the string of earthquakes that hit Puerto Rico at the end of 2019, the recovery continues with more than $523 million that the Federal Emergency Management Agency (FEMA) has allocated. The funds are distributed among projects in 14 municipalities of the southern, western, and central parts of the island. Among the structures […]
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Lexus ‘reframes’ vision of luxury to focus on life experiences
January 5, 2022
These days, luxury is defined as something far beyond material possessions and is now related to experiences that offer an element of surprise, affect lives and that become unforgettable. That’s what Lexus’ new vision is about, focusing its efforts on “reframing” the meaning of luxury, the brand stated. As part of the brand’s ongoing changes, […]
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Kinderhook closes acquisition of Medical Card System Inc.
January 4, 2022
Nearly seven months after announcing its intention to acquire Puerto Rico-based healthcare services organization Medical Card System (MCS), MHH Healthcare, L.P. announced it has closed the transaction. MHH Healthcare is a platform company formed by Kinderhook Industries, LLC to invest in health plans, health maintenance organizations, and healthcare services organizations. The transaction completes MHH Healthcare’s […]
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