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CFC ANCOP signs contract with SMDC and SMFI for Samar Housing Project for Yolanda Survivors

 

A Two-hectare housing project for survivors of typhoon Yolanda will soon rise in Eastern Samar. Rudy M. Gaspillo, President of CFC ANCOP Global Foundation Inc., Jose Mari H. Banzon, Executive Vice President of SM Development Corporation, Deborah P. Sy, Executive Director of SM Foundation Inc., and Melchor M. Mergal, Mayor of Salcedo, Samar signed a Memorandum of Agreement to construct two hundred houses for Yolanda Survivors in Samar. The MOA signing was held in Two ECOM Center, Pasay City last May 10.

 

CFC ANCOP will handle the technical and legal due diligence for land acquisition, site development and house construction for the project while SMDC and SMFI will support the project in the financial sense, as well as guarantee the sustainability of the project.

 

The activation of the project, which is projected to cost about P93 million, will be in July 2018. Aside from the houses, the parties also agreed to provide community development programs such as values formation, livelihood training and others to secure the sustainability of the project and to help the home partners start their new life in this new community. All the parties are hopeful that the 200 houses will not only provide shelter to the survivors, but will also help them create memories together as families and as a community. (Andrelene Veloso)


Added on Thursday, June 14, 2018


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