The longest government shutdown in U.S. history is straining crucial housing reconstruction efforts in Puerto Rico.
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Top HUD official’s departure follows disagreements over housing policy and Puerto Rico disaster fundsDeputy Secretary Pam Patenaude’s job was like “pushing this rock uphill over and over again,” a former HUD employee said.
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Why the super-rich are flocking to Puerto RicoPuerto Rico’s economy has been in recession for more than a decade. And Hurricane Maria gave the world a look at just how bad the wealth gap had gotten. Meanwhile, little-known regulations passed in 2012 made the island a tax haven for the 1%. Are the policies giving the economy the boost it needs? Or doing more harm than good? Simone Boyce took a trip to San Juan to find out.
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Puerto Rico Picks Bidders for Ailing Power UtilityPuerto Rico took an important step toward privatizing its bankrupt public power monopoly and bringing in new investment to help modernize the utility and reverse the island’s economic decline.
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