🏘️Waivers for CDBG-DR Funds in Puerto Rico Disaster Recovery
Waivers and Alternative Requirements for a Community Development Block Grant Disaster Recovery (CDBG-DR) Grantee
Summary
This notice governs Community Development Block Grant-- Disaster Recovery (CDBG-DR) funds allocated to the Commonwealth of Puerto Rico pursuant to the Supplemental Appropriations for Disaster Relief Requirements Act, 2017, and the Further Additional Supplemental Appropriations for Disaster Relief Requirements Act, 2018, for major disasters occurring in 2017. In response to a request by the Commonwealth of Puerto Rico, this notice provides waivers and alternative requirements of certain sections of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended (URA), and waivers of certain sections of the Housing and Community Development Act of 1974 (HCDA) to acquire disaster-damaged properties and assist in the recovery of the Commonwealth.
Agencies
- Housing and Urban Development Department
Business Impact
$$$ - High
The text outlines waivers and alternative requirements under CDBG-DR funding which enables Puerto Rico’s government to acquire disaster-damaged properties, impacting property owners and potential contractors involved in recovery efforts significantly. This initiative presents opportunities for compliance with new regulations and possible funding for recovery projects, directly influencing business operations related to disaster management and real estate.