PRESS RELEASE                                                                                                             Refer to: Ms. Dale Zapata

16 June 2005                                                                                                                    8332148/8334507

Addressing Housing concerns keeps VP Noli busy

UNFAZED by the cloudy political weather in the country, Vice President and concurrent Housing and Urban Development Coordinating Council (HUDCC) Chairman Noli ‘Kabayan’ De Castro kept himself busy performing his task as implementor of the national shelter program as he visit three separate housing projects due for groundbreaking in Cavite yesterday.

In the first housing project he visited, De Castro lauded a Taiwanese developer for investing in a 300-unit housing project in Baranggay Manggahan, Trece Martires City.

“This is a positive development for our housing program. Through this project, the country’s housing requirement was lessened by 300 units and that’s significant. I hope more projects of this kind would follow,” De Castro told local officials, the developer and the new homeowners of the Tsarinas Grand Villas.

Tsarinas Grand Villas is currently being developed by the First Solid Property Development Corp. headed by Lawrence She. The project is a beneficiary of the Developmental Loan Program implemented by the Home Development Mutual Fund (HDMF or Pag-IBIG fund).

As a developer, she responded that their firm remains confident in the prospects of housing in the country and the competence of the leaders behind the industry. He also thanked Pag-IBIG, one of the key shelter agencies (KSAs) under HUDCC, for being an effective partner of First Solid in its undertaking.

From Trece Martires City, De Castro proceeded to Baranggay Buena Vista 2 in General Trias to lead in the groundbreaking of the Tahanang Yaman Homes, a 2,190-unit socialized housing project developed by the Tahanang Yaman Homes Corporation which is also in partnership with Pag-IBIG.

There, he urged officials to continue supporting to the national housing thrust, saying it’s only through the cooperation between the housing leaders and the mayors as well as baranggay captains that the shelter program can truly succeed.

“Nagagalak ako sapagkat hindi nahihirapan ang ating mga developer sa pagpapatayo ng mga bahay para sa ating mga mahihirap na kababayan dahil na rin sa tulong ng mga mayor at baranggay officials dito sa Cavite. Tiyak na magagalak ang ating mga magigiting na heneral tulad nina Gen. Aguinaldo at Gen. Trias kahit sa kabilang buhay dahil sa pagusbong ng pabahay dito sa Cavite,” he said.

A warm welcome likewise greeted De Castro upon his arrival in Camachile Subdivision, Barangay Pasong Camachile, Gen. Trias where the Vice President distributed certificates of ownership to the new homeowners.

Ref no. VPMEDIA 05-072

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