Given the need in Puerto Rico for safe and resilient structures due to the frequency of storms and seismic events, and to help phase out life-threatening, irregular construction, the Department of Economic Development and Commerce (DDEC, in Spanish) announced the availability of free housing blueprints. “Through these plans to develop safe homes, we offer an […]
Popular Inc. reported net income of $168.4 million for the quarter ended Sept. 30, 2020, up from net income of $127.6 million for the quarter ended June 30, 2020, but flat when compared to the $164.3 million reported during the third quarter in 2019. “We generated $168.4 million in earnings in the third quarter, reflecting […]
The Federal Emergency Management Agency, in coordination with the Puerto Rico Central Office for Recovery, Reconstruction and Resilience, or COR3, obligated more than $26.2 million in funds to the Puerto Rico Electric Power Authority (PREPA) under the Agency’s Hazard Mitigation Grant Program. These funds are for the engineering and design phase to install a new combined cycle […]
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