SHFC BUILDS TWO-STOREY 616-UNIT HOUSING FOR DAPITAN CITY DISPLACED FAMILIES
Social Housing Finance Corporation (SHFC) President Atty. Arnolfo Ricardo Cabling met on November 28 with officials of Dapitan City in Zamboanga del Norte to start the ball rolling for the construction of a 2-storey building to house 616 informal settler families (ISF) displaced by natural calamities, implementation of various government projects and those living in hazard-prone areas.
The construction of the medium rise building at Barangay Sulangon, follows the signing in September 6, 2018 of a Memorandum of Understanding by Cabling and Mayor Rosalina Jalosjos.
Under the MOU, the SHFC will construct the housing units at the seven hectare lot in Sulangon owned by the City Government of Dapitan which it acquired from a Filipino-Chinese couple in 2003.
The SHFC is the government agency implementing the government’s socialized housing program.
There are now about 160 families, who are members of the Sulangon Heights Homeowners Association Inc., (SHOAI) qualified for the first batch of the project.
During its ground-breaking ceremony, Mayor Jalosjos said the housing project is a realization of her long-time dream to provide home to the homeless Dapitanons.
Cabling lauded Dapitan City LGU for its cooperation and active participation, willingness to provide a lot for the project, and the development of the project site like the construction of concrete road and drainage canal. Monthly amortization of about P1,807.62, is payable for 30 years by the beneficiaries.