housing budget

Budget cuts will worsen shelter problem–IBON

August 17, 2017

Research group IBON said that the decreased 2018 housing budget will worsen the housing problem in the country. Amid a persistent housing backlog and disproportionate and rapid growth of urban population, the Duterte administration’s proposed housing budget cuts could affect millions of Filipinos in need of homes. The group said that it is the government’s […]

Private sector-led housing program undermines meager housing budget (IBON Facts & Figures excerpt)

March 17, 2017

“The problematic private sector-led housing program of government further undermines the meager housing budget. So-called low-cost socialized housing, for instance, now has a price ceiling of Php450,000, which was increased from its previous Php400,000 to encourage private developers to participate in the production of socialized housing units as well as reflect higher construction costs. Many […]