The construction of 120-unit low-rise condominium for Iloilo City Government low-salaried employees is expected to start in March in Brgy. San Isidro in Jaro district.
Mayor Jerry Treñas thanked SM Development Corporation (SMDC) for building low-cost housing units for City Hall workers they can avail on affordable terms.
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“As of last week, SMDC’s in-house contractor has started delivering aggregate materials that followed after the partial closure of the property, only front side vacant lot left for the delivery of materials; signaling that the construction proper will start in about a week’s period,” said Roy Firmeza, head of Iloilo City Urban Poor Affairs Office (Icupao).
A 30-sqm condo unit in two twin four-story back-to-back Uswag Low Rise Residential Building will rise in 2,741-sqm area is the expected completion after one year and a half.
“This is in partnership with SM Prime Holdings and its construction division SM Development Corporation. The project has an allocation of P247-million budget where P217-million is for the residential building while the P30-million is for the site development. The budget came from the 15% of the housing balance compliance of SMDC nationwide,” Firmeza said.
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“Another update is that, the recommendation of the technical working group about the selection of the beneficiaries. This is for those on Salary Grade 8 and below with at least five years service as regular employee by December 31, 2021, services as job hire is included,” he said.
Firmeza said the City Council adopted a resolution for such purpose.
“I believe the mayor would like to, as much as possible in a matter of transparency, give chance to qualified beneficiaries,” said Firmeza.
In addition, the project is a pro-active approach of the City Government in response to scarcity of land due to fast development resulting to physical and spatial changes.
Lastly, he added this is along with the effort of bringing the socialized housing program to the next level.