The municipal government of the town of Carolina announced the start of construction of a new, $12.7 million medical tower that will incorporate retail spaces and a multi-level parking facility. The new six-floor building will provide support to the Doctors’ Center Hospital San Fernando de la Carolina in the town’s urban center, Mayor José Carlos […]
The U.S. Department of Agriculture’s Rural Development office in Puerto Rico has partnered with the Puerto Rico Housing Finance Authority to help low-or moderate-income families become homeowners. In a news release, Josué E. Rivera, USDA Rural Development Director for Puerto Rico and José J. Hernández Caraballo, deputy director of the Puerto Rico Housing Financing Authority, […]
The U.S. House Judiciary Committee approved legislation authored by Rep. Nydia M. Velázquez (D-NY) aimed at extending to firms working on Puerto Rico’s debt restructuring the same disclosure requirements that apply to companies involved in other bankruptcies. The bill, H.R. 683, is meant to address instances where companies consulting for Financial Oversight and Management Board for Puerto […]
The Department of Economic Development and Commerce (DDEC, in Spanish) announced the completion of the Request for Qualifications application process to develop the proposed $300 million Puerto Rico Ocean Technology Complex (PROTech) in Yabucoa. As a result, three companies — WSP USA Building, Inc./Marvel Marchand, Agru America, and Energy Center Cajuhu, LLC — have been […]
By Vanessa Colón-AlmenasCenter for Investigative Journalism Of the $20.2 billion recovery funds allocation granted after Hurricane María through the Community Development Block Grant Disaster Recovery program (CDBG-DR), Puerto Rico has been approved to use only 16%, or, $3.2 billion. Of the money available, the government had used a mere 2%, as of June 30, the […]
The Puerto Rico Department of Labor announced the launch of a new online Pandemic Unemployment Assistance platform — known as FastPUA — to expedite claims, by working in tandem with the Puerto Rico Treasury Department, which will share taxpayer information. The Labor Department began testing the platform last week, during which some 5,749 claimants accessed […]
The Federal Emergency Management Agency announced the appointment of José G. Baquero as the Federal Disaster Recovery Coordinator for disaster recovery operations in Puerto Rico and the U.S. Virgin Islands. Baquero will permanently lead disaster recovery coordination and collaboration between the federal interagency and the government of Puerto Rico, the private sector and voluntary, faith-based […]
The Puerto Rico Aqueduct and Sewer Authority announced it has received approval to receive up to $163 million for 28 capital improvement projects through a loan agreement with the Department of Natural and Environmental Resources and the Infrastructure Financing Authority’s State Revolving Fund (SRF). The projects include improvements for sanitary infrastructure in the municipalities of […]
Gov. Wanda Vázquez has signed Senate Bill 1649 to amend the Puerto Rico Government Accounting Act to allow the use of electronic documents in the billing, processing and payment of a government obligation. This measure is consistent with the approval and implementation of the laws on the evolution of new information technologies and telecommunications, which […]
The U.S. Department of Commerce’s Economic Development Administration is awarding a $547,705 CARES Act Recovery Assistance grant to the Autonomous Municipality of Caguas, the federal agency’s Secretary Wilbur Ross announced. The funding will capitalize and administer a Revolving Loan Fund (RLF) that will provide “critical gap financing to small businesses and entrepreneurs adversely affected by […]
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced the seizure of 186 counterfeit pieces of designer jewelry, 152 counterfeit Apple phone cases, 65 counterfeit Apple Airpods cases, 111 counterfeit Louis Vuitton Airpods cases, and 40 counterfeit Gucci Airpods cases inside 2 parcels imported to Puerto Rico from Hong Kong via air courier. […]
The U.S. Department of Agriculture is investing $600,494 to assist rural businesses to create job and increase economic opportunities in Puerto Rico, the agency confirmed. The funds are being provided by USDA, Rural Development, through the Rural Business Development Grant (RBDG). “These grants are strategic investments in nonprofits entities that support rural businesses and they […]
The U.S. Department of Veterans Affairs will break ground later this year on what will be a new Mental Health and Recovery Center in Hato Rey, at a cost of $46.6 million. The facility is slated to open in November 2022, this media outlet confirmed. The facility will be part of a mixed-use complex planned […]
The Federal Emergency Management Agency announced the assignment of some $7.7 million for the Puerto Rico Forensic Science Institute, known as the ICF in Spanish. This grant will cover work to repair damage to the only expert research center of its kind on the island and aims to improve the building’s capabilities in future events. […]
The U.S. Department of Housing and Urban Development announced the disbursement of $5.4 million in CARES Act funding to help low income families during the coronavirus pandemic. The assignment is part of a global disbursement of $472 million in funding that can be used by public housing authorities to help families assisted by Housing Choice […]
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