By Othel V. Campos | Posted 6 hours
ago | manilastandardtoday.com
Mass housing developers said Thursday
the cost of housing will soon be within the reach of average Filipino families,
once the government approves the incentives under the proposed housing roadmap.
The Subdivision and Housing Developers
Association Inc. said the roadmap, which will be presented by the Board of
Investments, called for lower threshold in availing incentives.
It said this would make housing more
affordable to C and D segments and help eliminate the housing deficit by 2030.
Officials of SHDA said it consulted
with the BoI and key shelter agencies in crafting the industry roadmap to guide
members on increasing housing production.
“Affordability is a key component of
our roadmap. On top of government subsidy,
banks have become more aggressive and offer lower interest rates. As developers, we have also been pursuing
increasing housing production for target segments,” SHDA first vice president
Ricky Celis said at the opening of the 22nd SHDA National Developers Convention
and General Membership meeting at the Fairmont Hotel in Makati City.
“All the parties involved are doing
their part now, so this is the right time to consider how we can keep things
rolling,” Celis said.
Industry figures put the national
housing backlog at over 3.9 million units, a problem that could increase to 6.5
million by 2030 if the issues were not addressed.
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