The federal agency also awarded a grant of approximately $60,000 from the Presidential Grant for Disaster Home Repair and Section 504 funds to repair the home of a Loíza resident. #NewsismyBusiness
The Biden-Harris Administration has made unprecedented levels of federal funding available to Puerto Rico for resilience, recovery, infrastructure, and economic growth. #NewsismyBusiness
Applications must be submitted by March 15 at 11:59 p.m. Eastern Time. #NewsismyBusiness
The announcement was made at the Puerto Rico Farm Bureau convention held in Lares. #NewsismyBusiness
The department is making the grants available under the Value-Added Producer Grants program. #NewsismyBusiness
The minimum award amount per grant is $500,000. The maximum award amount per grant is $2 million. #NewsismyBusiness
Cabo Rojo, Guayama, Jayuya, Juncos and Lajas will receive funding. #NewsismyBusiness
A total of 200 projects will be funded by an $81 million investment from the agency. #NewsismyBusiness
Applications must be submitted to the nearest USDA Rural Development state office where the project is located by 4:30 p.m. on Feb. 28. #NewsismyBusiness
In all, the agency financed projects in 27 states and Puerto Rico. #NewsismyBusiness
Special consideration may be given to projects that serve areas with populations of fewer than 5,500 residents. #NewsismyBusiness
The money will go toward agricultural producers and rural small businesses to make investments in renewable energy and energy efficiency improvements. #NewsismyBusiness
Karama Neal, administrator of the USDA’s Rural Business-Cooperative Service, was on the island last week to get a firsthand look at funded projects. #NewsismyBusiness
The agency’s Single Family Housing Program in Puerto Rico has been revised. #NewsismyBusiness
Rural cooperatives, including current and previous USDA borrowers, must submit their Letters of Intent on or before 11:59 p.m., Sept. 15, 2023. #NewsismyBusiness
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