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SM Prime, GK to build 200 homes in CdO

Written by  Tribune [ ]
Saturday, 23 June 2012 00:00

SM Prime Holdings Inc. recently signed a memorandum of agreement (MoA) with the local government of Cagayan De Oro City, the Housing and Urban Development Coordinating Council (HUDCC) and Gawad Kalinga to build 200 houses in Barangay Canitoan, Cagayan de Oro City. 

Vice President and HUDCC chairman Jejomar Binay witnessed the MoA signing that formalized the coordination of work between SM Prime and government units and agencies in the rehabilitation of the victims of tropical storm “Sendong” through the development of the 2.7346-hectare Canitoan Relocation Site.

The National Housing Authority (NHA), the Department of Social Welfare and Development (DSWD), the Department of Public Works and Highways (DPWH) and the Department of Environment and Natural Resources (DENR) are also working with them on the project, Binay said.

The HUDCC chairman had tasked the NHA to develop the Canitoan Relocation site to accommodate families displaced by the typhoon Sendong, and those residing along riverbanks and danger areas of the city.

The relocation site will host 200 homes donated by SM Prime, as well as 100 homes donated by Banco de Oro Foundation — a total of 300 homes to be built by Gawad Kalinga which will also organize a community association to empower the fledgling community towards self-reliance and sustainability.

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