Gov’t raises price caps for socialized housing

The government has raised the “outdated” price ceilings for socialized subdivision and condominium projects in a bid to attract private investors to the Marcos administration’s ambitious mass housing program. The Department of Human Settlements and Urban Development (DHSUD) on Monday said that its head, Jose Rizalino Acuzar, and National Economic and Development Authority (NEDA) Secretary […]

Industry confab ratifies housing priorities

In the largest gathering of industry players and practitioners seen in the last decade, the real estate and housing sector under the umbrella of the Chamber of Real Estate & Builders’ Associations (CREBA) unanimously endorsed the Chamber’s updated 5-Point Agenda and advocacy priorities. The priorities Convention Resolution No. 02 – ratified during the CREBA’s Golden […]

Balanced housing: more affordable homes in urban areas

As a major output of the National Housing and Urban Development Summit which culminated in April of this year, the Housing Committees in both chambers of Congress spearheaded the formulation of a unified glossary of housing terminologies to finally address ambiguous or at times, conflicting definition of terms related to housing and erase the confusion […]

Affordable Homes for Employees in Urban Areas

SECOND in CREBA’s “Five-point Agenda for Housing” is the proposed bill amending Republic Act 7279 or the Urban Development and Housing Act (UDHA) of 1992, to address the need of urban workers for affordable homes easily accessible to the place of work.  Section 18 of UDHA, which sets forth the balanced housing program, mandates developers […]

3 Major Housing Bills

Since its inception in 1973, the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) has taken up the cudgels for Philippine real estate and housing on the legislative and policy fronts to shape public and private programs in all income groups particularly for the millions who do not  yet have a home of their […]

HLURB relaxes socialized housing rules

Last July 18, the Housing and Land Use Regulatory Board (HLURB) issued Memorandum Circular No. 07-A which amends, among others particular sections of Memorandum Circular No. 06 released earlier this year. The memo sets the requirement for developers of socialized housing projects who wish to be accredited so that they can enter into joint ventures […]