Puerto Rico Gov. Wanda Vázquez signed Ley 57-2020, known as the “Complementary Law to Address the Effects of the COVID-19 Emergency on the Puerto Rican Economy” — a second package of economic measures that are part of the government’s plan to reactivate the economy, support businesses and protect workers. On Sunday, she penned into law […]
Puerto Rico will receive more than $22.2M in U.S. Housing and Urban Development Emergency Solutions Grants targeted toward communities with high homeless populations or individuals at risk of becoming homeless. The assignment is part of a global allocation of $2.96 billion to also help individuals at risk of becoming homeless because of hardships such as […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the allocation of more than $30.4 million in funds for 71 projects related to the recovery and reconstruction of Puerto Rico due to Hurricane María. These funds were obligated between May 29 and June 4, the federal and […]
The Entrepreneur Challenge — an initiative headed by the Department of Economic Development and Commerce’s Youth Development Program — has entered its second phase, during which it will select 10 participants to present their business proposals, the agency confirmed. “After launching the challenge for the second consecutive year in February, 280 young people stepped forward […]
Through a collaborative effort for the benefit of the community, the Federal Emergency Management Agency has joined the Polytechnic University of Puerto Rico with the municipality of Loíza to begin the initial phase of building a new Emergency Operations Center. The academic institution will donate the plans for the design of the structure located in […]
Effective today, the Puerto Rico Treasury Department will open a link through the Unified Internal Revenue System (SURI, in Spanish), so that eligible small and medium businesses can apply for the second round of financial aid approved under the CARES Act. Treasury Secretary Francisco Parés said the approved incentives for small and medium-sized businesses will […]
The U.S. Department of Justice announced it is awarding a combined $4.9 million to six Puerto Rico towns to hire a total of 75 full-time law enforcement professionals, the agency announced. The funding is part of a global $400 million assignment through the agency’s Office of Community Oriented Policing Services (COPS Office) COPS Hiring Program […]
The government has authorized $49.5 million in funding to assist Puerto Rico’s private hospitals reimburse expenses related to the COVID-19 emergency. Gov. Wanda Vázquez said the funding comes from the Private Hospital Assistance Program, included in the Strategic Disbursement Plan under the CARES Act. “We recognize the challenges that our hospital institutions have had due […]
The Department of Transportation and Public Works (DTOP, in Spanish) announced an initiative to help residents who need current documents for emergency travel, medical treatments, vehicle exports, among others, during the shutdown of the government’s Driver Service Centers (CESCO, in Spanish). The special procedure will allow CESCO staff, “who have been provided with the necessary […]
Starting today, the Puerto Rico Labor Department is moving its “drive-up” unemployment benefits document drop-off service to the Puerto Rico Convention Center in the Miramar sector of San Juan, agency Secretary Briseida Torres said. “Given the reopening of business activity and the need to provide a more efficient service to applicants, we decided to move […]
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program to be lent exclusively by Community Development Financial Institutions (CDFIs). CDFIs work to expand economic opportunity in low-income communities by providing access to financial products and […]
Communications systems used to handle emergencies on the island as well as several Puerto Rico Police buildings will benefit from more than $1.6 million in grants awarded under the Federal Emergency Management Agency’s Public Assistance program, the agency announced. The funds will help those in uniform to continue providing vital safety services to communities, it […]
The Puerto Rico Labor Department has disbursed nearly $727 million in unemployment benefits to more than 210,000 beneficiaries since April 1, agency Secretary Briseida Torres said. She said $569 million have been disbursed from the regular Unemployment Insurance Program in the past two months, including federal supplementary aid approved by the CARES Act, since April […]
The Puerto Rico Treasury Department has begun the second phase of the Economic Impact plan, which calls for sending $1,200 to taxpayers who filed their 2018 returns. Those deposits follow the disbursements to taxpayers who filed their returns for 2019, and provided their banking information to the agency. On Tuesday, the agency disbursed nearly $48 […]
U.S. Department of Housing and Urban Development Secretary Ben Carson announced the assignment of $241,205 to Puerto Rico, as part of nearly $77 million nationwide in a fourth wave of CARES Act funding supporting up to 8,300 additional vouchers. Funding for the island will benefit the Puerto Rico Public Housing Administration ($140,143), the Municipality of […]
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