According to the New York Times, President Joe Biden’s administration would prepare to disburse billions in disaster recovery and protection funds for Puerto Rico.
Biden would release $ 1.3 billion in aid to protect against future weather disasters and lift restrictions imposed by the administration of former President Donald Trump on disbursement of money aimed at rebuilding after Hurricane Maria.
As reported by the media, this money is part of more than $ 20 billion allocated to the island through the Federal Department of Housing (HUD, for the acronym in English) and the CDBG-DR program.
Officials in the Biden government described this as a first step in the fight against racial inequality imposed through policies to combat climate change.
The main reasons Trump imposed restrictions on the disbursement of money, according to experts consulted by the media, was the island’s lack of capacity to handle large amounts of money, which could lead to mismanagement of funds.
This is news in development.
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