As part of an initiative to promote the development of micro-enterprises and self-employment among Puerto Rico’s low-income residents, the Economic Development Bank has partnered with the Puerto Rico Microfinances Corp., known as Microfinanzas PR, to establish a case referral system between the institutions.
The U.S. Department of Agriculture announced Wednesday it is accepting applications for loans and grants to support community development projects, kick-start business expansion and create jobs.
Some 10,000 low- and moderate-income families residing in Puerto Rico stand to benefit from the “Ahorro Hipotecario” program, which offers mortgage-refinancing opportunities through the Housing Finance Authority, Gov. Alejandro García-Padilla said Tuesday.
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