Led by Mayor Marcelino “Marcy” Teodoro and DHSUD Secretary Jose Acuzar, the ceremony signals the start of the establishment of the “Bagong Sibol Housing Project” which is set to rise in Barangay Nangka in Marikina City.
“Ito po ang pagkakataon na po ng bawat Pilipino na magkaroon ng bahay kaya kailangan yung advantage na ito, kailangan kunin po nila,” he said. The program aims to build one million houses every year until the end of the President’s six-year term as part of efforts to address the country’s 6.5 million backlog in housing requirements.
“Yung minimum wage [earners] po sigurado magkakaron ng bahay. Kasi instead na ang bayad ay P7,000 magiging P3,000 lang. Kasi po nilagayan po ng gobyerno ng interest subsidy. Instead of 6%, naging 1% na lang ang babayarang patong,” said Acuzar.
Vertical housing is the way to go aside from kulang ng land space, flood prone pa yung lugar na especially Marikina.
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