FHA extends foreclosure relief for homeowners
October 24, 2017
The Federal Housing Administration (FHA) is extending its initial 90-day foreclosure moratorium for FHA-insured homeowners impacted by Hurricanes Harvey, Irma and María for an additional 90 days due to the extensive damage and continuing needs in hard-hit areas, the agency confirmed.
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MAPR acts as repository for PR cultural, art collections
October 24, 2017
The Puerto Rico Museum of Art, (MAPR as it is known for its initials in Spanish) is spearheading efforts to rescuing and preserving the island’s cultural heritage in the wake of the emergency Hurricane María has caused.
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Study: Retailers could lose $8.4B if power is out 6 mos.
October 23, 2017
Puerto Rico’s retail sector stands to lose more than $8.4 million if power remains down for more than six months, the Retail Business Association warned Monday.
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FEMA OKs more than $500M in assistance to PR
October 23, 2017
The Federal Emergency Management Agency (FEMA) has awarded more than $500 million for survivor assistance, emergency work, and debris removal following hurricanes Irma and María, officials announced Sunday.
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Private Equity for PR reaches $1M donation milestone
October 23, 2017
Private Equity for Puerto Rico, formed by a group of private equity firms announced that the fund has reached its first major milestone of $1 million in donations since its launch on Oct 11.
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Popular Community Bank unveils Popular Private Client
October 23, 2017
Popular Community Bank, the principal U.S. mainland operating subsidiary of Popular Inc., announced the official launch of its private banking division, Popular Private Client.
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Op-Ed: FEMA provides Hurricane María progress report
October 20, 2017
In the four weeks since Hurricane María made landfall on Puerto Rico, the Federal Emergency Management Agency (FEMA) and its federal and local partners, have been making progress in the nation’s most logistically complex response in FEMA history.
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Ford will make 3 payments on loan with Reliable Auto
October 20, 2017
As part of its efforts to contribute to the island’s recovery after Hurricane María, Ford Puerto Rico established an alliance with Reliable Auto to make buying new Ford models more accessible.
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Y-USA, MCS join to support storm-battered YMCAs in PR
October 20, 2017
In the wake of a growing humanitarian crisis after hurricane María devastated Puerto Rico, YMCA of the USA (Y-USA) announced it has joined forces with the MCS Foundation through a $200,000 matching campaign for disaster relief efforts aimed at helping individuals, families and the communities served through the YMCAs in Puerto Rico.
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USDA offers aid for PR’s hurricane-impacted dairies
October 19, 2017
In the wake of the 2017 hurricanes, the United States Department of Agriculture (USDA) is providing emergency assistance to dairy operators in the Commonwealth of Puerto Rico. USDA is preparing for signup to begin Oct. 21, 2017, the agency announced.
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Lufthansa Technik PR re-starts operations in Aguadilla
October 19, 2017
Three weeks after Hurricane María had heavily devastated the island of Puerto Rico, Lufthansa Technik Puerto Rico (LTPR) redelivered their 100th heavy maintenance check for Spirit airlines, the launch customer for the facility, the company said.
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Entrepreneurial orgs unite to help PR businesses
October 19, 2017
A group of business organizations in Puerto Rico’s entrepreneurial ecosystem have joined forces to launch "Raise Your Business PR" campaign to support small and medium-sized enterprises (SMEs) of all business sectors to take the necessary actions after the impact of Hurricane María.
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Op-Ed: FEMA has aid for those left jobless by hurricane
October 19, 2017
Employees or self-employed individuals — who lost their livelihood as a direct consequence of Hurricane Irma or Hurricane Maria — may be eligible for Disaster Unemployment Assistance (DUA).
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DDB Latina unveils ‘PR Recovery Index’ to promote aid
October 19, 2017
With the goal of multiplying international aid that can contribute to the island’s relief and recovery after Hurricane María, DDB Latina Puerto Rico created the “Puerto Rico Recovery Index,” a website that brings together fundraising efforts and other initiatives being carried out locally and abroad.
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Empresas Fonalledas, affiliates give $1M+ in aid to PR
October 19, 2017
Empresas Fonalledas and its affiliated group of companies in Puerto Rico have pledged more than $1 million in cash and other assistance to support recovery efforts in Puerto Rico after Hurricane María.
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