• 2 months ago
Mga private developer sa mga itatayong 4PH Program, inalis na ng DHSUD
Transcript
00:00The DHS-UD removed the private developers from the government's P4P program to lower the price of houses.
00:11This is what Joshua Garcia reported.
00:15The Department of Human Settlements and Urban Development removed the private developers
00:20from the government's P4P program to use the fund entirely.
00:25The private sector is also paying for the price of the houses they are going to build.
00:30I removed the developers from the government's P4P program and from the government's P4P program and I am selling them.
00:37Why would I sell them if the market is already there?
00:40You don't need developers, you don't need pre-selling, you don't need agencies.
00:46You will remove all those unnecessary expenses.
00:48That's why the price will go down.
00:50In addition to this, President Ferdinand R. Marcos Jr. also approved the request of the DSUD
00:55for a sovereign guarantee of assistance to speed up the construction of houses
00:59and to reach their target of 1.2 million units by 2028.
01:03But the agency expects that they will reach the target of 3.2 million units
01:07depending on the result of the government's capacity to issue this subsidy.
01:10Aside from the affordable price of the houses,
01:12President Marcos also ordered the proper and quality of the houses
01:17to ensure that the communities that benefit from this will be prosperous.
01:21The rich should feel what the poor should feel.
01:26That is the instruction of our President.
01:28Secretary, there should be no difference in what the private sector is selling
01:34in the construction of P4P houses.
01:36That is what our President strongly believes.
01:38In the latest data from the DSUD,
01:39more than 50 projects are currently being done that are mostly used by private funds.
01:44That is why a sovereign guarantee for developmental loans
01:47and subsidies will help to reduce amortization.
01:51According to the DSUD,
01:52there are 12,000 units that have been allocated this year
01:56while 162,381 units are under ongoing construction
02:01and land development throughout the country.
02:03Joshua Garcia for Pambansang TV in Bagong, Philippines.

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