Puerto Rico Housing Dept. hands over property titles to 28 families
February 9, 2023
In addition, 11 vouchers were awarded under the Materials Assistance Program.
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HUD aids 34K Puerto Rico homeowners stay in their properties
February 9, 2023
FHA foreclosure avoidance options have been expanded and extended.
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ICF lands new $51M disaster management contract in Puerto Rico
February 7, 2023
The contract has a term of three years, with an option to extend for an additional 24 months.
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Puerto Rico gov unveils proposal to reduce taxes by over $500M
February 6, 2023
Amendments aim to benefit the middle class and businesses, as well as simplify the filing process.
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Hurricane Fiona federal assistance reaches $811M in Puerto Rico
January 31, 2023
FEMA, the SBA and the National Flood Insurance Program have provided assistance.
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FEMA assigns $18.5M for Valenciano water treatment plant and reservoir
January 30, 2023
The total cost of the project is estimated at more than $417 million in FEMA funding.
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Puerto Rico Treasury reports $817M in revenue for Nov. ’22
January 25, 2023
In November 2022, Puerto Rico’s inter-annual inflation was set at 6.3%.
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Puerto Rico Treasury Dept. unveils new tool to manage, monitor tax credits
January 18, 2023
This is the first time the Treasury Department will have a centralized system.
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$540M allocated to expand PR-10 from Utuado to Adjuntas
January 12, 2023
The project should take about five years to build.
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FEMA assigns $114M+ to repair water treatment plant for La Plata
January 12, 2023
The plant services about 475,000 residents in the Toa Alta region, which comprises six municipalities.
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Pierluisi signs law to boost film industry incentives to $100M
January 11, 2023
The law amends the Incentives Code by increasing tax credit limits for film projects.
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SBA Hurricane Fiona recovery loans still available for small businesses
January 11, 2023
The SBA offers disaster loans with no interests and no required payments for the first year.
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USDA to invest $1M to improve traffic access to El Yunque
January 10, 2023
In December, USDA kickstarted this effort with a $250,000 investment to develop a master transit plan to improve the visitor experience.
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Pierluisi submits bill to increase tax benefits to offset inflation
January 4, 2023
Gov. Pedro Pierluisi announced he will submit a bill to the Legislature that would introduce a cost-of-living adjustment to Puerto Rico’s Internal Revenue Code to increase tax benefits and offset the effects of inflation on individuals. “The COVID-19 pandemic and other global factors have contributed to the increase in the cost of living for Puerto […]
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PRITS bets on innovation, cybersecurity to streamline gov’t processes
January 4, 2023
Agency seeks to improve quality of life for Puerto Rico residents.
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