City, NHA collaborate for establishment of resettlement site in San Simon
THE city government of Cagayan de Oro continues to work for the establishment of more socialized housing projects for landless residents.
The 19th City Council headed by Vice Mayor Raineir Joaquin V. Uy on Monday enacted an ordinance authorizing City Mayor Oscar S. Moreno to enter into and sign the Contract of Loan (COL) with the National Housing Authority (NHA)-Regional Office 10 covering the grant of loan by the latter (NHA) to the city government of Cagayan de Oro in the amount of ₱25 million.
The amount is intended for the establishment of the Cagayan de Oro Resettlement and Socialized Housing Project (CDORSHP) 5 at the city-owned property in Barangay San Simon pursuant to Ordinance No. 14047-2021. The ordinance authorizes the city mayor to enter into a sign a MOA with the NHA covering the collaboration of the parties for the development of the housing project involving the NHA’s P50 million financial assistance to the city for the construction of 164 housing units.
In a letter to the City Council, Mayor Oscar S. Moreno said the loan facility is in line with the MOA entered into by the parties in April this year. This is in relation to the Updated Guidelines for the implementation of the Resettlement Assistance Program for Local Government Units (RAP-LGU) to help address the lack of relocation sites for the homeless families in the city.
He said the ₱25 million will be in the form of a grant, and the collected payments from the homeowners shall be retained by the city to be used to further enhance its socialized housing program at the CDORSHP 5 or in other relocation sites, The Gavel learned.
According to the city mayor, the collaboration will greatly help address the urgently needed funding requirement for the resettlement site and will fast track its implementation especially with the increasing number of homeless residents waiting to be relocated.
The ordinance was endorsed by the committees on ways and means and on laws and rules chaired by Councilors George S. Goking and Ian Mark Q. Nacaya, respectively.