P.R. Laws tit. 21, § 965
The “Puerto Rico Special Communities Socio-Economic Development Fund” is hereby created. The fund shall be nurtured by appropriations from the Government of the Commonwealth of Puerto Rico; other public funds, including, among others, those allocated for capital improvements; other State and federal funds appropriated or allocated thereto; and contributions made thereto by private individuals and entities. This Fund shall be administered by the Office of the General Coordinator for Socio-Economic Financing and Self-Management. The monies deposited into the Fund shall be used for the following purposes, among others:
(a) Community initiative projects that propitiate community development, such as: infrastructure, construction and housing rehabilitation projects, construction, rehabilitation and maintenance of community centers and community services, recreational areas, other community facilities, reforestation and environmental protection projects, and other similar projects.
(b) Support projects for the creation and strengthening of the special communities, community organizations, through the rendering of technical advice and assistance, take steps to professionalize the work teams, and the purchase of equipment, among other similar matters.
(c) Promote activities to finance economic and self-management development, loans, guarantees, investments, financial aid, training and technical support to guarantee the success of these endeavors and to promote the creation of non-traditional trades training centers for the unemployed women of the special communities.
History —Mar. 1, 2001, No. 1, § 6; Nov. 11, 2006, No. 245, § 2; renumbered as § 8 and amended on Jan. 4, 2012, No. 7, § 4.