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Bacolod City, Philippines Tuesday, November 26, 2019
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Silay homeowners ink contracts


Three Homeowners Associations (HOAs) in Silay City, recently signed contracts to sell (CTS) with the United Coconut Planters Bank for the purchase, on instalment, of the property on which their houses are erected.

Signing the CTS in the presence of UCPB-Bacolod Branch Manager Ma. Teresa Maravilla were Brgy. Mambulac Zone 1 Community Association, represented by its president Lorna Lucot; Bran Village HOA, represented by its president Regina Parreno-Tupan; and Bodega Village HOA, represented by treasurer Elena Burla, a press release from the Third District Congressional Office said yesterday.

Marie June Pavillar Castro, district coordinator on Housing Concerns of the Third District Congressional Office, said facilitation and coordination services for the HOAs was started during the term of former Rep. Alfredo Benitez.

Housing continues to be a priority in the 3rd District with Rep. Francisco Benitez, vice chairman of the House Committee on Housing and Urban Development, the press release added.

Facilitation of the registration of the HOAs with the Housing and Land Use Regulatory Board (HLURB) as well as assistance with the registration process with the Securities and Exchange Commission are among services provided, the press release added.

Bran and Bodega Village HOAs, both located in Sitio Beraño in Barangay Lantad, have 47 and 64 members respectively. Zone 1 HOA in Barangay Mambulac has 107 members.

Rep. Francisco Benitez recently met with housing stakeholders in Murcia to discuss possible solutions to the problem of informal settlers in the military reservation, the press release added.*


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