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MANILA, Philippines—The Department of Budget and management will release P3.78 billion to relocate informal settlers living in danger zones in Metro Manila.
“This move is part of the Aquino administration’s continuing efforts to ensure the safety and well-being of these families, given the constant problem of flooding in Metro Manila” Budget Secretary Florencio “Butch” Abad said in a statement early this week.
The funds will be released to National Housing Authority, which will assist informal settlers residing in hazardous areas in the metro, especially near waterways such as creeks, rivers and esteros.
Under the 2014 National Budget, P5.49 billion had been allocated for this project. Prior to the latest release, P600 million had already been released.
“The NHA’s relocation and resettlement program serves multiple purposes. It supports our local governments in providing housing and assistance and ensures the families’ safety in danger zones. Beyond that, relocating these families will help improve the sanitation and disaster-preparedness in problem areas in Metro Manila,” Abad said.
The funds were sourced from the 2014 General Appropriations Act.