Vice President Jejomar C. Binay awarded Transfer Certificates of Title (TCTs) to 90 housing beneficiaries from eight community associations in Cagayan de Oro and Butuan under the Community Mortgage Program (CMP) of the Social Housing Finance Corporation (SHFC) during the opening of the 10th Pabahay Caravan in Cagayan de Oro.
He also led the distribution of TCTs to 11 beneficiaries of National Housing Authority (NHA) projects and also awarded titles to 11 borrowers who have fully-paid their accounts under the Unified Home Lending Program of the National Home Mortgage Finance Corporation.
The Vice President also met with local officials to discuss the government’s housing programs.
“Being closer to the people, the LGUs should be at the forefront in delivering housing services,” Binay said. “It is the role of 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,” he added.
The housing caravan was organized by the Housing and Urban Development Coordinating Council (HUDCC) to build a stronger partnership with LGUs in addressing the country’s housing gap. Under Republic Act 7279 or the Urban Development and Housing Act of 1992, LGUs are mandated to deliver quality homes to their constituents.
“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,” Binay said.
Among the topics discussed include the role of LGUs in housing and urban development as well as specific housing programs for LGUs, including Pag-IBIG Fund’s Group Housing Loan Program, SHFC’s localized community mortgage program, and NHA’s resettlement program.
The Housing and Land Use Regulatory Board (HLURB) also talked about how comprehensive land use planning can help LGUs ensure rational, ecologically balanced and sustainable development of resources and growth of human settlements.
Prior to the housing event in Cagayan de Oro, the Pabahay Caravan has been held in Cebu, Baguio City, Tagaytay City, Davao, Pampanga, Zamboanga, Tacloban, Laoag and Tuguegarao.