LEGAZPI CITY: The Government Service Insurance System (GSIS) has approved P1.603 billion in credit concessions to all its members in Albay province, Rep. Joey Sarte Salceda said recently.

He said 29,926 houses in Albay were totally damaged and another 50,353 were very badly damaged. A total of P3.696 billion will be needed to rehabilitate those damaged or build houses for those who lost their homes.

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