A Home for Every Filipino
As the Department of Human Settlements and Urban Development (DHSUD) rolls out its 4PH housing program, industry leaders and finance specialists express both optimism and concern about funding adequacy for the targeted 1 million units per year. Pag-IBIG Funding for 4PH Pag-IBIG Senior Vice President Fermin Sta. Teresa, Jr. reported during the CREBA Advocacy Forum …
Secretary Leo T. Magno, Presidential Assistant for Eastern Mindanao, announced that the national government has already signed more than 120 MOUs with various LGUs for the construction of some 1 million units throughout the country under the 4PH housing program of President Ferdinand R. Marcos Jr. Speaking before CREBA’s 2023 VISMIN Regional Housing Conference at …
4PH, Mindanao railway pushed at VISMIN housing confab Read More »
The Senate and House committees on housing and urban development and the Department of Finance outlined their agenda to resolve issues faced by the housing sector at the October 29 Philippine Housing and Real Estate Summit held by CREBA in celebration of its 49th founding anniversary. Sponsored by Vista Land, Boysen Paints, the Home Development …
Gov’t, private sector leaders bare housing thrusts at CREBA 49th anniversary confab Read More »
So much has been said about the need to reduce, if not eliminate, the country’s massive housing backlog in the shortest time possible. Yet, despite the unparalleled socio-economic benefits of housing as a centerpiece program, since the downfall of the Martial Law regime we still have to see an administration fully dedicate itself to this …
Mass-scale public housing as a centerpiece program Read More »
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 …
CREBA supported the passage of Republic Act 10884 or the amended balanced housing act in 2016 to make current housing laws work by ridding the Urban Development and Housing Act (Republic Act 7279 of 1992) of stumbling blocks to socialized housing production. Under R.A. 10884, the requirement for subdivision developers to develop socialized housing equivalent …
Socialized housing: better pricing and loan terms combined Read More »
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