• 5 months ago
24 Oras is GMA Network’s flagship newscast, anchored by Mel Tiangco, Vicky Morales and Emil Sumangil. It airs on GMA-7 Mondays to Fridays at 6:30 PM (PHL Time) and on weekends at 5:30 PM. For more videos from 24 Oras, visit http://www.gmanews.tv/24oras.

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Transcript
00:00A new program has been launched for Filipinos as long as they have a job and are able to pay their salary.
00:07But what if the government can't pay this?
00:10Here's Tina Pangilinan-Perez's report.
00:16The dream of many Filipinos to have their own house is often hindered by high taxes.
00:23But in 4PH or Pambansang Pabahay para sa Pilipino,
00:27anyone who is able to pay their salary can now have a house.
00:32The program includes the construction of buildings in San Mateo, Rizal
00:36that were inspected by House Speaker Martin Romualdez
00:39along with several congressmen,
00:41executive officials,
00:43and the local government of San Mateo.
00:45GESUD and San Mateo LGU are partners in the project.
00:50There are also other buildings being built in other parts of the country.
00:53To be a beneficiary,
00:55they need to coordinate with the LGU and say their names and jobs.
01:00Even informal settler families or ISF can join.
01:05This is confusing. As long as you have a job, you have a house.
01:08Especially for the ISF, those who don't have a house,
01:12we know that they have no hope of having a house.
01:16They are the number one beneficiary here.
01:18This program is for everyone, for the poor.
01:23It means that everyone is qualified
01:27as long as they have a job because they can pay.
01:30The house is not free.
01:32It will be paid by the beneficiary through a loan from the bank.
01:37What if the income is not enough?
01:40GESUD asked the Congress to pay interest on the loan.
01:45What did the government do?
01:47They increased the payment to make it affordable.
01:50The monthly amortization will be lowered.
01:52If the monthly amortization is lowered,
01:54the poor will be able to pay.
01:56GESUD asked the Congress for 10 billion pesos,
01:59which is enough for 100,000 housing units.
02:02We shall prioritize this so that the housing program
02:06of our President can be supported here in the Legacy Housing Project.
02:10We think that with the 10 billion interest subsidy,
02:15we can set that aside for this particular priority program.
02:20For the program to continue,
02:23even if other administrations,
02:25GESUD wants to have a law for this.
02:29For GMA Integrated News, Tina Panganiban-Perez,
02:33Nakatuto, 24 hours.
02:45For GMA Integrated News, Tina Panganiban-Perez, Nakatuto, 24 hours.

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