TSA$10.0B
Caribbean Business
a person standing on a crane
Goverment·Caribbean Business Staff··2 min read

COR3 Executive Director Eduardo Soria Resigns; Leadership Uncertainty Raises Concerns Over Reconstruction Efforts

Listen to this article
0:00 / 0:00

Eduardo Soria, executive director of the Central Office for Recovery, Reconstruction and Resilience (COR3), has submitted his resignation and will remain in the role until June 30, according to reporting by the television program Jugando Pelota Dura.

The administration has not yet disclosed the reasons behind his departure or who will assume leadership of the agency.

Soria’s exit adds further turbulence to an already strained reconstruction apparatus responsible for managing billions of dollars in federal disaster-recovery funds. The announcement immediately drew concern from lawmakers, particularly the Popular Democratic Party (PPD).

Senate Minority Spokesperson Luis Javier Hernández Ortiz warned that the leadership shake‑up could further destabilize an agency already under scrutiny for delays and bureaucratic bottlenecks.

“This new shake‑up in the government exposes the deterioration of Jenniffer González Colón’s administration,” Hernández Ortiz said in written remarks. “It’s bad news for everyone, because this is one of the agencies the governor promised to eliminate during her campaign. If there is no coherence and organization at COR3, reconstruction will be delayed even more, and the threat of losing federal funds remains very real.”

The senator also pointed to data released on February 22, 2026, showing that more than 70% of the U.S. Department of Housing and Urban Development (HUD) funds allocated for recovery and mitigation projects had yet to be disbursed.

COR3 plays a central role in coordinating Puerto Rico’s long‑term reconstruction following hurricanes, earthquakes, and other natural disasters. Any disruption in its leadership, observers note, risks slowing progress at a time when municipalities and agencies continue to navigate complex federal requirements.

As of Thursday night, La Fortaleza had not issued an official statement regarding Soria’s resignation or the process for selecting his successor.

Related Articles

green and grey transmission tower during nighttime
Energy & Oil

Genera PR Says Loss of Maintenance Reserve Hampers Plant Upkeep; Seeks $16 Million

Genera PR warned the Puerto Rico Energy Bureau (PREB) that the agency’s repeal of the Generation Maintenance Reserve (GMR) has sharply limited its ability to perform basic upkeep across the island’s power plants, prompting the operator to request $16 million in funding drawn from the system’s FY2026 under‑collection. In a filing this week, Genera, the […]

Eva Llorens
white and red wooden house miniature on brown table
Goverment

Puerto Rico’s Property Registry System Has $3.6M in Unredeemed Credits Exposed to Misuse, Inspector General Finds

San Juan-Puerto Rico’s Office of the Inspector General (OIG) has identified serious control failures in the Karibe system — the digital platform used to manage the island’s Property Registry — leaving $3,663,690.75 in unredeemed credits vulnerable to unauthorized use, according to a report released Thursday. The audit of the Digital Real Estate Registry, which operates […]

Caribbean Business Staff
low angle view of building
A Mi Que Me Importa

Oversight Board Clears Way for San Juan and Bayamón to Buy, Rehabilitate 100 Residential Properties

The Financial Oversight and Management Board for Puerto Rico (FOMB) has issued an “approved with observations” determination for two contracts between the Puerto Rico Housing Finance Authority (PRHFA) and the municipalities of San Juan and Bayamón, clearing the way for the acquisition and rehabilitation of more than 100 residential properties under the federal HOME‑ARP program. […]

Eva Llorens