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Feature

6.5-million housing backlog

Feature

6.5-million housing backlog

Problem-solving starts with the recognition and identification of what needs to be addressed

By Manila Bulletin

Problem-solving starts with the recognition and identification of what needs to be addressed. This led the Department of Human Settlement and Urban Development (DHSUD) to strategic action after it was announced that there was around 6.5 million in housing backlog for informal settler families and low-income earners across the country.

Aggressive partnerships with local government units and other stakeholders were initiated which led to the measures to identify idle government-owned lands and finding private and government financial institutions to fund the construction of housing units.

In a bid to prevent the repeat of mistakes in implementing housing programs in the past, one of them the abandoned and unusable housing units, the DHSUD started to push for in-city and on-site housing projects either through condominium buildings or subdivision-type housing units for a typical Filipino family.

Currently, the DHSUD was able to secure P250 billion in funding and another P12 billion in revolving credit line for housing from Pag-IBIG. It was also able to convince Congress to push for lower monthly amortization for housing units.

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