Capitol gives 93-1 lot occupants until next week to apply for housing loan

SunStar Publishing Inc.

THE Cebu Provincial Government has given the residents of 93-1 lots until next week to process their housing loan applications with Pag-Ibig Fund if they have not yet paid the monthly amortizations for the lot that they currently occupy. Provincial Ordinance 93-1 covers 51 hectares of Capitol-owned land in the barangays of Busay, Bo. Luz, Lahug, Mabolo, Apas, Lorega, Kasambagan, Capitol Site, Tejero and Kalunasan, all located in Cebu City.

, at the Capitol Social Hall last Monday, November 9, 2023, only 41 out of 48 organizations agreed to pay the lot based on its fair market value through the Pag-Ibig housing loan.In accordance with the Pag-ibig standards, the presidents of homeowner associations were tasked with gathering all of their members' application forms and submitting them to their office to expedite the loan processing.

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