AMENDING RES. NO. R473, S. OF 1990 OF THIS BOARD ADOPTING THE MINIMUM DEVELOPMENT STANDARDS FOR ECONOMIC AND SOCIALIZED HOUSING CONSISTENT WITH THE UNIFIED LENDING PROGRAM
RESOLVED, as it is hereby resolved that pursuant to Section 3 of Batas Pambansa Blg. 220, in relation to Section 5 (e) of Executive Order No. 90, Series of 1986, and the amended housing loan/interest rates package under the Unified Home Lending Program of the Housing and Urban Development Coordinating Council, the price ceiling for B.P. 220 housing projects are hereby adjusted as follows:
Model A Project – P375,000.00
Model B Project – P240,000.00
Model C Project – P150,000.00
Model D Project – P80,000.00
provided that this resolution shall not in any way affect existing contracts.
Wherefore, Resolution No. R-473, Series of 1990 of this Board is hereby accordingly amended.
This resolution shall take effect immediately.
Adopted: 20 Mar. 1991
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(Sgd.) TEODORO K. KATIGBAK
Chairman, HUDCC Ex-Officio Chairman |
(Sgd.) SILVESTRE M. BELLO, III
Undersecretary, DOJ and Ex-Officio Commissioner |
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(Sgd.) ERNESTO C. MENDIOLA
Commissioner and Chief Executive Officer |
(Sgd.) ROLLEO L. IGNACIO
Undersecretary, DLG and Ex-Officio Commissioner |
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(Sgd.) CESAR O. MARQUEZ
Commissioner |
(Sgd.) WILFREDO G. NUQUI
Deputy Director-General, NEDA and Ex-Officio Commissioner |
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(Sgd.) AMADO B. DELORIA
Commissioner |
(Sgd.) BIENVENIDO E. MERELOS
Asst. Secretary for Legal Service, DPWH and Ex-Officio Commissioner |
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(Sgd.) ROMULO Q. FABUL
Commissioner |
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