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HUD Releases $8.2B in Aid to Puerto Rico – DSNews

HUD Releases $8.2B in Aid to Puerto Rico – DSNews
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HUD Releases $8.2B in Aid to Puerto Rico

in Daily Dose, Featured, Government, News

2 hours ago
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U.S. Department of Housing and Urban Development (HUD) Secretary Dr. Benjamin Carson has announced the release of an $8.2 billion in aid to Puerto Rico to assist with disaster recovery efforts.
“Now that proper financial controls are in place, implementing the second phase of Puerto Rico’s disaster recovery program can move forward with an extension to its line of credit,” said Secretary Carson. “Additional oversight was needed before we could proceed with confidence that these critical disaster recovery funds will reach those who need them the most. HUD looks forward to working with Vivienda as they continue their recovery process. With this unprecedented amount of capital, it is our firm hope and expectation that Puerto Rico will become the jewel of the Caribbean.”
Robert M. Couch will serve as the Federal Financial Monitor to oversee the grant administration and disbursement process of disaster recovery funds to Puerto Rico and the U.S. Virgin Islands. Couch, who previously served as HUD’s General Counsel from December 2006 to November 2008 will join HUD as a career member of the Senior Executive Service.
“We are glad to have Robert re-join

via HUD Releases $8.2B in Aid to Puerto Rico – DSNews

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Rodwell Smith

Ever since I can remember, I was always fascinated with my Dad’s and Grandfather’s proficiency very fervently. They could start with a bare piece of land and create a structure for a most appreciative owner to live a better life. RodwellBuildingServices is the career achievement I'm most proud of now. Especially since it started from full utilization of my know-how, every bit of skills and technical capabilities. My life has come full circle to my fathers' as I start with any under improved property and make it into your dream. My niche in the real estate industry is constructed-to-order real estate transactions are my life of services and daily adventures in and around the capital of the free world. RodwellBuildingServices™ benefits keenly customized property sellers, buyers, and users in Washington, DC and up to 50 miles around Maryland and Northern Virginia. We speak to our customers as a Property Improvement and Modernization Builder/Realtor expert. If we haven't provided you with “the real services and the right property for your order,” at any time up to 5 years - we will sell it back from you and help you with a more custom fit.

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