On Friday, the Social
Housing Finance Corp. (SHFC) filed a case before the City Prosecutor's Office
against officials of Brigham Estate Home Owners Association for failing to
remit payments of thousands of housing beneficiaries, representing their
monthly amortization.
The beneficiaries had
a dialogue with Presidential Communications Operations Office (PCOO)
Undersecretary Lorraine Marie Badoy, who led SHFC activities here.
“The President is
very concerned with housing projects since it has been five years after the
disaster. While we file cases against corrupt officials, we have to work on
completing housing projects,” Badoy said during the housing site visit.
Next week, the SHFC
will file a case against Community Mortgage Program (CMP) community organizer
Siony Sia and her cohorts in the SHFC for overpricing of land acquisition,
non-remittance of payments, and illegal collection of fees from housing
recipients.
“I am shocked because
multi-million-peso funds are unaccounted (for). President Rodrigo Duterte wants
to punish those behind this corruption activity. We hope to file cases within
the year so we can take over these projects and complete these projects within
the term of the President,” said SHFC Arnolfo Ricardo Cabling in a press
briefing Friday night.
Cabling, a former
councilor of Davao City, who handled the city council’s housing committee, said
five SHFC lawyers have been coming to the city to gather evidences and talk to
victims.
“We want to make sure
the case is very tight because we really want to serve justice to ‘Yolanda’
victims. Let us fight corruption together as we work to strengthen the project
to make houses truly livable, adequate, and inclusive for poor Filipinos,”
Cabling said.
Aside from Brigham Estate
in Bagacay village, the SHFC is also investigating six other housing sites,
also handled by Mineland Shelter Foundation owned by Sia.
There are about 2,500
beneficiaries in these anomalous housing projects in the city, according to
SHFC.
Sia, whose accreditation
as mobilizer has been revoked by SHFC, cannot be reached for comment, but in
earlier media interviews, she denied all accusations.
Under CMP, the SHFC
buys the lot for accredited housing association members. The beneficiaries will
pay to SHFC in more than two decades.
Under its loan
entitlement, the SHFC raised the loan package from PHP165,000 to PHP250,000. Of
the amount, PHP100,000 is for lot acquisition, PHP30,000 for site development,
and PHP120 for housing materials.
The loan is payable
in 25 years with a monthly amortization of PHP474 and at an annual interest
rate of 6 percent based on the outstanding balance.
The community-based
housing project is managed by the homeowners’ association, with a CMP mobilizer
assisting the community associations in availing of the program for their lot
acquisition, site development and housing fund assistance with the SHFC.
Cabling said SHFC has
established measures to strengthen communication between the agency and the
communities, through decentralization and streamlining of its processes to
expedite shelter assistance to the underprivileged. (SQM/PNA)
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