Looming legislative changes to Puerto Rico real estate discussed in new NimB podcast
October 26, 2023
Realtors Association president delves into licensing and affordable housing bills. #NewsimyBusiness
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Med Centro to expand services in Coamo with $20M health center
October 10, 2023
The investment will be used for the construction of a facility that improves health care access in southern Puerto Rico. #NewsismyBusiness
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Puerto Rico is short 40,000 workers for post-hurricane reconstruction
August 24, 2023
Island officials discuss challenges and plans to double the workforce. #NewsismyBusiness
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Huertas College offers free construction project supervision course
August 24, 2023
Once the 10-week course is completed, students will receive a certification that allows supervising projects both in Puerto Rico and the mainland U.S. #NewsismyBusiness
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Banco Popular grants $40.5M construction loan for Yabucoa housing complex
July 13, 2023
The units are all for rental to families who qualify under the income limit of 60% of the area’s median income. #NewsismyBusiness
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Housing Finance Authority grants $29M for Cataño apartment building
June 28, 2023
Bahía Apartments is a 12-story apartment building with 104 apartments and many amenities. #NewsismyBusiness
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EDB assigns $20M to help construction industry obtain federal refunds
April 12, 2023
‘Impulso a Tu Negocio’ program funds will provide working capital credit lines.
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Incoming AGC-P.R. president to focus on expanding construction workforce
January 18, 2023
Engineer Rodríguez to be sworn in Feb. 3, and proposes President Biden issue an order aimed at helping create some 20,000 jobs in Puerto Rico.
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Popular to build new $300M corporate campus in Hato Rey
May 4, 2022
The project will be financed through a capital investment made by Banco Popular.
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COR3 launches tool that will group reconstruction project bids
March 10, 2022
With this initiative, construction industry workers and contractors will be able to see the processes and be able to compete.
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Pontifical Catholic University makes $57.5M in infrastructure investments
December 9, 2021
The Pontifical Catholic University is embarking on a three-year development plan at three of its campuses that will entail a $57.5 million investment, school officials announced. The modernization of multiple structures, new technologies and the construction of a building that will house innovative science laboratories are elements of the project. The funding for the more […]
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Contractors Bermúdez, Longo recognized for ‘diversity, inclusion’ practices
September 15, 2021
The firm of electrical, mechanical and telecommunications infrastructure contractors, Bermúdez, Longo, Diaz-Massó (BLDM) received the “Diversity and Inclusion” award — one of the main recognitions granted by the Association of General Contractors in recent annual convention —for its efforts to include women and minorities into the construction industry workforce. BLDM, a local firm on its […]
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Puerto Rico’s construction industry facing challenges in recovery process
June 24, 2021
The island’s construction industy continues to face challenges that could affect reconstruction efforts and the government’s ability to maximize the potential of federal funds available for repairs related to the 2017 hurricanes and 2020 earthquakes. Umberto Donato, president of the Puerto Rico Chapter of the Associated General Contractors of America (AGCPR), said during the group’s […]
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Habitat for Humanity offers construction training through Habitat Builds Puerto Rico
April 29, 2021
Habitat for Humanity of Puerto Rico announced the launch of “Habitat Builds Puerto Rico,” a five-and-a-half-week construction skills training “bootcamp” designed to prepare men and women to work in the growing construction industry in Puerto Rico. Applications are currently being accepted. Courses are offered free-of-charge to those who qualify based on their income and their interest […]
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PathStone offers training, stipends and jobs to young people from Loíza
September 24, 2020
PathStone will recruit 15 young people from the town of Loíza to support them and provide them with the necessary resources to finish high school, train in the construction sector and start generating income from a job. Those who successfully complete the program will receive a $2,500 stipend. Interested participants must be between 18 and […]
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