AFAB inks MOA with home developer

AFAB inks MOA with home developer

AFAB inks MOA with home developer

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MARIVELES, Bataan – The Authority of the Freeport Area of Bataan recently signed a memorandum of agreement (MOA) with Empresa Homes, Inc. on the promotion and marketing of affordable housing units for all FAB employees.
The MOA engages both AFAB and Empresa Homes, Inc. in an undertaking which aims to improve the quality of life of all FAB employees through promotion of home ownership and marketing of affordable house and lot units.
In a statement, the AFAB said it agrees to allow Empresa Homes to conduct marketing activities, display marketing materials and paraphernalia within the FAB, and to designate an area where Empresa Homes can receive applications and reservation payments from FAB employees. Empresa Homes, on the other hand, agrees to grants FAB employees with a corporate sales discount with rates subject to the conditions stipulated in the MOA.
Signatories of the MOA include AFAB Chairman and Administrator Emmanuel D. Pineda, AFAB Deputy Administrator for Operations Alewijin K. Ong, Empresa Homes, Inc., President Hermilo Gonzales, and Empresa Treasurer Michelle Hernandez.
The Empresa project occupies 10.6- hectare land in Barangay Lucanin, Mariveles town that houses 687 completed units, with 43 of them reserved already by FAB workers.
“This is an opportunity being made available to FAB employees and workers, and I do hope we take advantage of this,” said Pineda.

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