To date, the FEMA Public Assistance program has obligated more than $3.4 billion in total funding to the government of Puerto Rico and municipalities, the federal agency stated.
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Puerto Rico Trade and Export Company.
The Federal Reserve Bank of New York vowed to continue to work closely with financial institutions to help take full advantage of the Community Reinvestment Act.