Allocations were made to facilities in the towns of Guayama, Barranquitas and Dorado. #NewsismyBusiness
Federal funds allocated to strengthen infrastructure in Barranquitas, Jayuya, San Sebastián and Villalba. #NewsismyBusiness
The three alternate projects adapt to the needs of those communities. #NewsismyBusiness
FEMA granted funds to boost the economic and social development of those areas. #NewsismyBusiness
A young couple from Barranquitas invested more than $125,000 and launched Luna Escondida, a unique conceptual accommodation in the mountains of Puerto Rico. The property, located in the central town, is characterized by the presence of elements related to the moon, the natural environment that surrounds it, and the prominence of the black color in […]
The US Environmental Protection Agency (EPA) announced that three municipalities in Puerto Rico have been selected to receive a total of $900,000 to assess and clean up contaminated properties under the agency’s Brownfields Program. The towns of Barranquitas, Guaynabo and Vega Alta will equally split the money assigned to Puerto Rico. Nationwide, 151 communities will […]
“In an economic context where Puerto Rico is experiencing a clear slowdown and where key sectors like construction are struggling to find workers, cutting the [Earned Income Tax Credit (EITC)] will discourage participation in the formal economy and hinder our economic growth.
In an environment where federal funds are decreasing, adding local austerity through EITC cuts could not only cause our labor force participation rate to drop again, but also force local businesses to absorb much of the reduction if they want to maintain the current incentives for formal employment and prevent part of their workforce from returning to the informal sector.”
— Daniel Santamaría-Ots, co-executive director, Espacios Abiertos
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