Luis J. Valentin Ortiz

Puerto Rico to get $18.5 billion to rebuild shattered housing market

Apr 11 2018

SAN JUAN Puerto Rico will receive $18.5 billion from the U.S. Department of Housing and Urban Development to help rebuild its battered housing stock and infrastructure after September's Hurricane Maria, the island's governor and HUD officials said on Tuesday.

Gov't loan for Puerto Rico's PREPA could last into May: lawyer

Mar 07 2018

NEW YORK The Puerto Rican power utility known as PREPA, operating on a $300 million loan from the island’s bankrupt government, could need more cash by early May to stay afloat, a lawyer for Puerto Rico’s federally appointed oversight board said on Wednesday.

Puerto Rico's governor presses power utility privatization

Mar 05 2018

SAN JUAN, Puerto Rico Puerto Rico's Governor Ricardo Rossello on Monday pressed proposals for privatizing the U.S. commonwealth's shattered electrical grid as part of its painstaking recovery from devastating September hurricanes.

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