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2003 Section 108 Project Summary - Puerto Rico
Public Facilities
Public Facilities Improvements The Municipality of Bayam�n, Puerto Rico has been awarded a $32,000,000 loan guarantee under Section 108 to assist in six public facilities projects that will be undertaken by the Municipality in order to improve aging infrastructures and public facilities. The projects include a parking garage adjacent to the newly constructed Urban Train Main Station, rehabilitation of the aging Ruben Rodriquez Coliseum and Rio Hondo Market, extension of Los Dominicos Avenue, and improvements to existing recreation facilities at Paseo Lineal Rio Bayam�n and in the Caridad sector of the Municipality. These are eligible activities of construction, reconstruction and installation of public facilities and other public improvements. The proposed activities will meet the criteria for the national objective of benefit to low- and moderate-income persons through area benefit.
Town Center Infrastructure Rehabilitation The Municipality of Barceloneta, PR, will use Section 108 loan guaranteed funds for acquisition, rehabilitation, relocation, and economic development activities for the Town Center project. These funds will be used by the Municipality for the acquisition and rehabilitation of 20 properties and project- related infrastructure improvements. These funded activities will provide 14,000 square feet of commercial rental space, 11 rental housing units, 350 parking spaces, installation of utilities, and improvements to sidewalks and streets. The commercial space is anticipated to create 65 jobs for low- and moderate-income persons.
Municipal Public Safety Complex Guaranteed Loan funds will be used by the Municipality of Trujillo Alto for the following five projects, all of which will provide benefit to low- and moderate-income residents:
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May 19, 2011 | |
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