Matatas ko pong masasabi na wala na kaming illegal settlers dahil sa aming mga proyekto para mga tao, at lalo na dahil sa tulong ng (I can proudly say that we no longer have illegal settlers because of our projects for the people, especially with the help of) SHFC
,' Marikina City Marcelino Teodoro said in his speech, during the 31st anniversary of the SHFC
's Community Mortgage Program (CMP) at the GSIS Gym on Wednesday.
She said the SHFC
's utilization rate is a negative because actually the agency is using its own funds.
has the mandate to provide security of tenure to the city's informal settlers families, particularly those who are in the waterways and with threats of eviction.
provides housing assistance for organized communities belonging to informal settlers.
released a letter of guarantee on June 14 which cites that the agency will buy the 47,846 square meters lot in favor of the ISFs worth P21 million.
Asido added the SHFC
will select possible sites for the resettlement of the first batch of beneficiaries.
The COA said that if the soil test result would show that the property is not suitable for the housing project, the SHFC
should require the refund of P100.33 million that has been spent for the construction.
is a state- owned corporation primarily tasked to carry out social housing programs for low income families in the formal and informal sectors.
housing project in Valenzuela, which was recently suspended by the new SHFC
board due to issues related to flooding and liquefaction,' he said.
) in connection with a housing project worth P214 million in San Jose del Monte, Bulacan which remains idle despite its completion last year.