
SSS offers emergency loans to Maymay, Habagat-hit members
SSS says qualified members affected by Maymay and Habagat may seek up to ₱20,000 under its existing Emergency Loan Program. …
BAGUIO CITY — The local government has recently made a formal request to the transition management committee of the state-owned Human Settlements Development Corporation (HSDC) for a comprehensive management report regarding the operation of the Maharlika Livelihood Complex.
The purpose of this report is to facilitate the smooth turnover of the facility’s administration to the local government by April 2025.
In Resolution No. 353, series of 2023, local legislators emphasized the need for a comprehensive management report on the Maharlika Livelihood Complex.
This report is crucial in preparation for the planned turnover of administration to the local government by April 2025.
The legislators further stated that the report will serve as a valuable resource for review and will guide them in establishing future administration policies for the complex.
The Maharlika Livelihood Complex is the first shopping mall and livelihood hub in the city which was built in the early 1970s.
In 1975, the lease period of the Maharlika Livelihood Center was extended by the former council members for a maximum of 50 years.
This lease is set to expire on April 27, 2025.
In 1980, the rights to the Maharlika Livelihood Complex, along with additional development, were transferred to the HSDC.
The HSDC is an attached agency of the Department of Agriculture (DA).
In 2009, former President Gloria Macapagal-Arroyo issued a directive to the agriculture department, instructing them to hand over the complex to the local government.
The reason for this directive was that the complex no longer fulfilled any agriculture-related function. However, this transfer did not ultimately take place.
Once the Maharlika Livelihood Center is officially turned over to the city, the city government anticipates earning an approximate additional income of around P40 million annually through the administration, operation, and management of the facility.
Copies of the approved resolution will be sent to the HSDC for information, guidance, ready reference, and necessary action as the turnover of facility management to the local government approaches within the next two years.
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