Pabahay sa Pulis Program ( Memorandum from H.E. the President )

April 23, 2001

April 23, 2001

MEMORANDUM FROM H.E. THE PRESIDENT

TO : The Secretary
    Department of Interior and Local Government
    The Secretary
    Department of Finance
    The Chairman
    Housing and Urban Development Coordinating Council
     
SUBJECT : Pabahay sa Pulis Program

 

The Program, as reviewed by the above-cited agencies, and which seeks to provide 100,000 housing units to the members of the DILG and the Philippine National Police (PNP), is hereby approved as to its concept, parameters, and the necessary support mechanisms from various government agencies.

In order to expedite the implementation of the program, you are hereby directed and authorized to coordinate all efforts to ensure the immediate implementation of the same.

More particularly, you are further directed to make arrangements with the Home Guaranty Corporation (HGC), Home Development Mutual Fund (HDMF), Land Bank of the Philippines (LBP), Development Bank of the Philippines (DBP) and the Philippine National Bank (PNB) in order to put together and implement the financing structure designed for this housing program.

For compliance.