January 31, 2023 – A promising 5 -storey midrise condo-type residential building is soon to rise in this city that would be beneficial to qualified individuals as the project has officially kicked-off during a ceremonial capsule- laying and ground breaking at barangay Tagaran, Cauayan City, spearheaded by the City Officials with Mayor Caesar S. Dy, Jr. and the Department of Human Set elements and Urban Development Officials headed by Arch. Henry Yap, the USEC for Planning and Institutional Partnerships of the program.
The ceremony was simultaneously conducted in a hybrid set-up with the same event held in Quezon City, where President Ferdinand R. Marcos, Jr. graced the program.
The Pambansang Pabahay Para sa Pilipino (4PH) program is a flagship program of the Department of Human Settlements and Urban Development as a commitment of the government’s housing program that every Filipino shall have a decent, safe resilient and affordable shelter to Filipino families to build one million housing units per year or a total of six million housing units for 6 years.
In his speech, President Marcos even requested the Congress to allocate a big budget for the project to sustain its operation.
Prior to the ground breaking ceremony, Mayor Caesar S. Dy, Jr, closely made a negotiation with the DSHUD for the realization of the project since Cauayan City is a potential location to establish the project and at the same time could help the homeless residents to have its own houses. Mayor Dy further extended his grateful appreciation to President Bongbong Marcos and the DSHUD Official as a recipient of the project.
The Pabahay Program will be constructed in a 4 hectare land at Barangay Tagaran with complete amenities , targeting 1,080 units for the first phase and further targeting 2000 to 3000 houses in the completion of the project for qualified government employees, low income families, and informal settlers.
The housing units will cost the beneficiaries to pay an amount from 2,573 pesos to 4,623 pesos payable within 30 years.
Before the program ends, a Memorandum of Understanding were signed into between the two parties, the LGU Cauayan represented by Mayor Caesar S. Dy Jr., and the Department of Human Settlements and Urban Development with Arch. Henry Yap and was witnessed by Congressman Faustino A. Dy, V, and other Provincial and City Officials. Other attendees during the event include officials of different National Government Agencies, Academes, and other LGU Local Executives Officer.
