Vol. XXI, No. 151 [ Business World Online ]
Monday, March 03, 2008 | MANILA, PHILIPPINES
THE HOUSE committee on housing is working on the immediate approval of a consolidated bill that will provide one million houses in the span of five years. Once approved, it will boost the government’s plan to address the country’s housing problem.
Housing committee chairman, Oriental Mindoro Rep. Rodolfo Valencia (1st district), in a press statement said that their committee is currently considering four measures that will help solve the current backlog of 1.2 million housing units in the country.
"The country needs to build at least 61,600 housing units per month or 2,503 houses per day for the next three to five years... to catch up on the housing backlog." > > > [ full story ]
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