To promptly provide housing for more Filipinos, the Department of Human Settlements and Urban Development…
Paeng assault pressures DHSUD to deal with the housing shortage
In accordance with the instruction of President Ferdinand Marcos Jr., Secretary of Human Settlements and Urban Development (DHSUD) Jose Rizalino Acuzar has demonstrated a strong commitment and drive to address the housing backlog in the nation.
Following the onslaught of Severe Tropical Storm Paeng, which killed many lives and wrecked infrastructure, including homes in many parts of the nation, Acuzar shared this remark.
He claimed that President Marcos’ recent contacts with stakeholders to address the issue showed his desire to close the housing gap.
The President discussed the intention to construct housing for 10,000 people making the minimum wage and government employees while inspecting the Bagong Sibol Housing Project in Barangay Nangka, Marikina City, last Friday. This endeavor is under the flagship Pambansang Pabahay para sa Pilipino Program of the Marcos government.
Acuzar, along with other important DHSUD officials, members of his economic team, representatives from government financial institutions, and top executives from private banks, attended a dinner meeting the Chief Executive convened the day before to gather support for the scheme.
These initiatives, according to Acuzar, would undoubtedly strengthen the program as they “are concrete testaments of the President’s continuous endeavor to help regular Filipinos realize their dream of owning a quality, inexpensive homes.”
In order to alleviate the nation’s housing backlog, which is estimated at more than 6.5 million units, DHSUD is entrusted with building 1 million housing units annually over the course of the next six years.
DHSUD has started construction in seven different locations on the island of Luzon, including the Visayas, Mindanao, and National Capital Region cities of Marikina and Quezon City.
The Mayor of Marikina City, Marcelino Teodoro, and the heads of the DHSUD’s key shelter organizations, including PagIBIG Fund, the National Housing Authority, the Social Housing Finance Corporation, National Home Mortgage Finance Corporation, and the Human Settlements Adjudication Commission, were all available for the President to speak with during the inspection.
He discussed the master design for the five-hectare housing project site with Acuzar, other housing, and local government unit authorities.
“I would like to convey my profound gratitude to the President for his all-out support,” Acuzar remarked on behalf of DHSUD and our KSAs.
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