PIA Press Release
Saturday, January 07, 2012
City gov’t signs MOA for the purchase of 1,000 sqm lot for homeless residentsANTIPOLO CITY, Rizal, January 7 (PIA) -- In its capacity to further improve the comprehensive and continuing urban development and housing program in the city as well as uplift the conditions of the underprivileged and homeless citizens, Mayor Nilo Leyble signed memorandum of agreement for the purchase of 1,000 sq. m lot in Sitio Pandayan, Barangay Inarawan, this city.
“Akin pong pipirmahan ang MOA na ito bilang patunay sa programang pabahay at palupa sa ilalim ng NILO CARES program na siyang sasagot sa pagkakaroon ng sarili ninyong tahanan. At bilang tulong pa sa inyong asosasyon aking ipagkakalob ang unang bayad para sa 1st monthly amortization ninyo. Basta tandaan lamang ninyo ang kaakibat na responsibilidad at obligasyon sa pagbabayad sa mga susunod pang panahon,” said Leyble.
(I signed this MOA to prove that the housing program under the NILO CARES is the answer for you to have your own homes. And as help to your association, I am giving the payment for your first monthly amortization. Just remember your responsibility and obligation in paying the succeeding dues.)
Urban Settlement and Development Office (USDO) head Leticia Tanzon said the lot was purchased through direct purchase from Francisco Baylon, costinh P550,000 at a selling price of P550.00/sq. meter in favor of Pandayan Hillside Beneficiaries Association Inc. (PHBAI) represented by its Pres. Jennifer Dano.
Under the agreement, the association will formulate policy and guidelines on beneficiary selection, lot allocation and beneficiary substitution including conducting buyer’s orientation to individual member-beneficiaries particularly on the terms and conditions on the lot sale as stated in the conditional contract of sale.
It is also stated in the agreement that the association will pay the landowner the 10 percent down payment of P55,000 with the remaining balance to be paid on a monthly basis for 24 months. (Antipolo PIO/CPG, PIA-4A)