Skip to main content

Housing Programs in the Philippines

Key shelter agencies, in particular Pag-Ibig Fund, the National Housing Authority and the Social Housing Finance Corp., have committed to provide 1.5 million homes by 2016.

"This figure was not plucked out of thin air, but was reached after a careful review of targets, capabilities and resources," Vice President Jejomar Binay said in a speech at SHDA-HUDCC National Developers Convention held at the Dusit Thani Manila.

Binay said the target figure of houses to be built by 2016 did not include the units that would be built using funds from private banks, non-government organizations, local government units, and private developers.

The Vice President also assured developers that tax incentives are available for private companies engaged in socialized housing and said that this is guaranteed under section 20 of the Urban Development and Housing Act (UDHA).

"HUDCC is currently evaluating the issue of non-availment and will hold a dialog with the Bureau of Internal Revenue for a uniform application of such incentives," he said.

However, Binay appealed to the developers for their faithful compliance with the 20 percent balanced housing requirement under the UDHA. Section 18 of RA 7279 or the Urban Development and Housing Act of 1992 requires every developer of subdivision projects to develop an area for socialized housing equivalent to at least 20 percent of the total subdivision area within the same city or municipality. The developer can also opt to shell out 20 percent of the total subdivision project cost if he chooses.

Binay said members of HUDCC were in the process of amending the implementing guidelines of section 18 and emphasized that the UDHA was not there to make housing development difficult for developers.


Comments

Post a Comment

Popular posts from this blog

Buried Treasures in Bohol Philippines

Written by Joe Espiritu       Four persons died in a treasure hunting accident last week. They died for nothing. Many had lost their shirts in the venture, the propensity for Filipinos to get rich quick attribute to the treasure hunting mania. The sad part is that only the ignorant venture on the search, those in the know, being sure that nothing will come out of the effort would not think of investing money, time and effort – this time lives – in a fruitless enterprise.        There had been stories of people getting rich uncovering treasure troves in unlikely places. Most stories are false. Ancient graves of archeological and anthropological value had been desecrated by treasure hunters. They had found nothing. Those people may have struck it rich but not from some hidden riches. Contrary to what other people say, there are no buried treasures in Bohol . If there had been, they were unearthed years ago.         If one ...
Post a Comment
Read more

Panglao Island Environmental Problems

By Romy Teruel One environmental and tourism issue that will keep on cropping up unless decisive actions are done is the issue of easement along beaches as prescribed by the Water Code of the Philippines.  This has cropped up before and now it is here again.    The conference that Gov. Erico B. Aumentado held with the hotel and resort owners of Panglao and Dauis last Friday is an example of laws wanting in implementation. While the laws are clear and guidelines are prescribed, willing compliance has remained a problem.  The Water Code of the Philippines prescribes a 20-meter easement from the high water mark on the beach towards inland where no permanent structure can be constructed whatsoever.  We need not send experts however to know that compliance is more in the breach than observance.  This prompts observers to ask "What happened to Bohol's thrust on eco-tourism and environmental conservation and protection?"  And this is usually followed by "They are killing...
Post a Comment
Read more

How to Maintain Good Posture

SOME people walk gracefully while others slump.      You know something is wrong.When you  see a frumpy figure gazing  back at you in the mirror.     Good posture can change all   that. A woman striding confidently into a room with her shoulders  straight  and head held high has the ability to break hearts. A man standing straight-backed, with just the right tilt to his square chin, will stand out from the rest of the slumped party-goers.     Good posture is easy to attain.   The steps to proper posture are simple, and they begin with the stomach. The belly button should be pulled back into the spine,  sucked up into the lungs. The ribs, in turn, should be held lightly under a buoyant chest and shoulders that are back and relaxed. The collarbones should be down, while the chin is slightly lifted, creating long, swan-like neck.     The  feeling is of being pulled upward from a string attached to the top of your head, with the entire spine stretched and extended. And on top of this b...
Post a Comment
Read more