FEMA allocates $7.2M+ to repair wastewater treatment facilities
December 10, 2021
The Federal Emergency Management Agency (FEMA) allocated more than $7.2 million to the Puerto Rico Aqueduct and Sewer Authority (PRASA) for repairs to wastewater treatment and water pumping facilities in Humacao and Las Piedras. These projects ensure critical services for more than 55,000 residents of Humacao, Las Piedras and Naguabo, the agency stated. The funds […]
chat_bubble0 Comment
visibility2379 Views
Puerto Rico gets $5.1M federal allocation for tourism pandemic recovery
December 9, 2021
The US Department of Commerce has awarded Puerto Rico $5.1 million through the American Rescue Plan to “integrate tourism into distressed urban areas with activities that focus on local artists, cultural influences, and community involvement.” The funds are part of a global $196 million in American Rescue Plan State Travel, Tourism, and Outdoor Recreation grants to 24 […]
chat_bubble0 Comment
visibility1548 Views
Gov’t drops plan to seek P3 for Puerto Rico Aqueduct and Sewer Authority
December 7, 2021
The Public-Private Partnership Authority announced it will no longer seek a private-sector partner to optimize the Puerto Rico Aqueduct and Sewer Authority’s (PRASA) water consumption measurement system and the management of its commercial operation. This comes more than three years after the P3 Authority published a Request for Qualifications in June 2018 to identify of […]
chat_bubble0 Comment
visibility1882 Views
Puerto Rico to get $78M from EPA to repair water infrastructure
December 3, 2021
Puerto Rico will receive $78.4 million through the Bipartisan Infrastructure Law in 2022, which comes from the US Environmental Protection Agency’s State Revolving Fund (SRF) to upgrade aging water infrastructure and address key challenges like lead in drinking water and other contamination issues. EPA Administrator Michael S. Regan announced the round of funding that totals […]
chat_bubble0 Comment
visibility1614 Views
FEMA allocates $9.7M to revitalize Puerto Rico’s town squares
December 3, 2021
Luquillo, Fajardo and Naguabo are the most recent municipalities to join the more than 67 recreational plazas that will be transformed with a $9.7 million allocation from the Federal Emergency Management Agency (FEMA). This approval of federal funds will be used to repair damage caused by Hurricane María and will include hazard mitigation measures for […]
chat_bubble0 Comment
visibility1733 Views
Op-Ed: Success using ARPA funding
December 2, 2021
In Puerto Rico, we continue to set an example for other United States jurisdictions on how to respond to the COVID-19 pandemic. After leading the administration of CARES Act funding effectively, without findings, we are now doing the same with the American Rescue Plan Act (ARPA) funds. Among other financial allocations, ARPA represented a $2.47 […]
chat_bubble0 Comment
visibility2035 Views
Gov’t unveils plans for $118M Bahía Urbana project in Old San Juan
November 30, 2021
The Puerto Rico government announced the start of work to rebuild and develop the new Bahía Urbana through an agreement with the Convention District Authority, and a private investment of $118 million that will create more than 180 jobs during its construction and 250 once it is in operation. For this project, Las Brisas Property […]
chat_bubble0 Comment
visibility4528 Views
Puerto Rico employers have until Nov. 30 to request Christmas bonus payment exemption
November 29, 2021
Puerto Rico’s private-sector employers have until Nov. 30 to file a Christmas bonus payment exemption request for 2021, Labor Secretary Carlos J. Rivera-Santiago announced. So far, the agency has received 30 requests for exemption from payment of the Christmas Bonus, of which 21 were accepted, six were accepted at 15%, one was denied and two […]
chat_bubble0 Comment
visibility2140 Views
COR3 to support medical device, tourism sectors attract investment
November 25, 2021
As a result of a series of roundtables headed by the Central Office of Recovery, Reconstruction and Resiliency (COR3), its Executive Director Manuel Laboy signed two collaborative agreements with the medical devices and tourism sectors to provide data that allow the development of strategic marketing plans that promote investment in the island. “The reconstruction process […]
chat_bubble0 Comment
visibility2365 Views
Puerto Rico Gaming Commission opens e-bets licensing process
November 23, 2021
The Puerto Rico Gaming Commission has begun to receive applications from those interested in being online sports betting operators in Puerto Rico, agency Executive Director Orlando Rivera confirmed. Those interested in getting authorization to process bets through electronic platforms will find information on the procedure on the commission’s website, which includes the forms and documents […]
chat_bubble0 Comment
visibility3331 Views
USDA awards $3.4M to town of Toa Baja for rural infrastructure
November 22, 2021
The US Department of Agriculture has awarded the northern coastal town of Toa Baja nearly $3.4 million to build and improve critical community facilities through its Community Facilities Direct Loan and Grant Program, the agency announced. The agency awarded a global amount of $222 million in 44 states, Guam, Northern Mariana Island and Puerto Rico. […]
chat_bubble0 Comment
visibility1697 Views
Puerto Rico gets $5.3M to beef up law enforcement
November 19, 2021
Puerto Rico has been assigned $5.3 million to hire more law enforcement professionals and beef up security in five towns, W. Stephen Muldrow, US Attorney for the District of Puerto Rico, announced. The allocation is included in a global $139 million in grant funding through the US Department of Justice’s Office of Community Oriented Policing […]
chat_bubble0 Comment
visibility1857 Views
FEMA approves $142M+ for Puerto Rico schools affected by earthquakes
November 18, 2021
The Federal Emergency Management Agency (FEMA) allocated more than $24.4 million during October and November to repair and reinforce several schools in Puerto Rico’s southern and western regions that experienced structural damage caused by the 2020 earthquakes. To date, more than $142 million has been obligated to the Puerto Rico Education Department for 115 permanent […]
chat_bubble0 Comment
visibility2394 Views
San Juan municipal gov’t to invest $3.2M to revitalize 50 communities
November 15, 2021
With an investment of $3.2 million, the municipality of San Juan will begin the reconstruction of more than 60 sports facilities and parks in 50 communities of the Capital City, San Juan Mayor Miguel Romero said. Romero said the project’s financing will be split between a $2.4 million allocation from the Federal Emergency Management Agency’s […]
chat_bubble0 Comment
visibility1132 Views
Puerto Rico towns given access to $150M federal funds program
November 10, 2021
The Coronavirus Local Fiscal Recovery Fund, a $150 million pool of funds assigned through the American Rescue Plan Act (ARPA) of 2021, is officially open for all 78 Puerto Rico mayors who may dip into it upon signing an agreement with the Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish), Gov. Pedro Pierluisi announced. […]
chat_bubble0 Comment
visibility1768 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA