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Low-Cost Housing Project In Ilocos Norte To Proceed In November

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Low-Cost Housing Project In Ilocos Norte To Proceed In November

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The construction of a model house for socialized low-cost housing that will kickstart Phase 2 of the Adigi Homes project in Batac City, Ilocos Norte, is set to start next month.

Evalaudia Duyor, officer-in-charge of the Provincial Assessors Office, said in an interview on Wednesday that preparations are underway for the National Housing Authority to proceed with the project in partnership with the provincial government.

“As of the moment, we already have 30 aspiring homeowners who are interested to apply in the Phase 2 project,” Duyor said.

Duyor said 12 aspiring homeowners had applied in the first phase of the project.

Located in Barangay Quiling Norte in Batac City, the Adigi Homes is among the pioneering group housing loan projects of Pag-IBIG Fund in the Ilocos Region, covering 4.8 hectares.

The project initially received a PHP20-million budget allocation from Pag-IBIG Fund. Target beneficiaries include government workers from the Mariano Marcos State University, Mariano Marcos Memorial Hospital, other research institutes and national agencies.

Batac residents renting spaces but considering owning a home through viable housing packages are also expected to benefit from the initiative.

Applicants may choose among the 30-square-meter, the 36-square-meter, and the duplex bungalow-type units.

Loans will have an interest rate of six to seven percent per annum, payable within three years upon release.

In a social media post, Vice Governor Matthew Marcos Manotoc said the project aims to provide decent and affordable housing for Ilocano families, in support of the national government’s goal of building resilient and sustainable communities across the country.

He also said the project is aligned with President Ferdinand R. Marcos Jr.’s Build Better More Housing Program. (PNA)