Author Topic: Housing Program for Government Employees  (Read 702 times)

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Housing Program for Government Employees
« on: January 06, 2011, 03:43:39 PM »
Vice President and Housing and Urban Development Coordinating Council chairman Jejomar Binay called for the implementation of a housing program for government employees.

In a letter to President Benigno S.Aquino III, Binay said that while the government has been providing housing opportunities for informal settlers and poor dwellers, many of our government personnel are still homeless.

There are about 1.3 million government employees who, under existing laws, can avail of housing loans from the Government Service Insurance System (GSIS) and Pag-IBIG fund.

However, only a small percentage of government employees have availed of the said loans because the existing housing options, especially those in Metro Manila, are not affordable.

Also, low-income government employees find it difficult to access and comply with the requirements needed. - PNA

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