to: Ms. Dale Zapata
VP NOLI HAILS CMP IN ANTIPOLO, QUEZON
VICE-President and Housing and
Urban Development Coordinating Council (HUDCC) concurrent chairman
Noli ‘Kabayan’ De Castro hailed the Community Mortgage Program (CMP) of
the government as it proves to be the means of providing shelter to
millions of poor Filipinos.
LAHAT KAMI DITO MAY LOTE NA!
seems to be the message of proud lot awardees in Bgy. Dalig 1 Antipolo
City, Rizal through the Community Mortgage Program (CMP) who posed with
Vice President and Housing and Urban Development Coordinating Council
(HUDCC) concurrent chairman Noli ‘Kabayan’ De Castro after the awarding
ceremonies of individual lot titles under the Community Mortgage
Program (CMP) of the National Home Mortgage Finance Corporation
(NHMFC). The residents were earlier given their land titles by Vice
President De Castro who was assisted by Antipolo City Mayor Antonio
Gatlabayan and Congressman Sumulong. (OVP photo by Egay Montaña)
The CMP implementation is a difficult job but it’s serving our poor and
homeless countrymen very well, said De Castro who awarded
individualized mother titles to 70 fully-paid beneficiaries of a CMP
project in Antipolo, Rizal the other day.
“With CMP, we’re shooting three birds with one stone. First, we
eliminate the rift between landowners and informal settlers. Second, we
solve the illegal squatting problem. And lastly, we provide the poor
with the chance to have house and lots that they call their own,” De
Under CMP, settlers illegally occupying private lands are required to
form into an organized community to negotiate with the landowner for
the purchase of the property. If both parties agree at a reasonable
price, the government through the National Home Mortgage and Finance
Corporation (NHMFC) lends the money to community in order to buy the
land from the owner.
“This wonderful scheme makes everybody happy,” De Castro said during
the awarding ceremonies.
It took 10 years of responsible payment of dues to NHMFC for the 70 new
and proud landowners representing the 347 CMP beneficiaries in barangay
Dalig in Antipolo before they finally got their land titles.
The group applied for a P9-million loan with the NHMFC before
officially activating itself under the CMP
program in December 19, 1990.
In Quezon City meanwhile, De Castro awarded a P1.8-million check to
landowners Raul and Remedios Vicencio representing 50 percent of loan
proceeds for the property being acquired by 56 CMP beneficiaries in
Purok 1, Old Balara.
De Castro lauded the landowners for supporting the national housing
program and urged the CMP
beneficiaries to do their part in fulfilling their obligation with
no. VPMEDIA 05-127
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