Seventyseven Living Spaces, Inc. (77LSI), the local housing developer in the Visayas specializing in residential spaces, is all set for the construction of its mass-housing project for 902 Cebu government employees, amid the pandemic.
The housing project, which will be erected in the remaining 7.3-hectare property owned by Cebu provincial government in Barangay Tunghaan, Minglanilla town, is an initiative of the Department of Human Settlements and Urban Development (DHSUD) and the Cebu Provincial Government.
Cebu Governor Gwen Garcia and DHSUD Secretary Eduardo Del Rosario led the groundbreaking ceremony for the construction of the Tunghaan Subdivision Project. Minglanilla Mayor Elanito Peña who also graced the ceremony, expressed gratitude to the national government, particularly DHSUD, for the implementation of the project that will benefit civil servants from the Cebu Provincial government and Minglanilla LGU.
Joining them is Seventyseven Living Spaces Chief Operating Officer Gionmaar Navaja. “We are grateful for this opportunity to work with the government and LGUs to strengthen the national housing program in the region and to promote resilient Filipino communities across the country,” Navaja said. “This is our way of giving back to the community as part of our Corporate Social Responsibility program.”
The mass housing project is an initiative to push the government’s whole-of-nation approach to give Cebu government employees who have served the government all their lives, the opportunity to enjoy the comforts of having a decent home that is both affordable and sustainable.
The P111-million project is the company’s first socialized housing endeavor in Cebu under the Balance Housing Actwhich requires owners and/or developers of proposed subdivision and condominium projects to develop an area for socialized housing, at the option of the developer, equivalent to at least 15 percent of the total subdivision area or subdivision project cost. Most of the company’s socialized housing projects are located in Negros – some of which are low-cost housing like the Aldea Homes 1, Aldea Homes 2, Aldea Homes 3&4 and Marina Del Costa located in Sibulan Negros Oriental.
The company is the developer behind the three Aldea Premier developments: the Malibu Residences in Talisay City; Bali Residences which is located in Lapu-Lapu City; and Florence Residences in the Cubacub-Mandaue area. Seventyseven Living Spaces Inc. was also dubbed as a top performing developer for the Visayas by Pag-Ibig Fund in 2020.