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                                                                                                               Refer to: Ms. Dale Zapata
                                                                                                                                                    
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To help solve housing woes and decongest Metro Manila

KABAYAN BARES FOUR-PRONGED STRATEGY AT CREBA MEET

28 July 2005
 

Acknowledging that the enormous task ahead in easing the housing problem in the country, Vice President and concurrent chairman of the Housing and Urban Development Coordinating Council Noli ‘Kabayan’ De Castro hailed the partnership of the private sector with the government’s key shelter agencies, in coordination with the local government units, and encouraged them to further strengthened their bond to respond adequately to the projected need for 3.7 million housing units from year 2005 to 2010.


Vice-President De Castro issued his call at the 2nd Local Government Units-Private Sector Housing Conference of the CREBA Social Housing Foundation Inc. (CSHFI), social arm of Chamber of Real Estate and Builders Association (CREBA) at the Philippine Trade Training Center where he was the guest speaker.

 

Sa tema tema pa lang ng inyong pagtitipon:  “sandaang bahay bawat probinsiya, lungsod, munisipyo at pribadong sektor”, palatandaan na ito ng inyong interes na isulong ang mga programang pabahay ng pamahalaan. Kinikilala rin nito ang malaking papel ng sama-samang pagkilos ng pamahalaan at pribadong sektor sa programa ng pabahay. 

 

The Vice President admitted that of the total demand for housing units until year 2010, only 1.1 million shelter secured units or 33% can be shouldered by the government while the rest would have to be filled up by the private sector with the help of the local government units.

 

Towards this goal, Vice-President De Castro disclosed that new housing and community centers in different parts of the country are being established. And armed with the lessons learned from past experiences, the following policies and programs are being implemented:

 

First, the HUDCC bent on making the housing sector investor friendly by pushing before the Department of Finance for the exemption from value added tax houses that are valued P2 million or less and increasing the ceiling for socialized housing to P300,000.00 from P225,000.00 among others.

 

Second, the government has extended continued support for tested housing multi-stakeholder and cost-effective housing programs like Gawad Kalinga and Habitat for Humanity while programs like the orderly, just and humane relocation of informal settlers and the expansion of the micro housing finance initiatives through rural banks and microfinance institutions are being implemented.

 

Third, the capacity of the housing agencies have been strengthened through initiatives towards efficient financial management of housing programs, improvement in the collection efficiency on housing loans, disposition of non-performing loans and assets and the rehabilitation of non performing projects.

Lastly, reinforce the ability of the local government units to immediately address the housing needs of their constituents through the establishment of housing boards in every city and municipality, efficient processing of housing permits and licenses and support the decentralization and devolution of functions pertaining to urban development, planning, finance, at project implementation and management.

 

With this strategy, Vice President De Castro is optimistic that the combination of the private sector and the local government units, with the full support of the government’s key shelter agencies, would overcome the challenges ahead for better housing prospects for the people. 


Ref no. VPMEDIA 05-098



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