Developer donates P440T to National Housing Authority

CEBU – In adherence to corporate social responsibility, a home developer donated P440,000 cash to the National Housing Authority to finance around 60 houses of the said agency’s socialized housing project in Dumaguete City.

Through a memorandum of agreement with the NHA, Prime Homes Development Corporation demonstrated its support to the agency’s projects and developments. 

Benedict Que, president of Prime Homes signed the MOA with Engr. Gavino Figuracion, manager of NHA in Central Visayas, at the Prime Homes office in Gorordo Avenue recently.

“It is our social responsibility, mandated by law, to give 20 percent from our projects to the socialized housing projects of the NHA. Since we don’t have lands, we might as well buy participation in NHA,” Rey Alfonso Aguilar, general manager of Prime Homes, said.

Launching of the socialized housing project in Dumaguete is set next month.

Others present during the signing were Henry See, vice president for finance; and Engr. Isagani Cruz, project development manager; among others.

Prime Homes Development Corporation is a Cebu-based real estate firm that had just launched its first residential development in Estaca, Compostela.

It is looking at prospects of building a 12-storey condominium along Archbishop Reyes Avenue next year. — AJ de la Torre /MEEV (THE FREEMAN)