VP BINAY: HOUSING PROJECTS UNDER MY TERM ALL ABOVE-BOARD

            Vice President Jejomar C. Binay is confident that the projects of the key shelter agencies under his term as Chairman of the Housing and Urban Development Coordinating Council (HUDCC) will pass the scrutiny of auditing bodies as he welcomed calls from senators for a performance audit of HUDCC and other government housing institutions.
            Binay said under his term as HUDCC chair, the housing agencies implemented projects amounting to almost P270 billion with no adverse findings from the Commission on Audit (COA).
            “The record and performance of the housing agencies under my watch will stand scrutiny from a fair and unbiased body,” Binay said.
            “From July 2010 to April 2015, the government’s key shelter agencies provided house and/or lot packages to 792,014 families valued at P268.826 billion. Not one project was flagged by COA for any irregularity,” he added.
            The Vice President however said he no longer expects a fair assessment from the Senate, especially those conducting the protracted hearings of alleged irregularities in the construction of the Makati City Hall Building II.
            “The Senate can hardly be described as fair and unbiased so I expect nothing less than a continuation of the demolition campaign against me,” he said.
            “The accomplishments of the housing sector, specifically the the National Housing Authority (NHA), Home Development Mutual Fund (Pag-IBIG Fund) and Social Housing Finance Corporation (SHFC), were made possible through the institution of various policy reforms and implementation of pro-poor housing programs of the three shelter agencies,” he added.
            With Binay as housing czar, the NHA distributed some 446,695 units under its relocation programs for informal settler families (ISFs) living along danger areas and those affected by infrastructure projects in Metro Manila, as well as those residing in danger areas in nearby provinces.
            "This includes the 56,683 units constructed under the NHA’s housing projects for members of the Armed Forces of the Philippines (AFP), Philippine National Police (PNP), Bureau of Jail Management and Penology, and Bureau of Fire Protection.
            Binay said Pag-IBIG Fund’s End User Financing also provided a total loan amount of P182 billion benefitting 254,201 families.
            “The loans were used primarily for house and lot packages, lot or house acquisition, or housing construction,” Binay said.
            The Vice President added that the amount does not include short term loans (STLs), including multi-purpose loans (MPLs) and calamity loans (CLs), which could be used for purposes other than housing.
            “Of the total STLs, P188.5 billion were loans under the MPL for 9.4 million applications, while P29.8 billion for 1.7 million members were under the CL program,” he said.
            Binay said in addition to Pag-IBIG Fund's housing accomplishments, the Fund also increased its membership and provided better services to its members.
            "Since July 2010, the Fund has registered 7.13 million new members, which is 175 percent higher or more than double the 2.59 million who registered from July 2004 to June 2010," he said.
            As of May 2015, Pag-IBIG membership has reached 15.3 million.
            Meanwhile, a total of 91,118 families benefitted from SHFC’s High Density Housing (HDH) project and Community Mortgage Program (CMP).
            “Since the operationalization of the HDH program in 2013, 22 HDH projects have been implemented amounting to P2.745 billion benefiting 18,716 ISFs. And from July 2010 to April 2015, the CMP assisted organized communities consisting of 72,402 ISFs with total approved CMP loan releases for the period amounting to P7.65 billion,” the Vice President said.