The Federal Emergency Management Agency (FEMA) announced it has approved some $25.6 billion in federal funds for more than 8,000 recovery projects associated with the damages Hurricane María caused in Puerto Rico in 2017. The total projects with funds allocated so far includes debris removal and emergency protection measures granted at the beginning of the […]
The US Government Accountability Office released a report in which it concluded that the Federal Communications Commission (FCC) did its part in the restoration work after Hurricane María hit Puerto Rico in 2017, but it must clearly define its disaster response role moving forward. The FCC’s part included gathering network outage information and creating a […]
The Caguas municipal government has locked down a $19.2 million non-revolving line of credit from Banco Popular to finance expenses related to the recovery projects related to the damages caused by Hurricane María in 2017. Caguas Mayor William Miranda-Torres confirmed that the town’s administration approved an ordinance authorizing the financing. The town will use the […]
The Center for a New Economy (CNE) published a policy brief on the resources assigned to Puerto Rico by the federal government for reconstruction and recovery after Hurricane María, up to March 31, 2021 and called for a wider discussion of how these funds will be used. “Obligating and spending the federal funding assigned for […]
Puerto Rico Gov. Pedro Pierluisi and U.S. Secretary of Housing and Urban Development (HUD), Marcia L. Fudge on Tuesday discussed the island’s access to disaster relief funding, underscoring their commitment to continue accelerating Puerto Rico’s recovery. Last week, HUD announced the obligation of $8.2 billion in Community Development Block Grant Mitigation (CDBG-MIT) funds, along with […]
On March 4, One Stop Career Center of Puerto Rico recently began the rehabilitation of eight homes in the Playa community, in Salinas, affected by Hurricanes Irma and María as a result of a philanthropic investment of $140,000 from the Puerto Rico Community Foundation. Most of the homes to benefit are made of wood and […]
Faced with the challenges of the 2020 Hurricane Season, along with the earthquakes and the COVID-19 pandemic, the the Puerto Rico Public Health Trust’s Hurricane Hub program unveiled several initiatives for prevention, preparedness and response in what is predicted to be an active cyclonic season. Part of these initiatives includes the launch of the Virtual […]
SG Residential, the licensee of container-based structure designer and fabricator SG Blocks Inc., announced it plans to launch construction of two projects in Puerto Rico to help address the housing crisis following Hurricane María in 2017. SG Residential has acquired a development site in Guayama, where it expects by the end of the first quarter […]
The Federal Emergency Management Agency and the Central Office for recovery, Reconstruction and Resilience, or COR3, obligated more than $44 million for recovery efforts related to Hurricane María. Among the nine projects that were obligated are those for the Puerto Rico Department of Transportation and Public Works (DTOP, in Spanish), the University of Puerto Rico […]
The lack of progress in getting Puerto Rico’s economy back on track does not bode well for what should happen in 2020, according to an analysis by H. Calero Consulting Group Inc. “The economy needs to grow soon, or the assumptions made in negotiating with bondholders may have to be revisited. Something everyone will want […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have obligated nearly $7.5 million in additional funds for 78 projects related to the recovery and reconstruction of Puerto Rico, the agencies announced. These funds were obligated from Dec. 13-19. Among the obligations are funds for architectural and engineering […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, have obligated nearly $59 million in additional funds for 60 projects related to the recovery and reconstruction of Puerto Rico. These funds were obligated between Nov. 25 and Dec. 5, the agencies confirmed. “FEMA and COR3 continue to work […]
Puerto Rico has been assigned $277.8 million from the U.S. Department of Housing and Urban Development, pushing to $20.2 million the island has received in long-term disaster recovery support. The agency announced the allocation of more than $2.3 billion to support hard-hit areas in 15 states, Puerto Rico, the U.S. Virgin Islands, American Samoa and […]
The Puerto Rico Housing and Human Development Trust (FIDEVI, for its initials in Spanish) announced the granting of $102,000 in funds for rehabilitation and reconstruction projects to various nonprofit entities that address affordable and accessible housing needs for vulnerable and very low-income populations. The funds awarded will be allocated to three projects initially, including: Worthy […]
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