FY 2003 Project Summaries -
Housing and Economic Development Corporation in Ceiba, PR will
receive a Rural Housing and Economic Development Innovative Grant
in the amount of $397,900. The applicant proposes to use their innovative
award to provide a program to bring affordable housing and small
business development opportunities to the low-income elderly and
Hispanic population of Ceiba. The Municipal government of Ceiba
and Federal Home Loan Bank of New York and USDA Rural Development
are just a few of the organizations that are assisting in the project.
Proposed leveraging is over a million dollars.
Lauro Pinero Avenue