More than $870 million in federal funds has been provided to Puerto Rico survivors of Hurricanes Irma and María, the Federal Emergency Management Agency said.
More than half, or 57 percent of Puerto Rico’s bank branches islandwide are offering services, Puerto Rico Bankers Association Executive VP Zoimé Álvarez-Rubio said.
In response to the severe and extensive damage caused by Hurricanes Harvey, Irma and María, the Federal Home Loan Bank of New York ("FHLBNY") has made $1 billion in disaster relief funding available to its members to help rebuild communities in FEMA-designated disaster areas in Puerto Rico, the U.S. Virgin Islands, Florida, Texas and the Southeast.