Tag Archives: Puerto Rico

Brian Montgomery, Assistant Secretary of Housing and Urban Development for Housing and Commissioner of the FHA, recently stated that HUD is reviewing an action plan submitted by the government for a second round of funding for Puerto Rico.

After being previously blocked in the House of Representatives, the Disaster Relief bill is set to move to President Trump for his sign-off.

During a House Committee on Financial Services hearing, experts and politicians put forth ideas to improve Community Development Block Grant flexibility, with an emphasis on helping homeowners during the rebuilding process.

As part of its initiative to help the communities who have suffered substantial damage to homes, businesses, and infrastructure in the wake of hurricanes Maria and Irma, HUD announced its approval of additional investment for the island’s recovery.

The U.S. Department of Housing and Urban Development has added to the grants provided to the island nation, but here’s why the agency has added a caveat to this approval.

More than a year after Hurricane Maria made landfall in Puerto Rico, the island faces many challenges along the road to recovery. DS News spoke to industry leaders working to facilitate that process. Editor’s Note: This feature originally appeared in the November issue of DS News.

As the island of Puerto Rico looks at a long road to recovery more than a year after being hit by Hurricane Maria, leaders from the mortgage and servicing industry have come together to help in rebuilding this paradise.

As the citizens of Puerto Rico continue to feel the impact of last year’s devastating storms, a new initiative aims to alleviate the community’s hardships.

The newly announced HMB Law Group will be work to meet the legal needs of financial institutions and Puerto Rican community members as the island recovers.

HUD Secretary Ben Carson and Puerto Rico's Governor Ricardo Rosselló have formally exeucuted the $1.5 billion grant agreement to help citizens in Puerto Rico to recover from Hurricanes Irma and Maria. See how the grant will be used to speed up housing recovery in Puerto Rico.