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Day: March 1, 2022

Ukraine war fallout: higher yields for gov’t borrowings

The Bureau of the Treasury (BTr) on Monday (Feb. 28) rejected all T-bill bids as rates climbed across-the-board amid uncertainties wrought by a combination of the Ukraine-Russia war, higher domestic inflation, plus the US Federal Reserve’s forthcoming interest rate hike. Monday’s Treasury bill auction was the first domestic borrowing for March, as the awarded amount …

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Dwelling Density & the COVID Pandemic

The COVID-19 pandemic has hit the poor the hardest and further exposed the gaping inequalities in access to health care, food, and housing. The government has been enforcing lockdowns and curfews with little thought to mitigating the impact on the most vulnerable. Shacks no bigger than a bus waiting shed accommodate several families whose members …

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Housing Escrow Fund – Cause for Serious Concern

The Housing Escrow Fund is a fund pool comprised of fund contributions by developers who opt to comply with the legally mandated balanced housing requirement via certain alternative modes of compliance. Under the law, a developer proposing to undertake a subdivision or condominium project is required to develop an area for socialized housing equivalent to …

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Sellers & Buyers – A Balancing of Interests

Unlike courts which render judgment based on their interpretation of law, those who make the laws, policies or rules are often confronted with a familiar conundrum – how to balance divergent interests to achieve the greater good, without alienating anyone. Given CREBA’s kaleidoscopic membership and its vision for homeless millions, its leaders can only empathize …

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