The head of the Homebuilders Association, Roberto Trápaga, warned Wednesday that funds that fuel the successful “Mi Casa Propia,” a government assistance program that provides mortgage assistance to working people with limited resources, are practically tapped out.
A trio of public and private sector development projects — a housing development, a new connector road and office complexes, apartments, and additional stores — are in the pipeline for the town of Guaynabo at a cost of $350 million, Gov. Alejandro García-Padilla announced Wednesday.
Gov. Alejandro García-Padilla signed an executive order Wednesday establishing a nine-member construction industry advisory board, at the behest of the sector, which seeks to work with the government to improve conditions to do business in Puerto Rico.
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