Davao Teacher Housing

  • Status: Complete
  • People Housed: 25
  • Country: Philippines
  • City: Davao
  • Partner: LinkBuild
  • Year Approved: 2018
Total Invested
PHP 4,960,300
Average Sales Price
PHP 337,200
Total Invested
$103,367
Average Sales Price
$6,444
Delivery of Homes
Total Expected
Completed
Basic
15
15
Project Overview

A collaboration between LinkBuild, Homeless Peoples Federation Philippines, Inc (HPFPI) the Davao City LGU and the Department for Education, this project served government school teachers who did not previously have access to decent homes. Fifteen houses were constructed using a load-bearing earth-based construction method called Interlocking Compressed Earth Block technology (ICEBs), making the homes eco-friendly. An efficient and low-cost sanitation system has also been used made from recycled plastic septic tank.

These homeowners were able to access to housing finance through endorsement from the Homeless People’s Federation of the Philippines, which supported the clients in strengthening their savings and forming a homeowners’ association. Clients were required to provide a deposit of around 20% of the sales price, with the remaining amount loaned from LinkBuild.

The plots, provided by the Davao City government, are located in the Los Amigos resettlement site.

15
Homes Completed
5
Homes Occupied
15
Connected to Water and Sanitation
3.9
Nearest Employment Area
4.6
Nearest Health Centre
0.4
Nearest Primary School
0.17
Nearest Bus Stop
0.6
Nearest Market
0.5
Nearest Secondary School

Client Data

Displayed In
Client Monthly Household Incomes

Clients estimated to sit between 21st and 30th percentiles of incomes in Davao

Mean
35,000 PHP
729 USD
40th percentile at year of occupancy PHP 39,919
40th percentile at year of occupancy $832
Household Demographic Data
Household Size
5.00
Housing Information
Description Type Number Expected Number Completed Unit Size (m2) Sales Price
(Local Currency)
Monthly Cost
(Local Currency)
Loan Length (months)
1 storey core duplex unit, 39.5m2 unit on 80m2 plot (includes management costs) Basic 10 10 39.5 323000 4787.84 96
2 storey core duplex unit, 43m2 unit on 80m2 plot (includes management costs) Basic 2 2 43 380000 5277 96
1 storey core single attached unit, 39.5m2 unit on 80m2 plot (includes management costs) Basic 3 3 39.5 356000 5558.64 96
Finance Description Finance Source Deposit Interest Rate (%)
1 storey core duplex unit, 39.5m2 unit on 80m2 plot (includes management costs) LinkBuild 64,600 16.0
2 storey core duplex unit, 43m2 unit on 80m2 plot (includes management costs) LinkBuild 71,200 16.0
1 storey core single attached unit, 39.5m2 unit on 80m2 plot (includes management costs) LinkBuild 80,000 16.0

Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
PHP 4,960,300
$ 103,367

Of PHP 4,960,300 total investments, PHP 4,960,300 was recycled funds from previous project payments

Of $103,367 total investments, $103,367 was recycled funds from previous project payments

Based on exchange rate on 31/12/2020

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Data last updated on 10/03/2021