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Wednesday, May 1, 2024

Speaker assures passage of law to extend PH housing charter

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By Rio N. Araja

Speaker Ferdinand Martin Romualdez on Sunday assured the passage of a proposed law seeking to extend the Charter of the National Housing Authority which will expire in 2025 to help President Ferdinand Marcos Jr. build a million new houses per year to meet the country’s 6.15 million housing backlog.

“It is our commitment to ensure the success of President Marcos’ housing program that would bring a meaningful change and significant impact to the lives of ordinary Filipino people,” he said.

“The proposal will drive progress and address the need for decent housing of every Filipino family,” he added.

He said his leadership is actively collaborating with lawmakers and stakeholders to advance the measure’s approval.

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Romualdez and Ilocos Norte Rep. Ferdinand Alexander Marcos have joined forces in calling for the extension of the NHA Charter in the filing of House Bill No. 8156 or An Act Strengthening the National Housing Authority, Extending its Corporate Term, and Amending for this Purpose Presidential Decree No. 757.

The Department of Human Settlements and Urban Development’s Pambansang Pabahay para sa Pilipino program, which aims to address the country’s housing backlog by building decent and sustainable houses, is seen to benefit around 30 million Filipinos through the construction of 6.15 million housing units within six years. 

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