SHEC Logo St. Hannibal Mary Di Francia
Housing Projects
Housing - Cost PDF Print E-mail
Article Index
Housing
City of Pasay
cShec
dcommunities
eHousing Concerns
Danger Zones
bSocio Economy
iiProject Description
cArea Plans
ivcost
Repayment
All Pages

IV. PROJECT COSTS & FINANCING

A. Project Cost

The price of the land has been set at PhP 27.6 million. The construction of all the 20 MRBs meanwhile will cost PhP 83.16 million. In total, the project will require an investment of PhP 101.76 million.

 

B. Project Financing & Repayment Requirement

A bridge financing shall be secured to lock up the BPI property and to construct all the MRBs. The beneficiaries shall be required to put up their own counterpart of PhP 20,000 per family to cover all housing-associated expenses. This is on top of the amortization estimated at PhP 2,400 for both land and unit or PhP 1,000 if the land will be acquired through a grant or donation.

 

 

The proceeds from the repayments will be rolled over to finance other housing projects. This, in effect, serves the purpose of a revolving fund that can be invested in the acquisition of land and/or construction of housing facilities for the other areas of SHaCC.



 
 


Calendar of Events

previous month September 2017 next month
S M T W T F S
week 35 1 2
week 36 3 4 5 6 7 8 9
week 37 10 11 12 13 14 15 16
week 38 17 18 19 20 21 22 23
week 39 24 25 26 27 28 29 30

Latest Events

No events
Guaranteed Organic and Chemical Free!
Banner
Banner
click Image for more info

Products

fabricconditioner.jpg
Buy our products and support our community
Shacc Shop
Support ShaCC Community for their livelihood projects.
Banner