The National Housing Authority Act aims to address housing shortages in the Philippines, particularly for the underprivileged. However, it overlooks the “missing middle” income segment and lacks incentives for private developers. Proposed solutions include expanding financing options and enhancing rental market regulations to ensure equitable housing access for all citizens.
Tag Archives: UDHA
Rep. Act No. 12216: Game Changer for Socialized and Low-cost Housing?
The passage of the National Housing Authority Act (Rep. Act No. 12216) aims to enhance the NHA’s role in addressing the housing backlog in the Philippines, particularly for underprivileged communities. Key provisions include a 50-year corporate term extension, tax incentives, streamlined land management, and improved governance, promising significant impacts on socialized and low-cost housing.
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