Developer McCormack Baron Salazar, in a public-partnership with the Puerto Rico Department of Housing, unveiled the new $41.3 million Bayshore Villas mixed-income apartment community in Old San Juan, near Bahía Urbana.
Research-based global biopharmaceutical company AbbVie will donate $100 million to two organizations, Direct Relief and Habitat for Humanity International, to strengthen access to healthcare and housing in Puerto Rico.
The U.S. Department of Housing and Urban Development announced the allocation of $151.5 million in annual funding to the housing authority in Puerto to help make needed capital improvements to the agency’s properties.