Kansas City-based Burns & McDonnell has been awarded a contract for program management services to support the Puerto Rico Electric Power Authority (PREPA) with the revitalization of Puerto Rico’s electrical grid. The financial terms of the agreement were not disclosed. The work will be primarily funded by the Federal Emergency Management Agency (FEMA) and Community […]
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 […]
Triple-S Propiedad has paid a total of $692 million in claims related to Hurricane María in the past two years for a total number of claims of 17,746. It has closed approximately 96% of those claims, while 709 remain open, company CEO Roberto García-Rodríguez confirmed as part of the release of its third quarter results. […]
Federal Communications Commission Chairman Ajit Pai circulated a draft Order to his fellow commissioners that would provide approximately $950 million in funding to “storm-harden, improve, and expand” broadband networks in Puerto Rico and the U.S. Virgin Islands, which were devastated by Hurricanes Irma and María in 2017. This is the second round of funding under […]
As the second anniversary of Hurricane María approaches, Ford Motor Company Fund — the company’s philanthropic arm — and HEART 9/11’s team of first responders are collaborating with actor, director and philanthropist Bryan Cranston in rebuilding initiatives in Puerto Rico, the automaker announced. Ford recently donated two Ford F-150s to support HEART 9/11’s response and […]
The Intercontinental San Juan, one of Isla Verde’s iconic hotel properties, is undergoing a multi-million-dollar renovation — the first in 20 years, this media outlet confirmed. Although the amount of the investment was not disclosed, it is estimated at close to $80 million. Christine May, public relations and marketing consultant for IHG, owners of the […]
“I saw the future …. It’s wooooooonderful..there are no [Puerto Ricans]” this is a direct quote found in the leaked chats (#RickyLeaks) between the person who served as governor of Puerto Rico and his closest collaborators. This improper comment caught my attention due to the demography that underlies what this person claimed to have seen. […]
Twenty-five Puerto Rican healthcare nonprofits are set to receive a much-needed $8 million cash infusion from Direct Relief, the largest private, nongovernmental provider of health resources to Puerto Rico since Hurricane María. Recipients of the $8 million in grants will be announced Aug. 7, at La Ciudad de la Salud y Bienestar, a Direct Relief-sponsored event […]
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