The U.S. Environmental Protection Agency announced Wednesday it has reached an agreement with F&R Contractors Corp. and F&R Contractors LLC (F&R) to settle the companies’ alleged violations of requirements to control pollution from stormwater discharges.
First BanCorp., the bank holding company for FirstBank Puerto Rico, announced Tuesday it has entered into a definitive agreement to sell a portfolio comprised of mostly non-performing and classified commercial loans and real estate owned totaling $199.8 million of unpaid principal balance, or $150.1 million of book value, for $87.6 million in cash or 43.8 percent of the unpaid principal balance of the assets.
The U.S. Department of Agriculture recently announced it has some $10.4 million in funding available for grants to support rural community economic development.
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