Tuesday, 21 July 2009

3,000 Philippine govt. workers to benefit from new housing project



Close to 3,000 government workers stand to benefit from the government housing project within the New Bilibid Prison reservation in Muntinlupa following its groundbreaking this morning by President Gloria Macapagal Arroyo and Vice President Noli de Castro.

The new socialized housing project on the 41-hectare gently rolling property will be offered to employees of Office of the President, Department of Environment and Natural Resources, the Department of Justice and its attached agency the Bureau of Correctional and the City of Muntinlupa.

Property developer, R-II Builders represented by its chairman Reghis Romero III and president/CEO Pol T. Sanchez were among those who witnessed the ground breaking and laying of the time capsule officially marking the start of project development.

Romero said the developers have one year, from today, to finish the development of the property, the construction and selling of the housing units that the company builds. R-II is tasked with the first phase of development in 16.76 hectares covering 1,495 units.

Before the President arrived, Vice President de Castro instructed the housing agencies under him—the Housing and Urban Development Coordinating Council, the Philippine Home Mortgage Finance Corp., PagIbig and the National Housing Authority—to offer the houses and lots to all other government employees if these are not taken by priority clients.

“Offer the houses and lots built to other government employees after four months that the OP, DENR, DOJ, the Bureau of Correctional and the City of Muntinlupa will not buy the units through their PagIbig Fund contributions,” the VP told developers RII Builders and its counterpart, the Baque Corporation which will develop 1,491 units in Phase 2 of the property. (PND)

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