‘Yorme’ inks deal reinvesting housing beneficiary contributions
Domagoso cited that the arrangement reinvests money entrusted to the city by housing beneficiaries rather than general taxpayer revenue.
MANILA Mayor Francisco ‘Isko Moreno’ Domagoso and Land Bank Trust Banking Group Vice President Atty. Mario S. Sabino Jr. sign a trust agreement establishing a dedicated fund for the capital’s housing initiatives. Under the agreement, the arrangement will exclusively finance, manage, and disburse funds for the City of Manila’s vertical and horizontal housing and settlement programs.
Photograph courtesy of Manila Public Information Office
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