THE DAVAO City council has approved the partnership between the city government and SM Development Corp. (SMDC) for a socialized housing project that will cost over P322 million. Under the memorandum of agreement (MOA), SMDC will cover all the expenses for the construction of the project on a 146,700-square meters government lot in Barangay Lasang. “The developers (SMDC) shall at their expense, cause the design, engineering and construction of the land development for the property, which shall include the construction of roads, drainage, and open space facilities,” the MOA reads. Poor residents who do not own a home are the target beneficiaries of the project, according to a statement by the city government.

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