Gov’t to double housing production

Published by rudy Date posted on November 9, 2010

MANILA, Philippines—The government’s key shelter agencies have committed to double production of housing units to narrow the housing gap nationwide, according to Vice President Jejomar C. Binay, who also heads the Housing and Urban Development Coordinating Council (HUDCC).

“All the key housing agencies have pledged to jointly build 370,000 housing units annually which is more than double the current annual production of 150,000 units,” Binay said Monday.

The HUDCC groups the National Housing Authority, Pag-IBIG Fund, Housing and Land Use Regulatory Board, Socialized Housing Finance Corp., National Home Mortgage and Finance Corp., and Home Guaranty Corp. –Jerry E. Esplanada, Philippine Daily Inquirer

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