By Perfecto T. Raymundo, Jr.
QUEZON CITY — Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino Acuzar on Monday (Dec. 18) said that it’s the first time that the housing program of the government has become sustainable.
During the first ever Annual DHSUD Media Forum in Eastwood Richmond Hotel, Acuzar said that it’s the first time that the housing program of the incumbent administration has become sustainable in the sense that no public funds were spent for such a program.
Acuzar added that the private stakeholders such as the banks and financial institutions are the ones financing the housing program of the administration’s housing program.
The DHSUD chief cited that it’s really the media who have played a significant role in the dissemination of vital information about the government’s housing program.
It can be noted that there’s a housing backlog of 6.5 million housing units nationwide.
The DHSUD, through its attached agency National Housing Authority (NHA), targets to build one million housing units each year until the end of the six-year term of President Ferdinand “Bongbong” R. Marcos, Jr. in 2028 for a total of six million housing units.