RATIONALE AND BRIEF BACKGROUND:
Housing the largest number of informal settlers in the country, Quezon City has more than 200,000 families living in areas considered danger zones – 80% of which are informal settlers. Many of those families live in patched- up houses made of salvaged materials they find in dump sites.
Furthermore, only 35% of teachers in Quezon City have the luxury of having their own homes, with the remainder left to rent, squat or live in places far in distance from their work.
Habitat’s Bistekville 1 site is intended to provide homes for those teachers and their families, and families living along or in danger areas of the city, private or government land, and doubled- up homes with other families.
Bistekville 1 home partners pay a monthly amortiziation of P2,500, over a 25-30 year mortgage term through PAG-IBIG and Social Housing and Finance Corporation.