Pambansang Pabahay Para sa Pilipino
The Pambansang Pabahay Para sa Pilipino Program (lit. 'National Housing for the Filipino Program'), also known as the 4PH Program, is the national housing program of the Philippines. It was launched in September 2022 with the goal of having zero informal settlers by 2028.[1]
The Marcos administration aims to build 1 million housing units annually which is intended to address the 6.5 million housing backlogs of the country.[2] As of April 19, 2023, about 1.2–1.3 million housing sites have been started since Marcos assumed office.[3]
Development
On July 17, 2023, Marcos issued Executive Order no. 34, which directs all National Government Agencies and Instrumentalities, including Government-Owned or Controlled Corporations (GOCCs), as well as Local Government Units (LGUs) to submit a detailed inventory of suitable lands for housing for the implementation of the program.[4] The government announced that it will provide a 5% annual interest to the beneficiaries of the low-cost housing program for 10 years.[5]
References
- ^ Viado, Maria Viktoria (February 1, 2023). "Narrowing housing gap under 'Pambansang Pabahay para sa Pilipino Program'". Philippine Information Agency. Retrieved July 18, 2023.
- ^ Calalo, Arlie O. (December 1, 2022). "More LGUs support Marcos' housing program". The Manila Times. Retrieved December 3, 2022.
- ^ Bajo, Anna Felicia (April 19, 2023). "Marcos says 1.2-M housing sites started since he assumed office". GMA News Online. Retrieved April 19, 2023.
- ^ "Executive Order No. 34, s. 2023" (PDF). Official Gazette of the Republic of the Philippines. July 19, 2023. Retrieved July 19, 2023.
- ^ "Gov't to provide 5% annual interest subsidy for low-cost housing beneficiaries —DHSUD exec". GMA News Online. August 29, 2023. Retrieved September 2, 2023.
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