VP Binay In Cagayan de Oro Today To Lead Pabahay Caravan for the Poor

By: Therese Carmelite M. Abejo

          CAGAYAN DE ORO CITY NEWS  Sept. 26 - Vice President Jejomar C. Binay is set to lead the opening of the Region X & XIII Pabahay Caravan, here, at  Dynasty Hotel on Sept. 26-27.  

Anchored on the theme, “Strengthening Local Government Units (LGUs) in Housing Delivery and Local Development Planning,” the activity is in line with the thrust of the Vice President to build a stronger partnership with LGU’s, under Republic Act 7279.

Otherwise known as the Urban Development and Housing Act of 1992, RA 7279 mandates the LGUs to deliver quality homes to their constituents.

“Being closer to the people, the LGUs should be at the forefront in delivering housing services,” Binay, who is also the Chairperson of the Housing and Urban Development Coordinating Council (HUDCC) said.

He said it is the role of the HUDCC to enable them to provide these services by orienting them on our housing programs and granting financial support to implement such projects in their areas.

Vice President Binay also said “by making the LGUs aware of our housing programs and services, we will be able to encourage them to work together with the national government in accelerating shelter production and enhancing the delivery of housing services to the people.”

During the caravan, heads of the National Housing Authority (NHA), Social Housing Finance Corporation (SHFC), National Home Mortgage Finance Corporation, (NHMFC),  Housing and Land Use Regulatory Board (HLURB), and Home Development Mutual (Pag-IBIG) Fund will  present their agency’s respective housing programs and services for LGUs and local communities.

Meanwhile, the Vice President Binay will also lead the groundbreaking of PHIVIDEC Industrial Authority (PIA) Employees Housing Project located at PHIVIDEC Estate in Sta.Cruz, Tagoloan town either through group Housing Loan Program (HLP) or End-User Home Financing Program (EUHFP) as may be decided later by the PIA beneficiaries.

Likewise, he will lead the distribution of 91 Transfer Certificates of Title (TCTs) to the beneficiaries of the Community Mortgage Program (CMP) of the Social Housing Finance Corporation (SHFC), 11 TCTs from the Unified Home Lending Program (UHLP) of NHMFC and 11 TCTs from the NHA Housing Projects. (Pag-IBIG/PIA-10)

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