Vice President and Housing and Urban Development Coordinating Council (HUDCC) Chairman Jejomar C. Binay again called on government agencies to convert idle properties into housing projects for their employees.
He also committed to provide technical and financial assistance to government agencies who will be undergoing such projects.
“Many government employees still have no homes that they can call their own. The least we could do is help them acquire decent and affordable homes,” Binay said during the groundbreaking ceremonies of the Phividec Industrial Authority (PIA) employees’ housing project.
The housing project, dubbed PIA Employees Village, will be built at the 2.9-hectare property of the agency in Villanueva, Misamis Oriental. It is envisioned to generate 125 housing units at 120 square meters per lot.
It shall be implemented under a joint venture arrangement with PIA allocating land, the National Housing Authority (NHA) providing technical assistance on site development, and Home Development Mutual Fund (Pag-IBIG) providing loan facilities for house construction.
“HUDCC fully supports initiatives of government agencies, such as PIA, to provide housing for their employees,” Binay said.
A Memorandum of Agreement (MOA) between PIA General Manager Leo Tereso Magno, NHA General Manager Chito M. Cruz and Pag-IBIG Chief Executive Officer Darlene Berberabe was signed during the ceremonies in the presence of Vice President Binay.