Cordillera Housing Summit set Oct 18 in Baguio

Addressing the rising housing backlog can be part of government’s initiatives for economic rebound, its estimated multiplier effect to every peso is high with about 80 industries are involved in the construction of a single unit. The housing problem is beset with several issues such as — land market, price-setting,
financing scheme , time consuming processes and weaknesses of existing programs.

In the local front, Maria Amoroso, Regional Director of Department of Human Settlements and Urban
Development – Cordillera (DHSUD-CAR) reported in the recent PIA-Baguio’s Kapihan, Cordillera region has 130,000 housing backlog, but local developers believed it is higher compared to government datas.
Amoroso said her agency is committed in providing housing assistance to those who are in need thru the
Pambansang Pabahay para sa Pilipino – an ambitious housing program of President Ferdinand Marcos Jr. which targets to built one million housing units per year,reducing the 6.5 million backlog reported by Philippine Statistics Authority (PSA).

This Pambansang Pabahay para sa Pilipino housing program in partnership with local government units will be introduced during the summit starting Oct 18,coinciding the launching of Aboy-kayang Pabahay — payable in 30 years with an interest subsidy of 5%. The four-day summit will be held at New Town Plaza Hotel. “Inaabot natin sa mga stakeholders lalo na sa mga LGUs -our partner in providing a decent and affortable housing sa ating mga kababayan nanganga-ilangan ng pabahay sa Cordillera,” Amoroso said.

The program is anchored with the theme “Abot-kayang Pabahay Tungo sa Panatag na Buhay”, a banner program of the DHSUD enrolled under the Marcos Jr. administration. The DSHUD official further said the four-day event will be marked by a symposium with speakers from Philippine Institute of Civil Engineers
(PICE), United Architect of the Philippines (UAP), Geodetic Association. The Chamber of Real Estate
and Builders Baguio-Benguet Chapter, headed by its president and chairman, Fernando Tiong is expected to present current trends in the construction industry.

In a related development, several measures have been proposed to address the housing problem which include a shift from compliance to incentive-based policies for low cost housing production; need for a national land use policy and the importance of access and transport in the selection of lands for socialized housing.

Primo Agatep/ ABN

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