New York Fed: Building the CDFI sector in Puerto Rico
April 9, 2024
The Teller Window, a publication from the New York Fed, highlights the increase to 86 cooperativas now certified as CDFIs. #NewsismyBusiness
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Puerto Rico’s Army Terminal pier to receive $85.3M overhaul
March 27, 2024
The revamp, aimed at enhancing resilience, is backed by a CDBG-MIT grant. #NewsismyBusiness
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FirstBank grants $21.5M in financing for Vista al Norte project in Guaynabo
February 22, 2024
Vista al Norte is condominium for low-income renters that will consist of 102 single-family units. #NewsismyBusiness
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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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Puerto Rico Housing Finance Authority launches HBA status platform
August 22, 2023
Puerto Rico residents can now track their Homebuyer Assistance Program applications online. #NewsismyBusiness
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Puerto Rico Realtor memberships surge amid stateside declines
August 16, 2023
The National Association of Realtors' July 2023 report reveals diverse trends. #NewsismyBusiness
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Foundation for Puerto Rico explores AI solutions to housing crisis
July 31, 2023
Hosts panel discussion on AI's role in addressing challenges like obtaining updated data. #NewsismyBusiness
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2nd phase of solar panel install subsidy program starts Aug. 10
July 14, 2023
Funded by federal disaster mitigation funds, the initiative offers middle-income families financial aid to purchase a solar panel system. #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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Study: STRs not to blame for Puerto Rico’s housing affordability challenges
May 15, 2023
In the study, Foundation for Puerto Rico covered the factors impacting housing and rent prices on the island, examining several causes. #NewsismyBusiness
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70+ communities participate in Foundation for Puerto Rico-sponsored workshop
May 9, 2023
Community leaders, municipalities, nonprofits and other entities collaborated in creating community resilience plans as part of the WCRP program. #NewsismyBusiness
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Housing Dept. to install solar panels at Zorzal Apartments in San Juan
March 1, 2023
The improvements to the multifamily complex will provide a safe place for the formerly homeless to live and receive the services they require.
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$23M mixed-age adult housing complex breaks ground in Mayagüez
November 2, 2022
The project should be completed by 2024.
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USDA opens application cycle to rehab, preserve multifamily and farmworker housing
March 16, 2022
Electronic applications must be submitted by 5 p.m. on May 16, 2022.
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$135M Emerald Vista mixed-use complex opens in Caguas
December 13, 2021
National housing and urban renewal developer, McCormack Baron Salazar, and the Puerto Rico Department of Housing welcomed a group of leaders, including the Governor of Puerto Rico, community members, and the media to the grand opening of the new mixed-income apartment community, Emerald Vista. With an investment of about $135 million and the first multifamily […]
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