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NHA receives P5.5b

Manila Standard Today newspaper on /2012/June/05
Posted June 5th, 2012 by Maria Bernadette Lunas.

The Budget Department has released P5.5 billion to the National Housing Authority to bolster the government’s housing program and benefit informal settlers and residents in high-risk areas nationwide.

“The recent release will allow the NHA to meet the rehousing requirements of families and communities living as informal settlers or currently in calamity-stricken areas,” Budget Secretary Florencio Abad said in a statement.

The resettlement program, which will be implemented by NHA, will cover the provision of 12,227 house and lot packages, 10,188 housing units, and 16,527 lots to beneficiary families nationwide.

Budget is earmarking P4.16 billion to NHA-administered rehousing activities, with P2.7 billion to be used to relocate informal settler families living in high-risk areas in Metro Manila, Rizal, Laguna, Bulacan and Pampanga.

(Published in the Manila Standard Today newspaper on /2012/June/05)

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