This project was developed as a pilot, replicating the initial demonstration project KABALAKA on a larger scale. 16.2 hectares of government land was provided, as part of a resettlement scheme that housed families affected by the Iloilo Flood Control Project, a major infrastructure development in Iloilo City. 1.6 hectares was allocated for members of the Homeless People’s Federation of the Philippines Inc.
Due to the high cost of construction materials identified in the KABALAKA project, this development partnered with the JF Ledesma Foundation Inc, a company which provided a cheaper alternative building technology, known as Interlocking Compressed Earth Blocks, to build the houses. In total, 172 core housing units were constructed, fully serviced with household water, electricity and sanitation. Clients were identified through the Iloilo City Urban Poor Network and three different micro-mortgage packages were offered with varying interest rates, loan repayment periods and maximum loan amounts. These allowed homeowners on low incomes to purchase their new houses, with affordable loans that best suited each family’s needs.
Description | Type | Number Expected | Number Completed | Sales Price (Local Currency) | Monthly Cost (Local Currency) | Loan Length (months) |
---|---|---|---|---|---|---|
Incremental two-storey units | Basic | 43 | 43 | 175000 | 2250 | 96 |
Incremental two-storey units | Basic | 88 | 89 | 130000 | 1190 | 144 |
Incremental one-storey Units | Basic | 41 | 16 | 105000 | 710 | 180 |
Based on exchange rate on 31/10/2021
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Data last updated on 30/06/2022