President Ferdinand Marcos Jr. vowed to deliver on his promise to provide a million affordable houses annually for indigent families under the government’s public housing program. | NCorralesINQ RonWDomingoINQ /PDI
According to him, the one million low-cost housing units annually will greatly help in addressing the country’s housing problem, adding that the government’s goal was to provide shelter not only to indigent families but also to employees struggling to own a decent house.On the sidelines of the Association of Southeast Asian Nations Summit in Phnom Penh, Cambodia, last month, Marcos had told business leaders that the Philippines has taken on “a very aggressive housing program.
The Pambansang Pabahay Para sa Pilipino program aims to benefit at least six million families nationwide, with lease rights extending up to 100 years. A memorandum of understanding signed among these agencies on Wednesday provided modes by which participating government financial institutes may support the government’s housing initiatives.
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