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Manila Bulletin devider Philippines devider Metro Manila devider Marikina LGU gives land titles to 4 homeowners associations

Marikina LGU gives land titles to 4 homeowners associations

Published Aug 19, 2023 02:36 pm

The households belonging to four homeowners’ associations (HOAs) in Barangay Malanday, Marikina City have finally received their land titles courtesy of the local government.

Marikina City Mayor Marcelino “Marcy” Teodoro led the ceremonial awarding of titles, joined by officials from the Social Housing Finance Corporation (SHFC) led by Executive Vice President Atty. Junefe Payot.

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Photo from MARIKINA PIO / MANILA BULLETIN

The land titles will serve as the homeowners’ legal proof of ownership of the lands where their residences were built on.

The beneficiary HOAs are the Samahang Magkakapitbahay ng Purok III HOA Inc. Phase 2-B, Samahang Magkakapitbahay ng Purok IV Phase 1 HOA Inc., Rainbow HOA Inc. Phase 1, and Sanchez Village HOA in Brgy. Malanday.

Many families have been unable to secure land titles or have ownership of their own homes due to various reasons such as land disputes between other HOAs, and insufficient financial capabilities of families to pay the necessary costs to own the lands.

The local government noted that since 2016, the beginning of Teodoro’s mayoral term, active efforts have been made to help residents in the city secure their own homes.

One of those initiatives is the local government’s ongoing partnership with agencies such as the SHFC on their “Community Mortgage Program (CMP),” which aims to assist low-income families, especially in depressed areas, own the lots they occupy, or where they choose to relocate to.”

Through the affordable financial loan arrangements within the CMP, families in the HOAs in Barangay Malanday were able to obtain their security of land tenures.

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Photo from MARIKINA PIO / MANILA BULLETIN

In 2019, Mayor Teodoro said the city was finally “free from illegal settlers” since around 9,000 families in the city benefited from the CMP.

Aside from this, the local government also continues to implement and support socialized housing projects to provide livable homes for families.

Notably, the Bagong Sibol Housing Project in Barangay Nangka began in October 2022, in partnership with the Department of Human Settlements and Urban Development (DHSUD). Its 21-story high-rise buildings are expected to house around 10,000 families.

 

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