00:00If you want to make the developers want to pay the price,
00:04the price will contribute to a housing interest subsidy.
00:11It will bring down the cost of the monthly of the beneficiary direct.
00:17So, if you want to pay for its housing unit, let's say it's paid $4,800.
00:24But with the PREVA proposal, direct subsidy of the interest rate,
00:29we're targeting about P2,000.
00:32So, marami na makaka-apport doon.
00:35Mananamdaman sa mismo,
00:36nung beneficiary, yung tulong, yung intervention.
00:41Rather than forcing developers to put up units,
00:45which up to now, some of which has remained unoccupied.
00:51Sino ang kumita doon?
00:52Walang kumita doon. Ang kumita doon, yung contractor siguro.
00:56Pero yung beneficiary, hindi niya natira.
00:59Yung beneficiary, napilit mo maglabas ng pera for nothing.
01:04So, we're saying there are better alternative modes of compliance that will help the beneficiary.
01:13Number one, we would like to take a second look again.
01:17How effective has the socialized housing compliance been?
01:21How effective has it been delivered to the people that need this?
01:26As we all know, it's not, I mean, kotinak, no?
01:33Not so many have actually given this socialized housing developments.
01:38So, there's something that needs to be reviewed.
01:42So, we have some solutions, some suggestions, some recommendations.
01:48So that, uh, when yung question ka sigyan sa socialized housing.
01:53Dibanda, developers are asked that if you're,
01:57that if you're, have a main project development,
01:59you're supposed to get set aside 15% of your main project development costs
02:07and put into a socialized housing.
02:10And put into a socialized housing.
02:12So, it's a socialized housing.
02:13If it's a subdivision, no?
02:16May ceiling yan.
02:17You cannot go beyond the ceiling.
02:19But we are trying to entice foreign investors
02:22to consider the investment of the piece.
02:25It may not be an alternative,
02:26but it's an addition to their top of portfolios.
02:30So, with GREBA's affiliation,
02:34with GREBA's active, uh, partnership
02:37with the international community,
02:41especially right now, we, GREBA,
02:43is the exclusive bilateral partner
02:45of the National Association of Reotrists in the U.S.
02:49So, we have access to about 1.5 million reotrists worldwide.
02:55And, uh, just like when GREBA was born
02:59more than 50 years ago,
03:01uh, she was also part of it, uh, in the growth process.
03:06I personally had been in the GREBA organization
03:11for, uh, maybe 50, maybe even closer than 20 years.
03:17For, for a time, I was also the president here.
03:20And, uh, when I was called upon by my good friend here,
03:25President Toti, to, to be part of the National Board,
03:29I did not hesitate.
03:31And, Cebuano is always in the forefront, no?
03:34When, when I was asked to do one to go, uh, this year,
03:39uh, the convention,
03:41here is the venue, uh, as, uh, power-true,
03:45on the last one in Baguio, another ECT.
03:48And we're used to that.
03:51And, uh, it's a welcome leap for Cebuanos.
03:54.
03:55.
03:56.
03:57.
04:05.
04:25I'll see you next time.
