Guidelines to use $750M revolving reconstruction fund approved
March 26, 2021
Government officials announced the approval of the guidelines required to use $750 million in revolving funds, to move forward on permanent work projects under the Public Assistance Program of the Federal Emergency Management Agency (FEMA). AAFAF Executive Director Omar J. Marrero, and the Central Office of Recovery, Reconstruction and Resiliency (COR3, in Spanish) Executive Director […]
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Housing Dept. signs agreements granting $7.1M to 3 small business incubators
March 25, 2021
Puerto Rico Housing Secretary William Rodríguez signed three subrecipient agreements granting $7.1 million from the Community Development Block Grant (CDBG-DR) Program funds to be distributed to three entities through the Small Business Incubators and Accelerators Program (SBIA). The grant recipients are the Boys and Girls Club of Puerto Rico, the University of Puerto Rico’s Mayagüez […]
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FEMA OKs $6.5M for repairs to Puerto Rico Coliseum, Bahía Urbana
March 25, 2021
The José Miguel Agrelot Coliseum and Bahía Urbana, two venues in San Juan dedicated to promoting the arts and entertainment sector, received a combined $6.5 million from the Federal Emergency Management Agency (FEMA) to return them to how they were before Hurricane María hit. The federal funds will help the facilities be better prepared to […]
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Pierluisi testifies in support of ‘Build Back Better Plan’ before US House Committee
March 25, 2021
Gov. Pedro Pierluisi testified before the US House Committee on Natural Resources and discussed President Biden’s Build Back Better Plan, an infrastructure plan to transform the economy and provide relief to working families. Specifically, the plan will provide assistance to Puerto Rico by supporting a full recovery, a reconstruction of the infrastructure, providing economic development […]
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Puerto Rico Treasury Dept. announces new tax return filing deadline
March 24, 2021
The Puerto Rico Treasury Department confirmed that the new filing date for individual and corporate returns corresponding to the 2020 tax year will be extended to May 17, 2021, from April 15, 2021. In an Administrative Determination released Tuesday, the agency confirmed that it is juggling several events in the midst of COVID-19. “Our staff […]
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San Juan unveils Capital Entrepreneurship Program to boost urban business activity
March 23, 2021
San Juan Mayor Miguel Romero unveiled details of the newly created Capital Entrepreneurship Program, through which the municipality seek to help create and expand local business in Río Piedras, Santurce, Condado and Old San Juan through incentives. The initiative will establish agreements with private businesses to support existing merchants and incentivize new entrepreneurs, he said […]
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Puerto Rico Air Cargo Committee asks federal gov’t for help on air cargo hub
March 22, 2021
The members of the Puerto Rico Air Cargo Committee recently asked the US Government Accountability Office for support of the island’s bid to promote the development of the two-year air cargo transshipment exemption granted by the US Department of Transportation. The federal agency granted a waiver to allow foreign air carriers to provide certain expanded […]
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Housing Dept. breaks ground on $25.6M elderly housing complex in Humacao
March 19, 2021
The Puerto Rico Housing Department announced the start of the construction of Hogar Manuel Mediavilla Negrón III, a $25.6 million project of new and accessible housing for the elderly in the northeastern town of Humacao. The project’s financing includes $8.6 million in federal funds from the CDBG-DR Gap Program for Low Income Housing Tax Credits, […]
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Employers can report employees getting jobless benefits and refuse to return to work
March 17, 2021
The heads of two Puerto Rico government agencies announced the availability of a website through which employers can blow the whistle on employees who refuse to return to their posts because they are receiving jobless benefits. In a press conference, the secretaries of the Department of Economic Development and Commerce and the Department of Labor […]
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Espacios Abiertos presents 4 proposals for an open government in Puerto Rico
March 17, 2021
On the occasion of the celebration of Sunshine Week, nonprofit organization Espacios Abiertos urged the leadership of the three branches of government to adopt four “open government proposals” to achieve a “fairer and equitable” Puerto Rico. The proposals call for: amending the Transparency and Open Data laws; adopting an “Open Checkbook” program; creating the public […]
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Consumer Affairs issues order easing restrictions for condo residents
March 15, 2021
The Puerto Rico Department of Consumer Affairs issued an order to ease certain conditions that have been in effect for condominium residents in line with COVID-19 restrictions, agency Secretary Edan Rivera said. Order 2021-002, which goes into effect today, allows holding in-person meetings and the opening of recreational areas. “Our priority is to establish safeguards […]
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Treasury Dept. submits to IRS distribution plan for $1,400 incentive
March 12, 2021
Treasury Secretary Francisco Parés submitted Thursday to the Internal Revenue Service (IRS) and the US Department of the Treasury, the plan to distribute the new $1,400 economic stimulus signed by President Joe Biden, which could reach $3.5 billion and benefit some 2.6 million people. “With the rescue plan converted into law and at the urging […]
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FEMA awards $4.1M to create EcoExploratorio Resiliency Institute
March 11, 2021
To support efforts on the island aimed at raising awareness of the importance of hazard mitigation, the Federal Emergency Management Agency (FEMA) awarded a $4.1 million grant to the EcoExploratorio Resiliency Institute (ERI). This center in Puerto Rico will provide guidance on resilience and other mitigation topics to the public. The funds are provided by […]
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PRIDCO has 152 vacant buildings, 378 unused lots in inventory
March 9, 2021
The Puerto Rico Industrial Development Company (known as PRIDCO) has an inventory of more than 500 lots and properties currently vacant across the island, this media outlet confirmed. When broken down, the inventory includes 152 vacant properties with a combined capacity of more than 2.4 million square feet, and 378 unused lots spanning a combined […]
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P3 Authority confirms 2 new projects in pipeline
March 9, 2021
Puerto Rico’s P3 Authority unveiled two new projects that are in the evaluation phase, involving the island’s Treasury Department and government-run regional airports. During a presentation to the media, P3 Authority Executive Director Fermín Fontanés said the Treasury Department is seeking to modernize and optimize the agency’s collection processes, taxpayer services and its call center. […]
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