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Department of Housing and Urban Development imposes Federal Monitor on the island

The agency based its decision on recent cases of corruption and the political crisis the government of Puerto Rico is facing

3 de agosto de 2019 - 9:15 AM

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Puerto Rico has been promised some $20.2 billion in CBDG-DR funds between funds allocated directly by Congress and HUD. (GFR Media)
Puerto Rico has been promised some $20.2 billion in CBDG-DR funds between funds allocated directly by Congress and HUD. (GFR Media)

Washington - Amid the island's political crisis, the U.S. Department of Housing and Urban Development (HUD) announced yesterday it will appoint a federal financial monitor to oversee the disbursement and use of the nearly $20 billion approved in disaster relief funds for Puerto Rico.

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