The U.S. Department of Housing and Urban Development (HUD) and the Commonwealth of Puerto Rico have signed an agreement to develop and implement a comprehensive market-based housing plan on the island.  HUD will provide significant training and technical assistance while Puerto Rico designs and implements a housing strategy to better serve its citizens.  HUD’s technical assistance will include:

  • Conducting a comprehensive ‘housing needs assessment;’
  • Identifying gaps in capacity needed to execute the housing plan;
  • Improving financial management of HUD’s housing and community development programs;
  • Assisting the Commonwealth to develop a multi-year plan improve program administration; and
  • Training to leverage HUD funding with other public and private capital to amplify the impact of the Commonwealth’s housing plan.

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