SHFC housing project for 91 Puerto Princesa families gets going
The journey of 91 families belonging to the Centro-1 Sta. Lourdes Homeowners Association, Inc. Phase II in Palawan to have their own land has started rolling. This after Social Housing Finance Corporation (SHFC) released the P10.8-million check on August 16 for the purchase of a property in Barangay Sta. Lourdes where they will relocate to
SHFC Western Visayas Vice President Emmanuel Peñarubia personally handed over the check to the landowner, represented by Mr. Jose Tiu, in a simple ceremony held at the SHFC Office in Puerto Princesa City.
The project is an LGU-led resettlement initiative under the Community Mortgage Program (CMP), a people-led housing finance implemented by SHFC to allow residents of blighted areas to own.