The Department of Human Settlements and Urban Development (DHSUD) has committed to construct more mass housing projects in Mindanao as part of the efforts to address the 6.5 million backlog in housing. In Zamboanga City for instance, DHSUD Secretary Jose Rizalino Acuzar said at least 25,000...
Mass housing developers have asked the Board of Investments (BOI) to raise to P4 million from the current P2 million threshold price per housing unit that would be eligible for government tax incentives, and extend the income tax holiday (ITH) availment period to six years from four years. In its...
President Duterte conceded on Monday, June 28, it would be difficult for the government to produce massive socialized housing for homeless Filipinos. In his taped public address, the Chief Executive said the completion of housing projects “takes time” because of the “conversion” system....