Thread by @cnnphilippines

Samahan si @ruthcabal15 sa #NewsroomNgayon — balita at serbisyo para sa Pilipino.

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@ruthcabal15 DHSUD Usec. Avelino Tolentino III says unlike previous housing projects, the funds of the Pambansang Pabahay para sa Pilipino program comes from the sustainable financial structure where money from private banks can meet the housing interest subsidy.

@ruthcabal15 DHSUD says the eligibility of beneficiaries comes from the local government unit (LGU).

It adds LGUs must ensure that the beneficiaries will be the ones who live in the houses.

@ruthcabal15 DHSUD projects the budget to be trillions for the housing project to be completed within the Marcos administration.

@ruthcabal15 DHSUD: Itong Pambansang Pabahay para sa Pilipino program is not only a shelter solution. Nakikita natin na isa 'to sa paraan sa pagtaas ng ating ekonomiya.

@ruthcabal15 DHSUD says the Pag-IBIG Fund last week has allocated ₱250 billion in the developmental loans to kick-start the housing program construction.

@ruthcabal15 DHSUD says it is still in talks with government financial institutions like GSIS, SSS, Landbank for the developmental loans.

@ruthcabal15 DHSUD says units in high-rise buildings with 25 to 30 stories in highly urbanized areas cost ₱6,000 per month over a period of 30 years.

@ruthcabal15 DHSUD: Kaya ang aming programa, nagsusulong kami magkaroon ng housing interest support from the national government agencies para mapababa yung cost sa ₱3,000.

https://twitter.com/cnnphilippines/status/1599670333304606720

@ruthcabal15 DHSUD Usec. Tolentino says if the LGUs have the capability to help through the amortization support, the cost will decrease to ₱1,500 to ₱2,000.