InvestPR nabs 3 Int’l Economic Development Council awards
October 24, 2022
InvestPR was recognized for its campaigns to elevate Puerto Rico as an investment destination.
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COR3: Nearly 200 entities have applied for public assistance
October 20, 2022
The funding application deadline is Oct. 21.
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SBA OKs $3.7M+ in disaster loans in 30 days after Hurricane Fiona hit
October 19, 2022
Businesses and private nonprofit organizations of any size may borrow up to $2 million for repairs.
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Gov’t disburses $1.2M in incentives to SMEs affected by Hurricane Fiona
October 10, 2022
About 40% of the 10,000 applications filed correspond to businesses from the southern and southwestern municipalities.
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PR Small Business Development Center gets $125K SBA grant
October 6, 2022
Through the local agency, the SBA seeks to reach small businesses in Puerto Rico to help them get through the economic recovery.
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Gov’t Fiscal ’20 audited financial statements show $60B deficit
October 5, 2022
The units that compose the government — departments, agencies, funds, functions, and public corporations — were included in KPMG’s audit.
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Biden vows to drive ‘decisive progress’ to rebuild Puerto Rico’s energy grid
October 4, 2022
Biden announced the creation of the Puerto Rican Grid Recovery Modernization Team.
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OIG report: FEMA botched oversight of $65M in María recovery funds
October 4, 2022
Upon review of expenses, the OIG found thousands of dollars approved that lacked supporting documentation.
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Treasury starts collecting data on damages caused by Hurricane Fiona
October 3, 2022
The agency’s Public Insurance Office is handling the process.
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Housing signs agreement with 6 towns to free up $36.4M in federal funds
October 3, 2022
The six towns, which have organized themselves under the ConSur consortium, will oversee the recovery program.
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FEMA OKs $102M in individual assistance claims in Puerto Rico so far
September 30, 2022
The Federal Emergency Management Agency (FEMA) has approved $102 million in individual assistance claims filed by survivors of Hurricane Fiona in Puerto Rico. Since opening the application window Sept. 21, the agency has received 591,000 individual assistance claims, Gov. Pedro Pierluisi said during a news conference to provide an update of the work that local […]
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President Biden to visit Puerto Rico; FAA notice indicates Oct. 3 date
September 29, 2022
Biden announced today that he intends to visit Puerto Rico to get a first-hand take on the damages caused by Hurricane Fiona.
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HUD announces disaster assistance for Puerto Rico
September 29, 2022
The federal agency seeks to supplement island wide and local recovery efforts in areas of Puerto Rico affected by Hurricane Fiona.
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Mayors Federation seeks direct allocation of Fiona recovery funds
September 29, 2022
The organization believes that the direct allocation and management of emergency funds will help towns speed up recovery and reconstruction efforts.
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Puerto Rico Treasury Dept. outlines post-hurricane tax relief measures
September 28, 2022
The agency announced deadline changes and other considerations for businesses and individuals.
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