In a press briefing during the 373rd Samal Foundation Day last Monday, Mayor Generosa M. Dela Fuente told newsmen here that a low-cost housing and an urbanized area is about to begin its construction after a 40 million peso loan from Landbank of the Philippines has been approved recently.
Dela Fuente said that the Sta. Catalina Housing Project will build an initial 130 units in a three-hectare lot beside the Samal Public Market.
“Each 100-square-meter house and lot unit costs around 1.5 million pesos, available to cash buyers or through banks or PagIBIG financing schemes. Of course we will prioritize our constituents among the interested buyers,” the Lady Mayor stressed.
Within the said community, the Samal Skills Enhancement Training Center will also rise to provide the investors in and outside the municipality the much needed skilled workers.
Another development is also on-going over the almost completed land development of the municipal low-cost housing and resettlement project for Samaleños located in Barangay Imelda, she added.
