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HUD, Puerto Rico Execute $1.5 Billion Grant Agreement for Hurricane Recovery

Thursday, September 20, 2018 - 11:30AM

The U.S. Department of Housing and Urban Development (HUD) today announced the formal execution of a $1.5 billion grant agreement–including $1 billion for housing–to help Puerto Rico recover from hurricanes Irma and Maria. The housing funds through the Community Development Block Grant–Disaster Recovery program include $10 million for rental assistance, specifically for properties that serve the elderly and other vulnerable households.

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