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 […]
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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. […]
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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 […]
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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 […]
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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 […]
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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. […]
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USDA grants $421K for economic dev’t in towns of Barceloneta, Naguabo
November 9, 2021
The US Department of Agriculture is awarding $421,295 to the towns of Barceloneta and Naguabo, to provide placemaking and planning assistance to help improve social, cultural, and economic structures for people living in rural communities. The agency is making the awards under its Rural Placemaking Innovation Challenge (RPIC) and in Puerto Rico, it partnered with […]
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PRASA opens bid for 11 infrastructure projects worth $176M
November 8, 2021
The Puerto Rico Aqueduct and Sewer Authority (PRASA) will open bids for 11 infrastructure projects in December, whose total investment approaches $176 million, government officials said. The list of projects includes improvements to the raw water intake located in the Río Grande de Añasco, the completion of the rehabilitation of the Cidra dam, the design […]
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Vieques Sustainable Economic Dev’t Council presents multi-action plan
November 4, 2021
The Vieques Sustainable Economic Development Council — created earlier this year to move the economy of the island municipality forward — presented to Gov. Pedro Pierluisi a multi-strategy plan to develop tourism, jobs, improve transportation, health, infrastructure, energy, security, education, and special projects. One of the steps taken by the Council is to recommend that […]
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Puerto Rico Treasury seizes 136 investment accounts in brokerage houses
October 29, 2021
The Puerto Rico Treasury Department confirmed the seizure of 136 investment accounts in local and US brokerages held by delinquent taxpayers, amounting to more than $3 million. Agency Secretary Francisco Parés said the figure includes interest, surcharges, penalties, and garnishment costs. “This action coordinated by the agency’s Revenue Bureau stemmed from the failure of taxpayers […]
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Puerto Rico Treasury: General Fund net income for July, Aug. exceed projections by $177M
October 20, 2021
Net income that flowed into the Commonwealth’s General Fund for July and August reached $801.1 million and $675 million, respectively, for a total of about $1.5 billion, which exceeded collections projections by $176.9 million, Puerto Rico Treasury Secretary Francisco Parés said. Income tax collections for individuals and corporations exceeded the projection by $51.2 million or […]
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Labor Dept. reminds employers about Christmas bonus exemption rules
October 19, 2021
The Department of Labor and Human Resources informed employers that they have until Dec. 15, 2021, to pay the bonus to private sector workers who are entitled to it, according to Puerto Rico laws. Employers looking to be exempted from paying the bonus to their employees, because they suffered economic losses or received earnings that […]
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USDA awards $358K to 8 rural water infrastructure projects in Puerto Rico
October 15, 2021
The US Department of Agriculture has awarded grants totaling $358,000 to develop eight rural community water projects across Puerto Rico that were crippled by Hurricane María in 2017. The funding is part of a global $272 million the agency will distribute across the US mainland and Puerto Rico under its Water and Waste Disposal loan […]
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COR3 makes 1st disbursement of $7.1M for PREPA reconstruction projects
October 15, 2021
The Central Office of Recovery, Reconstruction and Resiliency (COR3) announced the first disbursement of approximately $7.1 million to the Puerto Rico Electric Power Authority for work related to reconstruction projects. “The approval of the Advance Request, presented by PREPA to COR3 and whose millionaire amount was disbursed to cover expenses incurred and projected for the […]
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FEMA approves $26.2M to rebuild Félix Millán stadium in Yabucoa
October 15, 2021
The Federal Emergency Management Agency (FEMA) announced it has awarded nearly $26.2 million to the municipality of Yabucoa to rebuild the Félix “Nacho” Millán baseball stadium. This obligation is an addition to the more than $41 million that has been allocated to the municipality to date for 61 other permanent work projects. “This obligation marks […]
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