Despite the allocation of federal funds that exceed $62 billion, Puerto Rico’s recovery has faced multiple delays, and because a large portion of reconstruction projects are delegated to contractors, nonprofit Sembrando Sentido carried out a study on public contracting processes with Community Development Block Grant (CDBG-DR) funds, to identify the causes of the delays, their impact, and […]
Owners of small and medium-sized businesses in Puerto Rico that were affected by Hurricanes Irma and María in 2017 may continue applying for help available through the Small Business Financing Program, under the Community Development Block Grant (CDBG) Program. Puerto Rico Housing Department Secretary William Rodriguez, said so far, the program has disbursed $24.5 million […]
The US Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the US Virgin Islands. The publication of this notice is the latest in a series […]
The Puerto Rico Economic Development Bank recently distributed $764,593 among four towns to retain a total of 800 direct and indirect jobs, the agency announced. EDB President Luis Alemañy confirmed that funding has been awarded to the municipalities of Lajas, Añasco, Moca and Yauco. This, as part of the Small Business Financing program managed by […]
The Municipality of San Juan will receive $20.8 million from the Community Development Block Grant (CDBG-DR) City Revitalization Program for the restoration of infrastructure in areas still affected by the 2017 hurricanes. The funding is part of a sub-recipient agreement signed between San Juan Mayor Miguel Romero-Lugo and Puerto Rico Housing Department Secretary William Rodríguez-Rodríguez, […]
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 […]
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