SHFC turns over CDO housing project for ISFs, typhoon survivors to DHSUD

Hundreds of informal settler families (ISFs) in Cagayan de Oro that include some survivors of typhoon “Sendong” in 2011 may finally receive their own homes, according to the Department of Human Settlements and Urban Development (DHSUD).

DHSUD Secretary Eduardo Del Rosario, along with Social Housing Finance Corporation (SHFC) President Arnolfo Ricardo Cabling, recently turned over 10 medium-rise resettlement buildings intended for 240 ISFs in Cagayan de Oro.

Located inside the 5-hectare Balubal Heights Subdivision Federation Inc. at Barangay Balubal, the resettlement project was jointly undertaken by SHFC and the Cagayan de Oro local government unit.

“This is another testament of how the Duterte administration gives importance to its goal of providing decent, sustainable, yet affordable homes to Filipinos, especially the underprivileged,” del Rosario stressed.

“We at DHSUD and SHFC are fulfilling that vision to provide housing assistance to low-income families, as well as victims of calamities. And you can see the design of this project is truly of high standards that the beneficiaries can be proud of,” the housing czar added.

The resettlement project can accommodate a total of 40 buildings that can house over 900 ISFs. Other structures are now in various stages of completion.

The housing projects in Cagayan de Oro City are the fourth to be rolled out by DHSUD and SHFC this year.

Apart from the Cagayan de Oro project, del Rosario and Cabling inspected 2-story duplex type shelters, which are part of an ongoing project intended for victims of the Marawi 2017 siege and Sendong victims comprising the Muslim-Christian Women’s Homeowners Association Inc.

A memorandum of agreement for land development of the resettlement project was also signed on Tuesday. Witnessing the signing ceremony were Archbishop Antonio Ledesma and Mayor Oscar Moreno.

Del Rosario attributed the success of the two housing projects in Cagayan de Oro City to the convergence of efforts of the national and local government officials, private partners and the local communities.