Local Information for Puerto Rico

Puerto Rico, officially known as the Commonwealth of Puerto Rico (Free Associated State of Puerto Rico), is an archipelago and the only state of the U.S. that is located in the northeastern Caribbean, east of the Dominican Republic, and west of both the United States Virgin Islands and the British Virgin Islands. It is 4^th of the largest covered areas among the Greater Antilles. Puerto Rico’s largest city and capital is San Juan.

People who are interested to visit the archipelago will enjoy a lot of offers that only Puerto Rico can provide. One will enjoy countless cultural experiences and many historical locations. Puerto Rico offers a delightful taste of nature or history, nightlife or adventure, culture or sports, and many more. The island offers a lot of interesting contrasts, which are all amazing and enjoyable.

Puerto Rico, among other islands of the Caribbean, is said to have a dynamic economy. The state, basically agricultural, is now grounded on services and manufacturing, even if it is only 100 miles long and 35 miles wide. Puerto Rico embraces several islands such as Vicques, Culebra, and Mon, among numerous other islets. The Free Associated State experiences tropical marine as its climate.

Affordable Housing in Puerto Rico

The Puerto Rico Finance Corporation and the Puerto Rico Housing Bank and Finance Agency aims to promote low-income housing, by which financing will also be provided. PRFC likewise gives subsidies and incentives to people so they may find a decent and dignified home. The PRFC offers disposition of properties and housing subsidy.

There are many housing program options in Puerto Rico, and all of these programs are aligned with that of the Puerto Rico Housing Authority.

Rental Assistance in Puerto Rico

Puerto Rico, like many U.S. states, offers Section 8 vouchers for those in need of rental assistance. Section 8 vouchers, also known as Housing Choice Vouchers, is part of the federal government’s program intended to help low income families, the disabled, and the elderly to find affordable, safe, sanitary, and decent private housing. Under the program, the voucher recipient can choose any type of housing, provided that it meets requirements set by the authorized federal agency.

This federal agency, the one that administers the Section 8 Housing Choice Voucher Program, is the Department of Housing and Urban Development (HUD). HUD helps in convincing apartment owners to offer affordable rates to low income tenants. For the rent subsidy following this Housing Choice Voucher, the PHA calculates the maximum amount of housing assistance allowable to a qualified family. They are then given assistance, which is lesser than the standard payment (deducted 30% off their monthly adjusted income), or it is calculated as their gross rent for the unit.

Go online for more choices on rental assistance in Puerto Rico. All these information can be accessed for free. Who knows? You just might find the apartment or house of your dreams!