The Presidential Daily Brief

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    Puerto Rico Unveils Rebuilding Plans

    Gov. Ricardo Rosselló announced Monday that the first $1.5 billion of Department of Housing and Urban Development funds will largely go toward rebuilding homes and businesses destroyed by Hurricane Maria, which devastated Puerto Rico last year, causing $100 billion in damage. Funds are also being allocated for building low-income housing and supplying renewable energy. The new grants, expected in August, come with fewer strings attached than FEMA funding, which didn’t cover repair costs for many structures. Officials are still determining how to spend the rest of the $20 billion in HUD aid.

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