The US Department of Housing and Urban Development (HUD) approved the action plan outlined by the government for the use of $ 1,507 billion of the Community Development Block Grant-Disaster Recovery (CDBG-DR) .
Despite that “vote of confidence”, HUD will not disburse the funds until the Ricardo Rosselló Nevares administration details the internal controls it will take to ensure the proper use of the funds.
Fernando Gil, Secretary of Puerto Rico Department of Housing, an agency that will oversee the use of the funds, explained that once they submit that report, HUD will proceed with the disbursement, which would occur in mid-August.
“That is in writing, and basically, now we have to begin submitting, and thus explain how we would handle each of the cases in terms of disbursement,” Gil said in an interview with El Nuevo Día.
According to the document, $ 775 million are for housing repair, reconstruction and relocation, $ 45 million for the payment of mortgages in arrears – up to a maximum of $ 20,000 – through the Housing Finance Authority, and another $ 36 million aimed at the development of renewable energy projects for houses.
There will also be another $ 12.5 million to build housing for gender-based violence victims and homeless people and $ 25 million to obtain property deeds.
Photo: Ricardo Rosselló and Fernando Gil.