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VULNERABLE NO MORE. A groundbreaking ceremony marks the beginning of safer lives for Quezon City informal settlers. Through Social Housing Finance Corporation’s High Density Housing Program, thousands of ISFs living along Tullahan River will be relocated to low-rise, safe settlements in Novaliches, Quezon City.
Flood-free and earthquake-proof housing units are set to house thousands of informal settlers in Quezon City.

994 members of Pascualer Ville ISF Homeowners Association on Tuesday led the groundbreaking ceremony of their housing project site located in Brgy. San Bartolome, Novaliches, Quezon City. Pascualer HOA is a beneficiary of Social Housing Finance Corporation’s (SHFC) High Density Housing Program (HDH), which promotes in-city relocation to ISFs living along the major waterways in Metro Manila. HDH is SHFC’s participation to the P50 billion ISF housing program of the government.

Through HDH, the community association was able to acquire a housing loan worth P447.3M or P450,000 per ISF that will enable the land acquisition, site development, and construction of 994 two-storey housing units. Each has a floor area of 36 square meters.

SHFC-partner developer Marcon’s Builder Inc. assured the community association with high quality houses that can withstand strong winds up to 300 km/h. Marcon’s Chief Executive Officer Engr. Marciano Garcia added that the housing units are also earthquake-proof.

“Instead of the usual hollow blocks, we will be using shear walls to ensure that the houses can last a lifetime. The price of these shear walls is three times higher than the normal construction materials. We want only the best for our beneficiaries,” Garcia stated.

In structural engineering, a shear wall is a structural system that is made up of braced panels, designed to carry wind and earthquake loads.
COMMUNITY PERSPECTIVE. This is how Pascualer HOA members envisioned their dream homes. With the help of Marcon s Builder Inc., their dream is now coming into reality.
During the ceremony, Pascualer HOA President Bernardina Barao can t hold her tears as she recounted the hardships the community has been through prior to the realization of the project.

"We were able to finish the entire process in four years. Along the way, some of our members left, many people and organizations doubted us, but here we are. We are just a step closer in owning our dream homes," Barao said.

The house construction will be completed in 10 months. A month after the turnover of units, the beneficiaries shall pay SHFC P 1,300 a month in a period of 30 years.
Members of Pascualer HOA are now starting to save for their monthly amortization. Several businesses to be owned by the community organization are also underway.