The head of the Homebuilders Association, Roberto Trápaga, warned Wednesday that funds that fuel the successful “Mi Casa Propia,” a government assistance program that provides mortgage assistance to working people with limited resources, are practically tapped out.
Puerto Rican sister companies Apple Caribe Inc. and Famous Caribe Inc., operators of the Applebee’s and Famous Dave’s chains, respectively, will create a total of 460 full-time jobs supported by the incentives provided through the Jobs Now Act passed by the current administration a year ago.
Puerto Rico Trade and Export rolled out an initiative Wednesday to spur community economic development that is split into two programs: a Microenterprise Development Incubator and an Economic Incentive to Community Microenterprises, said agency Executive Director Francisco Chévere.