- Published: Tuesday, 10 July 2018 08:44
- Written by Annabelle Ricalde
- Hits: 960
Cagayan de Oro City Mayor Oscar Moreno together with Arch. Antonio Ledesma, Atty. Arnolfo Ricardo Cabling, SHFC president, Dr. Billy Tusalem, Board of Director/COO of Julio & Florentina Ledesma Foundation Inc., Rev. Fr. Juan Magallanes Lagdamen Jr., project construction chairman of Earth Based Habitat Builders and Omairah Mardan, president Muslim Christian Women Homeowners Association Inc., signed a Memorandum of Understanding (MOU) this morning, July 9, for the establishment of a housing project intended for the 223 Typhoon Sendong survivors.
The city government and the Archdiocese through its Social Action Center will spearhead the field-level implementation of the project. The city will also provide assistance for site development, road network, electric, water and among others.
The Social Housing Finance Corporation (SHFC,) on the other hand, is the financing agency for the project through granting a loan to the association for lot purchase and housing construction.