THE Social Housing Finance Corp. (SHFC) and the National Housing Authority (NHA) will now manage the construction services contracting for the Pambansang Pabahay para sa Pilipino (4PH) program, said Human Settlements and Urban Development Secretary Jose Rizalino Acuzar on Wednesday.
THE Social Housing Finance Corp. and the National Housing Authority will now manage the construction services contracting for the Pambansang Pabahay para sa Pilipino program, said Human Settlements and Urban Development Secretary Jose Rizalino Acuzar on Wednesday. Acuzar said the move would eliminate the cost of hiring developers and minimize coverage of sovereign guarantee.'What will happen is, once a housing loan has been approved, it will go through the SHFC and NHA .
The NHA and SHFC, they will do in-house planning. If it's a small project, they will make the design. Of course, that would be the standard design for a uniform construction. Only the façade will change so that it won't have a monotonous look,' Acuzar said.'Our task is to lower the price to benefit the poor. If we cannot lower the cost, the poor won't be able to afford it. There's a big discrepancy in our real estate , and the poor can barely adapt,' he said.
To Manage Building Of Housing Units Acuzar
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