Puerto Rico Housing Secretary William Rodríguez signed three subrecipient agreements granting $7.1 million from the Community Development Block Grant (CDBG-DR) Program funds to be distributed to three entities through the Small Business Incubators and Accelerators Program (SBIA). The grant recipients are the Boys and Girls Club of Puerto Rico, the University of Puerto Rico’s Mayagüez […]
The Puerto Rico Housing Department announced the start of the construction of Hogar Manuel Mediavilla Negrón III, a $25.6 million project of new and accessible housing for the elderly in the northeastern town of Humacao. The project’s financing includes $8.6 million in federal funds from the CDBG-DR Gap Program for Low Income Housing Tax Credits, […]
Puerto Rico Housing Department Secretary William Rodríguez announced that the Community Development Block Grant (CDBG) Program has allocated $800 million to the Investment Portfolio for Growth (IPG) initiative “to alleviate the exacerbated economic effects of the hurricanes through large-scale development projects.” As a preliminary process for the IPG Program, interested entities are asked to submit […]