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Sunday, May 19, 2024

DHSUD says it’s open to suggestions on gov’t housing plan

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THE Department of Human Settlements and Urban Development (DHSUD) is open to suggestions to further enhance President Ferdinand Marcos Jr.’s Pambansang Pabahay para sa Pilipino Housing (4PH) program aimed to address the decades-old housing backlog.

DHSUD Secretary Jose Rizalino Acuzar said while the 4PH is now rolling out nationwide, the agency welcomes recommendations from all stakeholders, particularly lawmakers, on how to further improve the flagship program for the benefit of poor Filipinos.

“The President and the entire government are doing their best to come up with solutions to address the long-standing problem of housing. We have created the 4PH.   This is a new concept that is entirely different from the previous housing programs. We can still improve it, and all your recommendations are very much welcome,” he said.

The 4PH aims to fix the country’s housing need pegged at more than 6.5 million units that accumulated through the years.

“Our door is open and we are willing to listen and help you reach your dreams,” Acuzar said.

Unlike previous government housing programs that heavily depended on the national budget, DHSUD is tapping private funds and investible funds from government financial institutions in the implementation of 4PH.

Under 4PH, private developers and contractors would be given access to developmental loans to jumpstart housing projects, the housing czar said.

He maintained that the 4PH is pro-poor and designed to uplift the lives of underprivileged Filipinos, especially the informal settler families.

The Chief Executive is giving the underprivileged Filipinos a chance to own millions worth of asset in the form of housing through the 4PH, he emphasized.

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