AGP Executive Report
Last update: 2 hours agoHousing Finance: Puerto Rico homebuyers are increasingly using FHA 203(k) loans to buy properties that need repairs, as used-home prices rise and more than 60% of transactions require improvements. Labor & Tech: The Puerto Rico Department of Labor and Human Resources will roll out “Desempleo Digital” plus an Employer Portal in August, moving unemployment claims and payments to online tools and direct deposit. Water & Courts: San Juan is asking a judge to impose a special commissioner over PRASA, warning the utility could face fines—and potentially jail—for breaching a potable water service pact. Public Finance: The Financial Oversight and Management Board certified a revised FY2026 budget, but says it can’t yet be counted toward PROMESA’s balanced-budget termination requirements. Disaster Aid & Business: A coalition led by Puerto Rico airport operator Aerostar and local partners sent the first flight of nearly 7,000 pounds of earthquake relief to Venezuela, including medicine, food, generators, and infant supplies. Education Contract Scrutiny: PDP senators seek an investigation into a $38M TANF-funded contract tied to NOLA Education LLC and the “Star Academy” rollout in 25 schools. Food Safety: Morningstar Farms recalled products in Puerto Rico due to possible plastic pieces.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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